News Regulations

South Korea: Stricter measures for motor insurance claims

South Korea has announced stringent provisions to curb fraud in motor insurance claims and help reduce motor insurance premiums for policyholders.

AIR team | 28 Feb 2025

Indonesia: Regulator and Statistics Indonesia conduct national survey of financial literacy

Indonesia Financial Services Authority (OJK) and Statistics Indonesia recently jointly conducted the country's national survey of financial literacy and inclusion (SNLIK) 2025 in all provinces.

AIR team | 28 Feb 2025

Australia: APRA simplifies prudential framework

The Australian Prudential Regulation Authority (APRA) has rescinded the 2018 Information Paper 'Outsourcing Involving Cloud Computing Services' in light of 'Prudential Standard CPS 230 Operational Risk Management' (CPS 230), which will come...

Sarah Si | 20 Feb 2025

Australia: Actuaries cite AI safety, climate and healthcare reform as critical for Budget

The Actuaries Institute has identified key priorities to strengthen economic resilience and social equity, calling out five key areas for the federal government to consider in its 2025-2026 Budget.

AIR team | 07 Feb 2025

Indonesia: Senior regulatory official outlines opportunities and challenges for insurance industry in 2025

AIR team | 18 Dec 2024

South Korea: Regulators to introduce insurance reforms

AIR team | 18 Dec 2024

India: Limiting insurers' business through parent banks' bancassurance channel will fail to address rampant mis-selling

AIR team | 18 Dec 2024

China, US financial regulators update MoU on communication & cooperation in insurance sector

AIR team | 18 Dec 2024

Past Articles

India: Private-sector insurers may beat government-run rivals in race to clinch composite licences

17 Dec 2024

Pakistan: Insurance tribunal reinforces obligation of insurer to policyholder

16 Dec 2024

Taiwan: Financial regulator lowers risk co-efficient for insurers' investments in public infrastructure via local venture capital firms

12 Dec 2024

Thailand: Regulator overhauls motor insurance rules after about 2 decades

10 Dec 2024

Global: IAIS adopts Insurance Capital Standard to promote a resilient insurance sector

09 Dec 2024

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