News Regulations

India: Non-life insurers can offer standard health policies before 1 April

India: Non-life insurers can offer standard health policies before 1 April

The insurance regulator is permitting non-life and health insurers to sell the standardised health insurance policy, called Arogya Sanjeevani Policy. prior to 1 April 2020. This is earlier than previously decided.

27 Jan 2020

Taiwan: Regulator moves to tighten insurance plans linked to target-maturity bond funds

Taiwan: Regulator moves to tighten insurance plans linked to target-maturity bond funds

Taiwan Ratings Corp says that it welcomes the Financial Supervisory Commission's (FSC) plan to tighten sales of insurance policies featuring target-maturity bond funds, adding that the move would help rein in risks that investors are not...

27 Jan 2020

Indonesia: Govt plans omnibus law for financial sector in wake of insurance scandals

Indonesia: Govt plans omnibus law for financial sector in wake of insurance scandals

The government plans to draft an omnibus law for the financial industry, including insurance, as some of the existing rules are "ancient and inadequate", reported Bloomberg.

24 Jan 2020

Sri Lanka: Insurance regulator gets new chief

Sri Lanka: Insurance regulator gets new chief

Senior attorney-at-law and President's Counsel, Mr Razik Zarook, has been appointed as the chairman of the Insurance Regulatory Commission of Sri Lanka.

23 Jan 2020

Thailand: Regulator to help insurers deal with low interest-rate environment

Thailand: Regulator to help insurers deal with low interest-rate environment

22 Jan 2020

Fiji: IMF helps in review and updating of insurance law

Fiji: IMF helps in review and updating of insurance law

22 Jan 2020

Indonesia: Govt works on regulations to set up state-owned insurance holding company

Indonesia: Govt works on regulations to set up state-owned insurance holding company

21 Jan 2020

China: CBIRC's whistleblower regulations start on 1 March

China: CBIRC's whistleblower regulations start on 1 March

21 Jan 2020

Past Articles

India: Regulator to take

India: Regulator to take "basket of actions" against insurers engaged in cut-throat pricing

Indonesia: Insurance Board endorses tighter risk management of insurers

Indonesia: Insurance Board endorses tighter risk management of insurers

Indonesia: Govt and lawmakers act on state owned insurers

Indonesia: Govt and lawmakers act on state owned insurers

Indonesia: Govt to establish agency to provide guarantees to protect policyholders

Indonesia: Govt to establish agency to provide guarantees to protect policyholders

Indonesia: State owned social insurance firm mired in investment losses

Indonesia: State owned social insurance firm mired in investment losses

Indonesia: Call for government audit of all state owned insurers, pension funds

Indonesia: Call for government audit of all state owned insurers, pension funds

Japan: New leader strives to fix trust issues after insurance sales scandal

Japan: New leader strives to fix trust issues after insurance sales scandal

Australia: Regulators will need to decide nature of parametric products

Australia: Regulators will need to decide nature of parametric products

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