The government plans to draft an omnibus law for the financial industry, including insurance, as some of the existing rules are "ancient and inadequate", reported Bloomberg.
Rising cost pressures amidst a slower economy has led to a drop in sales of group life insurance, with employers either foregoing purchases of the cover or buying it only for senior staff and management.
The Japanese government has decided to reduce compulsory motor third party liability insurance premiums by 16.4% on average, beginning in April.
Political risks and violence have shot to the top of the risk barometer for Hong Kong, displacing cyber...
The Australian government is considering the recommendations raised in a review of the National Disability...