Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
Pakistan: Insurance regulator says IFRS 17 adoption is one of its priorities
The adoption of international reporting standards and the modernisation of Pakistan's insurance industry will remain critical priorities for the...
The adoption of international reporting standards and the modernisation of Pakistan's insurance industry will remain critical priorities for the...
Article / 7 days ago
India: GST Council discusses exempting reinsurance from GST
India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to be held after the general elections which...
India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to be held after the general elections which...
Article / 14 days ago
South Korea: Govt to allocate nearly US$190bn to trade insurance in 2024
The Ministry of Trade, Industry and Energy has announced that the government would inject a record amount of KRW255tn ($189.4bn) in trade insurance this year to...
The Ministry of Trade, Industry and Energy has announced that the government would inject a record amount of KRW255tn ($189.4bn) in trade insurance this year to...
Article / 1 month ago
Australia: Fall in group insurance coverage attributed to legislative changes
There has been a sharp decline in the number of Australians covered by group insurance through superannuation, according to a research report...
There has been a sharp decline in the number of Australians covered by group insurance through superannuation, according to a research report...
Article / 1 month ago
Sri Lanka: State-owned insurance units attract 5 bidders
The tender for the sale of the segregated life and general insurance businesses of state-owned Sri Lanka Insurance Corporation (SLIC) has attracted five bidders, four of which are...
The tender for the sale of the segregated life and general insurance businesses of state-owned Sri Lanka Insurance Corporation (SLIC) has attracted five bidders, four of which are...
Article / 2 months ago
Australia: Govt aims to standardise more Nat CAT definitions
The Treasury has started a consultation exercise on standardising natural hazard definitions and reviewing standard cover for insurance contracts, says assistant treasurer and minister for financial services Stephen Jones
The Treasury has started a consultation exercise on standardising natural hazard definitions and reviewing standard cover for insurance contracts, says assistant treasurer and minister for financial services Stephen Jones
Article / 2 months ago
Hong Kong: Insurance federation issues Climate Charter
The Hong Kong Federation of Insurers (HKFI) has officially rolled out the Insurance Industry Climate Charter (Climate Charter)....
The Hong Kong Federation of Insurers (HKFI) has officially rolled out the Insurance Industry Climate Charter (Climate Charter)....
Article / 2 months ago
Bangladesh: Regulator seeks support from govt agencies to increase insurance coverage
The Insurance Development and Regulatory Authority (IDRA) is seeking cooperation from ministries and public entities to expand insurance coverage....
The Insurance Development and Regulatory Authority (IDRA) is seeking cooperation from ministries and public entities to expand insurance coverage....
Article / 2 months ago
Hong Kong: Regulator scrutinises conduct of insurers
The Insurance Authority's (IA) supervisory focus has pivoted to the conduct of insurers to ensure that customers are treated fairly, says the industry...
The Insurance Authority's (IA) supervisory focus has pivoted to the conduct of insurers to ensure that customers are treated fairly, says the industry...
Article / 2 months ago
Winning at IFRS17
No country was faster to implement the IFRS17 accounting standard than South Korea. But according to risk management technology provider FIS, what were the benefits, challenges and lessons of early adoption for the...
No country was faster to implement the IFRS17 accounting standard than South Korea. But according to risk management technology provider FIS, what were the benefits, challenges and lessons of early adoption for the...
Article / 3 months ago