Financial Services Commission
Taiwan to ease rules on insurers' interested party deals
Taiwan to ease rules on insurers' interested party deals
FSC has drafted amendments to Articles 4 and 6.
S. Korea’s FSC outlines new finance policies for sustainable growth
The gov’t agency aims to announce comprehensive changes by year-end.
South Korea regulators to upgrade insurance benefits system
There is still about $11b (KRW12.6t) in unclaimed insurance funds.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. TS Holdings merges Shin Kong Life and Taishin Life 5. PNB MetLife launches dividend fund linked to insuranceResource Center
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Insurance
Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.