Insurance regulation in Asia Pacific

Publication | January 2018
Insurance regulation in Asia Pacific

We are pleased to present the 2018, and the fifth edition of Insurance regulation in Asia Pacific – Ten things to know about 20 countries. Thank you to our clients, contacts and regulators for your continued support and contribution.

The purpose of this guide is to provide an overview and practical checklist of ten common regulatory issues for insurance companies upon which we frequently are asked to advise for the key Asia Pacific jurisdictions where most of our clients operate or into which they are interested in expanding. It identifies the regulator and whether branches of foreign insurance companies are permitted or only locally incorporated companies. Any restriction on foreign direct investment is highlighted along with the controller regimes (shareholders and management) and whether a notification or approval from the regulator is required upon proposed or actual change of control and the thresholds thereof. Also addressed is the nature of the regulatory capital regime, whether there is group supervision and policyholder protection, and whether outsourcing is subject to regulatory oversight. We aim for this guide to be a useful first stop for generic advice on the topics covered.

The information is up to date as at January 1,2018. It is not a substitute for considered legal advice.

If you would like further information on any of the matters covered here, please do get in touch with me or the relevant contributor.

Anna Tipping
Partner

Country summaries

Australia  Cambodia  China  Hong Kong  India  Indonesia  Japan  Macau  Malaysia  Mongolia  Myanmar  New Zealand  Papua New Guinea  Philippines  Singapore  South Korea  Sri Lanka  Taiwan  Thailand  Vietnam 


Contacts

Anna Tipping

Anna Tipping

Singapore