News Regulations

Taiwan: Regulator directs financial group to complete 100% buyout of insurer

Taiwan: Regulator directs financial group to complete 100% buyout of insurer

The Financial Supervisory Commission (FSC) has directed China Development Financial Holding Corp (CDFHC) proceed with its purchase of all of Taiwan's China Life Insurance.

03 Apr 2020

Australia: Illiquid superannuation funds warned to expect regulatory scrutiny

Australia: Illiquid superannuation funds warned to expect regulatory scrutiny

Australian pension funds unable to return part of their A$3tn ($1.82tn) savings to unemployed workers and to those in financial distress should expect to have their risk management frameworks scrutinised by the regulator, reported Reuters.

02 Apr 2020

India: Regulator bars insurers from capital gearing treaties

India: Regulator bars insurers from capital gearing treaties

The IRDAI has warned insurers against entering into fresh capital gearing treaties, and to phase out existing treaties.

31 Mar 2020

Hong Kong: High-level panel proposes tax measures to enhance insurance industry

Hong Kong: High-level panel proposes tax measures to enhance insurance industry

The Financial Services Development Council (FSDC) is proposing several tax measures for both insurance companies and individual policyholders. The goal is to foster the competitiveness of the insurance industry in Hong Kong and encourage Hong...

31 Mar 2020

South Korea: Regulator improves insurance operations

South Korea: Regulator improves insurance operations

27 Mar 2020

Pakistan: Regulator eases product registration process

Pakistan: Regulator eases product registration process

27 Mar 2020

Indonesia: Holding company of state owned insurers established

Indonesia: Holding company of state owned insurers established

25 Mar 2020

Australia: Insurers ask regulator to show how more data transparency enhances competition

Australia: Insurers ask regulator to show how more data transparency enhances competition

24 Mar 2020

Past Articles

India: IRDAI eases rules as brokers voice fears of lapses in insurance coverage

India: IRDAI eases rules as brokers voice fears of lapses in insurance coverage

Hong Kong: Govt introduces 2 Bills to boost regional insurance hub status

Hong Kong: Govt introduces 2 Bills to boost regional insurance hub status

India: IRDAI forms committee to improve corporate governance guidelines

India: IRDAI forms committee to improve corporate governance guidelines

New Zealand: Central bank gives reassurances on proposed AMP Life sale

New Zealand: Central bank gives reassurances on proposed AMP Life sale

Taiwan: Regulator monitors insurance sector's exposure to EU

Taiwan: Regulator monitors insurance sector's exposure to EU

South Korea: IFRS17 1-year postponement may still be insufficient for small life insurers

South Korea: IFRS17 1-year postponement may still be insufficient for small life insurers

Global: IASB postpones IFRS 17 implementation

Global: IASB postpones IFRS 17 implementation

Bangladesh: Call for updated insurance pricing and abolition of tariff system

Bangladesh: Call for updated insurance pricing and abolition of tariff system

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