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After 26 weeks, the Insurer can stop benefits if you were more than 61% at fault, or if your injuries are 'minor'.
Herbert Smith Freehills
Read our assessment of the key lessons for insurance policyholders based on last year's top cases and market developments.
Clyde & Co
The insurance was taken out in Australia.
Clyde & Co
On 6th December 2019, the China Banking & Insurance Regulatory Commission ('CBIRC') published (i) 'Detailed Implementing Regulations Regarding Foreign-Invested Insurers'
Clyde & Co
Large-scale autonomous vehicle adoption will be a reality in two to three years.
Clyde & Co
Insurtech is thriving – evidenced by the $8.5 billion insurtech investment raised in the last five years. But as the insurtech market becomes more saturated,
DeHeng Law Offices
Debevoise & Plimpton
On October 15, 2019, the State Council of China announced the long-awaited amendment to the Administrative Regulations on Foreign-Invested Insurance Companies (the "Amendment"), ...
Clyde & Co
On 19 September 2019, the China Banking & Insurance Regulatory Commission ('CBIRC') publicly circulated ('Circular') a list of endemic problems CBIRC...
Clyde & Co
On 15th October 2019, China's State Council issued revised 'Foreign-Invested Insurance Company Regulations' (the "Regulations').
Dezan Shira & Associates
China's social security system constitutes five different types of insurance and contributions to the mandatory housing fund.
King & Capital Law Firm
Clyde & Co
In late July 2019, China's Banking & Insurance Regulatory Commission ("CBIRC") issued a slew of administrative rectification orders ("Rectification Orders")
Hong Kong
Clyde & Co
The Hong Kong Insurance Authority (IA), an independent statutory body, has taken over regulatory control for insurance intermediaries.
Mayer Brown
Banks have certain activities related to insurance, such as referrals, premium financing and trust arrangements.
Mayer Brown
The number of cyber attacks is on the increase and so is their level of sophistication.
Clyde & Co
The Hong Kong Insurance Authority has published the new Code of Conduct for Licensed Insurance Agents (Agents' Code)
Herbert Smith Freehills
On 23 September 2019, the new statutory regime for the regulation of insurance intermediaries will take effect.
Clyde & Co
The new statutory licensing and conduct regime for insurance intermediaries comes into operation on 23 September 2019.
Mayer Brown
On 23 September 2019, the Insurance Authority in Hong Kong will take over regulation of insurance agents and brokers from the self-regulatory bodies (SROs),
Clyde & Co
The Insurance Authority has issued two new guidelines for licensed insurance intermediaries (the Guidelines)
HSA Advocates
Some of the key announcements Finance Minister Nirmala Sitharaman made in the Union Budget on July 5, 2019 on insurance.
DSK Legal
By an order dated December 13, 2019, the CCI approved the acquisition of around 9.99% of the equity share capital of SBI General Insurance Company Limited ...
AZB & Partners
The Department of Financial Services, Ministry of Finance, Government of India by way of a notification dated September 2, 2019 has amended the Indian Insurance Companies (Foreign Investment) ...
Tuli & Co
With a continually increasing market size and growth of almost 20% every year, health insurance products have seen an improved uptake in recent times.
Tuli & Co
The Amendment Regulations also omit the requirement of Indian Owned and Controlled which was stipulated under the IRDAI Regulations 2018 and the IRDAI Regulations 2017.
Khaitan & Co
On 1 November 2019, the Insurance Regulatory and Development Authority of India (IRDAI) notified the IRDAI (Insurance Intermediaries) (Amendment) Regulations 2019 (Intermediaries Regulations).
Tuli & Co
Partial withdrawal may now be opted under unit linked pension policies
S.S. Rana & Co. Advocates
Insurance is a contract of indemnity based on the principle of utmost good faith which aims at mitigating the loss caused by an uncertain event such as life, health, fire, marine, etc.
AZB & Partners
On August 20, 2019, CCI approved the acquisition of 51.20% of the total equity shareholding of Apollo Munich Health Insurance Company Limited (‘Apollo Munich') by Housing Development Finance Corporation
Tuli & Co
Relaxation of foreign investment limits in the insurance sector has been a subject of much debate over a period of time.
Tuli & Co
The IRDAI RS Guidelines provide guidance on the operational issues pertaining to the regulatory sandbox.
SSEK Indonesian Legal Consultants
A recently published surveyor report (laporan surveryor) on Indonesian coal exports noted that as of March 2019, of 1,095 coal shipments...
Clyde & Co
Typhoon Hagibis made landfall in Eastern Honshu, Japan on 12 October, bringing heavy rainfall, flooding and mudslides in rural areas
Labuan IBFC Inc
Also listen to this subject matter expert on obtaining senior management support for a captive approach, and the critical steps involved in delivering on expectations.
Labuan IBFC Inc
The midshore jurisdiction wins the Asian Domicile category for the second year running at the Asia Captive Review Awards 2019,...
Labuan IBFC Inc
When it comes to risk management, the adage "Failing to plan is planning to fail", rings truer than most. Risk management is vital in any business, and when a more cost-efficient and customisable
New Zealand
Duncan Cotterill
House insurance is absolutely crucial, and when borrowing from lenders to complete a house purchase, it is compulsory.
Clyde & Co
The recent Supreme Court of Victoria decision of UDP Holdings Pty Ltd (subject to a deed of company arrangement) (rec and mgr apptd) v Ironshore Corporate Capital (No 2) [2019] VSC 645
Clyde & Co
In the recent case of Sartex Quilts & Textiles v Endurance Corporate Capital Ltd the English High Court considered the common law requirements...
South Korea
The Korean Immigration Service has been restricting the grant of visa extensions and some work/residence permits to foreign nationals who have defaulted on payments
DLA Piper
On 29 November 2019, the Chinese government released the Interim Measures for Hong Kong, Macau and Taiwan Residents to Participate in the Social Insurance Scheme in the Mainland
Labuan IBFC Inc
In recent times, Asia has been tipped as the next growth area for the captive insurance world. While growth has been steady, there is yet to be the ‘boom' spoken about by various commentators.
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