The National Financial Regulatory Administration has introduced a comprehensive, six chapter, fifty article framework, which aims to enhance consumer protection.
The four major Japanese insurers will report their findings to the FSA on Friday, with an anonymous source claiming 100 corporate clients have been affected by improper business practices.
Effective September 29th, 2023, the responsibility of the Life Insurance Code of Practice will transition from the Financial Services Council (FSC) to CALI.
Proposed legislation in the Philippines seeks to introduce a 2% tax on non-life insurance premiums, expanding current taxation which is limited to life insurance premiums.
The Monetary Authority of Singapore (MAS) has designated AIA, Prudential Assurance, Income Insurance, and Great Eastern as domestically systemically important insurers (D-SIIs), subjecting them to higher...
Both Bigmotor Co. and Sompo Japan are under fire as the FSA digs deeper into an insurance fraud scandal, resulting in multiple high-profile resignations including Sompo Japan's President earlier this...
The Insurance Authority and the Hong Kong Science and Technology Parks Corporation launch Open API Framework to stimulate innovation and promote cross-sector collaboration.