Le Boursier had reported on 8 May an ACAPS official as having said that the regulator's review of the proposed M&A deal was on schedule....Source : MiddleEast | 27 May 2018
...regulations do not allow the creation of formal takaful initiatives for India’s 172 million Muslims.
The health assurance scheme will work on the existing platform of Uplift Mutuals,...Source : MiddleEast | 27 May 2018
...regulations may levy a fine onto companies up to EU $20m or 4% of their annual global turnover for serious infringements. Whether those fines can be insured was brought into question in a paper relea...Source : AIRPlus | 25 May 2018
...regulations for parametric products but at present there is not any new regulation that would change the current supervisory framework.
One hurdle for further adoption stems from a lack of...Source : eCin | 25 May 2018
...The Bangladesh Insurance Association (BIA) has again demanded the withdrawal of a 5% gains tax on bonuses given to policyholders....Source : eDaily | 25 May 2018
...Wang Yincheng, former president of the People's Insurance Company (Group) of China (PICC), was sentenced yesterday to 11 years in prison for accepting bribes of over CNY8.7 million ($1.36 million)....Source : eDaily | 25 May 2018
...At least 80 more staff are required by the newly established regulator, the Insurance Authority (IA) of Hong Kong....Source : eDaily | 25 May 2018
...Three senior professionals have been appointed to the Insurance Regulatory Commission of Sri Lanka (IRCSL) by the Minister of Finance and Mass Media, Mr Mangala Samaraweera, making up the seven-member Commission headed by Mr Mano Tittawella....Source : eDaily | 24 May 2018
...Commerce and Consumer Affairs Minister Kris Faafoi yesterday announced the start of public consultation on New Zealand's insurance contract law, with a key consideration being whether there is a need for greater regulation of insurer conduct....Source : eDaily | 23 May 2018
Nevertheless GDPR means that every organisation in the world that handles or stores the personal data of citizen of the EU will have to be up front about how it collects and st...Source : AIRPlus | 21 May 2018