May 231 min readRegulator advises judicious pricing of EV insuranceThe Financial Services Authority (OJK) is urging general insurance companies to develop risk mapping for electric vehicle (EV) insurance,...
May 163 min readInsurers Face Crisis with Hundreds of Billions in Corporate Tax IncreasesThis year, insurers are facing a crisis where they may have to pay hundreds of billions of won more in corporate taxes compared to the...
May 161 min readRegulator and general insurers launch database to promote industry developmentsThailand's insurance regulator, the Office of Insurance Commission (OIC), has launched an insurance database system (IBS) in...
May 91 min readInsurance regulator signs free legal aid agreement with bar associationThe Insurance Commission (IC) and the Integrated Bar of the Philippines (IBP), the national organisation of lawyers, have signed an...
Mar 201 min readInsurance industry to adopt new Financial Reporting Standards WEF 1 Jan 2025The Philippine Insurance Commission (IC) has issued a circular, mandating insurance and reinsurance companies to adopt Philippine...
Feb 221 min readRegulator considers incentives to boost microinsurance businessThe Insurance Commission (IC) is planning to grant incentives to new microinsurance players to boost financial inclusion in the...
Feb 142 min readRegulator increases death benefit in mandatory motor insuranceThe lnsurance Commission (IC) has revised the death indemnity limit for third-party liability for all Compulsory Motor Vehicle Liability...
Feb 131 min readRegulator and actuaries to conduct first morbidity study to evaluate rates and reserve valuationsThe Insurance Commission (IC) and the Actuarial Society of the Philippines (ASP) have agreed to conduct the country's first industry-wide...