We are pleased to present the 2019, and the sixth edition of Insurance regulation in Asia Pacific – Ten things to know about 20 countries.
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 are also delighted to announce that the guide will be placed on our free subscription premium content site, the Institute, as an interactive map featuring the 20 jurisdictions.
The new interactive guide will allow our readers to:
- navigate a map of the globe to click on the jurisdiction you wish to read about
- create and customise your own comparative reports
- opt to receive email alerts when the laws change in the jurisdictions of your choice
If you are interested in accessing 2019 Insurance regulation in Asia Pacific guide, please register via the link provided above. Registration indicates acceptance of the terms and conditions which include important information about how this new guide will be delivered.
The Insurance regulation in Asia Pacific guide is located on the home page and under the cross border guides tab.
If you would like any further information on this publication, please do not hesitate to contact me or the relevant contributor.
Norton Rose Fulbright