News Regulations

Australia: Review proposes scrapping specific taxes on insurance policies

Australia: Review proposes scrapping specific taxes on insurance policies

The New South Wales government's Federal Financial Relations Review has recommended the replacement of all specific taxes on insurance policies with broad-based taxes, such as a land tax, to improve insurance affordability and uptake.

03 Jul 2020

China: CBIRC extends preferential treatment for HK insurance industry

China: CBIRC extends preferential treatment for HK insurance industry

The Chinese financial regulator, the CBIRC, is extending preferential treatment for the Hong Kong insurance industry under the China Risk Oriented Solvency System for another year to 30 June 2021.

25 Jun 2020

Australia: Advisers receive more time to meet exam requirements

Australia: Advisers receive more time to meet exam requirements

Existing advisers have been granted an additional year to complete a FASEA-approved exam until January 2022 and two additional years to meet FASEA's qualification requirements until January 2026.

22 Jun 2020

Australia: Regulator issues guidance on its product intervention power

Australia: Regulator issues guidance on its product intervention power

The Australian Securities and Investments Commission (ASIC) has released a new regulatory guide on the administration of its product intervention power, following consultations.

18 Jun 2020

China: 11-year jail sentence for disgraced ex-insurance regulatory head

China: 11-year jail sentence for disgraced ex-insurance regulatory head

17 Jun 2020

New Zealand: Maritime agency imposes sharp hike in oil spill insurance cover

New Zealand: Maritime agency imposes sharp hike in oil spill insurance cover

17 Jun 2020

Australia: Insurers estimated to have to pay US$11m for corporate regulator's levies

Australia: Insurers estimated to have to pay US$11m for corporate regulator's levies

16 Jun 2020

South Korea: Authorities propose law enabling supervision of non-holding financial groups

South Korea: Authorities propose law enabling supervision of non-holding financial groups

08 Jun 2020

Past Articles

China: Allianz seeks insurance asset management licence

China: Allianz seeks insurance asset management licence

Pakistan: Taskforce formed to develop RBC regime for insurers

Pakistan: Taskforce formed to develop RBC regime for insurers

China: China Pacific Insurance gets green light for London listing

China: China Pacific Insurance gets green light for London listing

Taiwan: New Financial Supervisory Commission chairman outlines work focus

Taiwan: New Financial Supervisory Commission chairman outlines work focus

India: Insurers seek lower interest rate on funds from discontinued unit-linked plans

India: Insurers seek lower interest rate on funds from discontinued unit-linked plans

Cambodia: Etiqa receives insurance licences

Cambodia: Etiqa receives insurance licences

India: Pension fund managers have stricter investment rules

India: Pension fund managers have stricter investment rules

China: New rules on credit and guarantee insurance will help reduce default risk -- Moody's

China: New rules on credit and guarantee insurance will help reduce default risk -- Moody's

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