IRDAI's push for commission-free policy sales on Bima Sugam signals the regulator's wider effort to rein in costs that have surged across the sector in recent years.
Taiwan's accounting reforms have triggered a sharp retreat from currency forwards, with six major life insurers halving their combined positions in just two months.
Among the reforms outlined by GIAJ chairman Shinichiro Funabiki are the implementation of an Agency Business Quality Evaluation System and the formalisation of a Corporate Risk Management Advancement Support...
The French insurer's decision to wind down its Taiwan branch comes following five years of losses, a failure to scale its business, despite capital support from its parent.
The revamped panel includes new members composed of executives of industry bodies, economists, policymakers, and financial experts, leaders and personalities from major Indian institutions.
While bancassurance new business profit powered Prudential's FY2025 growth, the group has flagged transforming the agency channel as its "number one priority".
Under the agreement, Land Bank will lead procurement, while Insurance Commission (IC), Bureau of the Treasury, Government Service Insurance System, Social Security System, Philippine Deposit Insurance...
Ahead of the ACCC's Phase I review decision next month, IAG's renewed bid to secure regulatory clearance for RAC Insurance has drawn fresh opposition from Australia's motor trade body.
