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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...
Feb 13, 20241 min read
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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...
Nov 21, 20232 min read
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Insurance penetration stays low despite higher premiums
The Insurance Commission (IC) has expressed optimism that the country's insurance density and penetration would improve on the back of...
Aug 15, 20231 min read
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Insurers challenged by slowing economies and volatile markets
Slowing economies could weigh on Asia Pacific insurers' growth, says S&P Global Ratings in a new report. However, rising risk awareness...
Aug 4, 20231 min read
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Authorities investigate car repair insurance scandal
The Financial Services Agency (FSA) of Japan is investigating an insurance fraud at the used-car and vehicle-repair chain Bigmotor. The...
Jul 31, 20231 min read
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Inaugural Insurance Trust Indicator Study shows good levels of trust in insurance industry
The inaugural Insurance Trust Indicator Study (ITIS) shows that consumers and businesses have good levels of trust in the insurance...
Jul 27, 20233 min read
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A new national Net Zero Authority
Australia will establish a new Net Zero Authority to ensure the workers, industries and communities that have powered Australia for...
May 25, 20232 min read
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Insurance regulators can contribute to addressing protection gaps
The International Association of Insurance Supervisors (IAIS) says that it will publish a report by the end of 2023 which analyses the...
May 3, 20232 min read
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