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Board directors' tenure could be limited to 10 years
Board directors in Australia could have their tenure limited to 10 years under a proposal being considered by the Australian Prudential...
Mar 26, 20251 min read
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New risk-based regulations for the insurance industry
The Financial Services Authority (OJK), Indonesian insurance regulator, with effect from 24 March 2025 will implement a new regulatory...
Mar 6, 20252 min read
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Parliament takes note of surging insurance premium hikes, to hold public hearings
Surging health insurance premiums in Malaysia have caused public distress to the extent that the Public Accounts Committee (PAC) of the...
Feb 11, 20252 min read
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Industry leaders advocate removal of GST on insurance premium to make more affordable
Indian insurance industry leaders have called for removing the goods and services tax (GST) on insurance premium. Speaking with Asia...
Feb 4, 20252 min read
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Tightens medical insurance fund through traceability technology
China's National Healthcare Security Administration (NHSA) will soon roll out stricter regulation of medical insurance funds through a...
Jan 6, 20252 min read
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IAIS adopts Insurance Capital Standard to promote a resilient insurance sector
The International Association of Insurance Supervisors (IAIS) has adopted the first comprehensive global capital standard for insurance...
Dec 16, 20243 min read
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Government sees need for overhaul of agricultural insurance
The Agriculture and Rural Development has drawn up plans to revamp agricultural insurance in the country from the central down to the...
Dec 13, 20242 min read
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Health insurers to stagger premium hikes as BNM directs them to review repricing strategies
Bank Negara Malaysia (BNM) requires insurers and takaful operators (ITOs) to review their current repricing strategies following concerns...
Dec 2, 20242 min read
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