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May 2021



Zurich announces new legal panel for large and complex claims in APAC

Zurich Hong Kong has introduced a new legal panel to provide legal services for the strategic management of large and complex claims across APAC.

China: Financial entities to be required to adopt green finance

China will require financial institutions to transition towards green finance as early as possible, to help achieve the country’s carbon neutrality goals.

Malaysia: Labuan financial centre licenses eight captive insurers in 2020

Labuan International Business and Financial Centre (Labuan IBFC) charted strong captive growth in 2020, with its total number of captives increasing by 15.4% over 2019, according to trade publication, Captive Review, which recently released its World Domicile Update 2020.

Taiwan: All life policies to be in digital form in two years

Life insurance policies in Taiwan will become paperless in the next two years, according to Insurance Bureau of the Financial Supervisory Commission (FSC) director-general Shih Chiung-Hwa.


Fake COVID reports and vaccine certificates for sale on darknet

Fake COVID negative reports and vaccination certificates are up for sale on the darknet for those who want to travel across borders according to a new research report by cyber security company Check Point Research.


New Zealand introduces climate change law for financial firms

New Zealand is the first country in the world to introduce a law that requires the financial sector to disclose the impacts of climate change on their business and explain how they will manage climate-related risks and opportunities.