Credit insurer Coface's 1Q2025 Asia payment survey reveals that businesses across Asia, facing economic uncertainty, are bracing for longer customer payment cycles.
The Indian government may not go ahead with its proposal to allow insurance agents to tie up with more than one insurer in each of the three categories-life, general and standalone health.
The Financial Supervisory Commission (FSC) of Taiwan has decided on several interim measures to mitigate the impact of exchange fluctuations in the financial and capital markets caused by changes in the international financial situation.
These are the updates on insurance regulatory developments in China.
There are significant barriers that impact both the resilient construction of new housing, and the adaptation of existing properties, says the Actuaries Institute in a submission to the Productivity Commission.
Vietnam has affirmed the private sector as the most crucial engine of the national economy, opening up opportunities for the insurance market among several industry sectors.
With an average of over 3m tourists visiting the country every month in 2024, Japan has proposed some major changes to entry rules, including mandatory health insurance for all international tourists.
The latest review of insurers' claims handling practices by the Australian Securities and Investments Commission (ASIC) has found that while insurers implemented programmes to improve claims handling functions in recent years, and some progress has been made, there is still significant room for further improvement.
The current financial health of country's National Health Insurance Scheme (NHI) does not require the health insurance premiums to be raised. According to a report by the Central News Agency country's minister of health and welfare Chiu Tai-yuan has said despite speculation in the media about financial pressure on the health budget, there is no requirement to raise the health insurance premiums currently.
As of April 2025, cumulative personal pension deposits in Shanghai have exceeded CNY18bn ($2.48bn), with an average per capita contribution of around CNY10,000 - the highest in China, according to the city's Ministry of Human Resources and Social Security.