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Regulator reviews rules for selling insurance to overseas workers
The Insurance Commission (IC) is planning to issue rules governing the mandatory insurance for overseas Filipino workers (OFWs). The...
Aug 6, 20241 min read
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Regulator advises judicious pricing of EV insurance
The Financial Services Authority (OJK) is urging general insurance companies to develop risk mapping for electric vehicle (EV) insurance,...
May 23, 20241 min read
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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...
May 16, 20243 min read
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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...
May 16, 20241 min read
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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...
May 9, 20241 min read
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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...
Mar 20, 20241 min read
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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...
Feb 22, 20241 min read
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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...
Feb 14, 20242 min read
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