India: IRDAI issues draft regulation simplifying rules on expenses of management and commissions

Published on November 16, 2023
The IRDAI has issued an exposure draft of a regulation that consolidates and simplifies rules governing the expenses of management (EoM), including commission, of insurers.
Continue reading on website
Other news

Vietnam: Finance Ministry releases implementing regulations for updated insurance law

November 16, 2023
The Ministry of Finance has just issued a much-awaited circular detailing the implementation of several articles of the Law on Insurance Business.

China: Life insurance market predicted to surpass $890bn by 2028 on 9% CAGR

November 16, 2023
The Chinese life insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 9.0% over 2024-28, from CNY4.0tn ($552bn) in 2024 to CNY5.6tn in 2028, in terms of direct written