News Regulations

China clarifies tax treatment of offshore insurance income

China clarifies tax treatment of offshore insurance income

Chinese tax residents are required under existing law to pay individual income tax on their worldwide income, including taxable returns from overseas insurance products. This clarification from the State Taxation Administration (STA) comes...

Jake Nathanoel Dellosa | 11 Aug 2026

Australia: General insurance complaints increase by 5% while life insurance complaints increase by 3% in 2025-26

Australia: General insurance complaints increase by 5% while life insurance complaints increase by 3% in 2025-26

Complaints about general insurance products and services in Australia remained persistently high during 2025-26, according to preliminary data released by the Australian Financial Complaints Authority (AFCA).

Anoop Khanna | 10 Aug 2026

Philippine insurance chief suspended over alleged preferential treatment; vows cooperation

Philippine insurance chief suspended over alleged preferential treatment; vows cooperation

Philippine Insurance Commissioner Reynaldo Regalado has been placed under preventive suspension by the country's graftbuster following a complaint filed by an insurance firm.

Jake Nathanoel Dellosa | 07 Aug 2026

South Korea: Government delays health insurance premium hike announcement

South Korea: Government delays health insurance premium hike announcement

The South Korean government postponed an announcement on higher national health insurance premiums amid concerns of backlash over rising household financial burdens.

Ahmad Zaki | 30 Jul 2026

Thailand: OIC warns against unauthorised promotion of Singapore life insurance

Thailand: OIC warns against unauthorised promotion of Singapore life insurance

Reva Ganesan | 28 Jul 2026

MTAA urges ACCC to reject IAG's proposed RAC Insurance acquisition remedy

MTAA urges ACCC to reject IAG's proposed RAC Insurance acquisition remedy

Jake Nathanoel Dellosa | 24 Jul 2026

Sri Lanka: IRCSL launches insurance awareness programmes

Sri Lanka: IRCSL launches insurance awareness programmes

Jimmy John | 22 Jul 2026

Bangladesh: Settlement of unpaid claims of over US$568m will be the top priority of the new IDRA chief

Bangladesh: Settlement of unpaid claims of over US$568m will be the top priority of the new IDRA chief

Anoop Khanna | 20 Jul 2026

Past Articles

Korea FSC to establish AI-powered insurance fraud prevention infrastructure

Korea FSC to establish AI-powered insurance fraud prevention infrastructure

ICA to host insurer consultations for Port Pirie storm policyholders

ICA to host insurer consultations for Port Pirie storm policyholders

Hong Kong: IA initiates crackdown on sales practices

Hong Kong: IA initiates crackdown on sales practices

China launches joint inspections into suspected medical insurance and drug distribution irregularities

South Korean police raid Jaseng Hospital over alleged insurance fraud

South Korean police raid Jaseng Hospital over alleged insurance fraud

Hong Kong: Regulator authorises two captive insurers in wake of successful development strategy

Hong Kong: Regulator authorises two captive insurers in wake of successful development strategy

Malaysia: Government-designed MediAsas to be launched by private insurers

Malaysia: Government-designed MediAsas to be launched by private insurers

South Korea: Unclaimed insurance money to be returned to beneficiaries

South Korea: Unclaimed insurance money to be returned to beneficiaries

Follow Asia Insurance Review

This site uses cookies to ensure you get the best experience on our website and analyze traffic.