With the aim of strengthening financial discipline and reducing delays in claim settlements, Bangladesh insurance regulator, the Insurance Development and Regulatory Authority (IDRA) has proposed tougher management expense limits for life and non-life insurance companies, reported the Daily Star.
Singtel, in partnership with Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA) has launched the Singtel Cyber Protect Programme, a strategic public-private collaboration to bolster the cyber resilience of Singapore’s small and medium-sized enterprises (SMEs).
Asian
A new policy in Thailand makes it mandatory for all migrant workers in the country to purchase health insurance. The new policy aims at reducing the national burden on account of medical expenditure.
Vietnam’s government is advancing a series of reforms targeting social insurance and retirement policies, following public concerns about social welfare, retirement age and minimum wage.