Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
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 / 2 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 / 25 days 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 / 1 month 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 / 1 month 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 / 2 months ago
India: IRDAI proposes changes to registration and shareholdings of insurers
The IRDAI has released an exposure draft of a new regulation to promote the growth of the insurance sector by simplifying the registration of...
The IRDAI has released an exposure draft of a new regulation to promote the growth of the insurance sector by simplifying the registration of...
Article / 3 months ago