Subject: Regulatory Page 84 / 92
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- October 26 2015
Samsung Bank China Life begins operation
New shareholder Bank of China allows Korean insurer to operate life businesses in China.
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- October 26 2015
EastWest-Ageas life insurance JV gets SEC approval
East West Banking Corporation and Ageas Insurance International receive green light for new life insurance company.
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- October 23 2015
HK insurance commissioner addresses industry
Speaking at the FT Asia Insurance Summit, John Leung sought to ease fears about the burden of new regulations.
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- October 23 2015
China and Taiwan hold cross-strait insurance talks
The meeting is aimed at standardising regulations and improving mutual market access.
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- October 23 2015
Lloyd’s and China Taiping sign cooperation deal
Under the terms of the MoU, Lloyd's will help China Taiping to expand its global business network.
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- October 20 2015
Korean insurers free to set their own premiums
Financial regulator FSC is promoting greater price competition in the local insurance market.
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- October 19 2015
Bangladeshi scheme will train insurance practitioners
Professional insurance education is being offered through two private academic institutions.
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- October 19 2015
Vietnam to ban SOEs from investing in insurance firms
A government decree has banned SOEs from making fresh investments in insurance firms.
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- October 15 2015
Nippon Life eyes NAB’s insurance unit
The Australian bank has put its insurance unit on sale due to tightened global regulations.
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- October 15 2015
Online insurance still unpopular in Taiwan
Regulators aim to remove roadblocks that hamper online insurance sales after a lacklustre year.
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- October 14 2015
Aon reportedly pulling out of India’s broking market
Broker is set to pull out of its Indian joint venture amid "regulatory changes".
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- October 13 2015
Japanese insurers to offer liability cover in Myanmar
Three insurers have won licences to offer insurance products in Thilawa Special Economic Zone
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- October 13 2015
AIA sells Sri Lanka general insurance unit
Local insurer Janashakthi will pay US$22.8m to buy the unit after raising funds from a rights offer.
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- October 13 2015
Philippines seeks to widen health insurance coverage
Review prompted after the country was tagged as one of the world's worst places to die.
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- October 9 2015
Malaysia pushes for market-driven insurance pricing
Motor and fire insurance sectors need to be restructured, says the country's central bank.
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- October 9 2015
Bangladesh to establish employment injury insurance
Bangladeshi workers will soon have protection when they suffer injuries while at work.
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- October 8 2015
Taiwan’s health insurance fund hits its highest level
Lawmakers in Taiwan are starting to entertain the idea of lowering insurance premiums.
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- October 7 2015
US insurers hail Trans-Pacific Partnership agreement
US insurers say TPP will provide growth opportunities and additional high-paying jobs.
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- October 6 2015
World’s biggest insurers need to raise capital buffer
New IAIS rules have been finalised to prevent too-big-to-fail insurers from needing bailouts.
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- October 6 2015
Bangladesh insurers warned on money laundering
IDRA says insurers need to do more to stop money laundering and terrorist financing.
