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May 16, 20243 min read
Insurers Face Crisis with Hundreds of Billions in Corporate Tax Increases
This year, insurers are facing a crisis where they may have to pay hundreds of billions of won more in corporate taxes compared to the...
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May 16, 20241 min read
Regulator and general insurers launch database to promote industry developments
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has launched an insurance database system (IBS) in...
11


May 9, 20241 min read
Insurance regulator signs free legal aid agreement with bar association
The Insurance Commission (IC) and the Integrated Bar of the Philippines (IBP), the national organisation of lawyers, have signed an...
20


Mar 20, 20241 min read
Insurance industry to adopt new Financial Reporting Standards WEF 1 Jan 2025
The Philippine Insurance Commission (IC) has issued a circular, mandating insurance and reinsurance companies to adopt Philippine...
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Feb 22, 20241 min read
Regulator considers incentives to boost microinsurance business
The Insurance Commission (IC) is planning to grant incentives to new microinsurance players to boost financial inclusion in the...
67


Feb 14, 20242 min read
Regulator increases death benefit in mandatory motor insurance
The lnsurance Commission (IC) has revised the death indemnity limit for third-party liability for all Compulsory Motor Vehicle Liability...
131

Feb 13, 20241 min read
Regulator and actuaries to conduct first morbidity study to evaluate rates and reserve valuations
The Insurance Commission (IC) and the Actuarial Society of the Philippines (ASP) have agreed to conduct the country's first industry-wide...
46


Nov 21, 20232 min read
Vietnam joins ASEAN Compulsory Motor Insurance system
Vietnam has joined the ASEAN Compulsory Motor Insurance (ACMI) system, which requires motor vehicle owners from other ASEAN member states...
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