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Sunday, July 26, 2026

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Regulatory

india-clarifies-gst-treatment-for-co-insurance-reinsurance-transactions
India clarifies GST treatment for co-insurance, reinsurance transactions 
February 3 2025
The government’s decision includes retrospective regularisation of GST treatment from 2017 to 2024.
india-to-allow-100-fdi-in-insurance-for-firms-investing-entire-premium-locally
Indian Finance Minister reaffirms 100% insurance FDI ambitions
February 3 2025
Nirmala Sitharaman said this enhanced limit will be available to firms which invest the entire premium in India
generali-bullish-on-china-life-prospects-despite-low-rate-risks
Generali bullish on China life prospects despite low rate risks
February 3 2025
CEO Giulio Terzariol says demographics mean the long term prospects for the firm’s Chinese life and general insurance businesses are good.
irdai-caps-senior-citizen-health-insurance-rate-hikes-at-10
IRDAI caps senior citizen health insurance rate hikes at 10%
January 31 2025
The move follows the regulator’s decision to abolish the age cap of 65 years for purchasing health insurance.
watchdog-urges-acil-to-name-insurer-penalised-for-claims-code-breach
Watchdog urges ACIL to name insurer penalised for claims code breach
January 31 2025
“Consumers and industry stakeholders deserve to know when an insurer has failed to meet its obligations,” says Chair of Australian Consumers Insurance Lobby.
irdai-grants-niva-bupa-extension-to-meet-expenses-of-management-limit-report
IRDAI grants Niva Bupa extension to meet expenses of management limit: Report
January 30 2025
Regulator gives insurer until FY26 to meet new requirements.
general-insurer-fined-au100k-for-claims-code-breaches
Australian general insurer fined AU$100k for claims code breaches
January 29 2025
However Code Governance Committee opts not to name insurer, citing insurer's cooperation, transparency, and accountability as reasons.
fwd-vietnam-life-fined-for-misleading-advertising
FWD Vietnam fined for misleading social media advertising
January 27 2025
Regulator imposes minimum penalty, citing first breach, full cooperation from insurer.
nfra-publishes-chinas-first-ev-insurance-specific-guidelines
NFRA issues China's first EV insurance-specific guidelines
January 27 2025
Regulators introduces guidelines in bid to address upward pressure on repair costs and premiums.
japans-insurers-help-drive-share-buybacks-to-record-levels-in-2024
Japan’s insurers’ help drive share buybacks to record levels in 2024
January 27 2025
Corporates are expected to continue dismantling their network of cross shareholdings into 2025.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August