Insurance Law and Insurance Regulation

The Insurance Regulatory and Development Authority of India (IRDAI) has released a two-part public consultation paper titled ‘Recalibrating Economics of Insurance Distribution’ (Consultation Paper). Part 1 sets out the proposed reforms. Part 2 presents IRDAI’s analysis of distribution costs and commission structures across the industry. Together, they propose the most significant overhaul of the Indian insurance regime. Comments are due by 25 October 2026.

Project finance transactions involving Kazakhstan insurance organisations present unique challenges when foreign lenders seek to create comprehensive security packages. This article examines the Reinsurance Assignment Deed (RAD), an instrument widely used in international practice but novel in the Kazakhstan market, analyzing its structure under English law and the critical Kazakhstan law considerations that arise despite the choice of foreign governing law.

As Chinese automakers export over 7 million vehicles annually, with NEVs comprising 37% of shipments, the strategic imperative has shifted from logistics to ecosystem-building. Auto insurance has emerged as a structural prerequisite for sustainable overseas expansion, requiring tight coupling between underwriting and go-to-market strategies across jurisdictions with varying repair networks, regulatory frameworks, and claims environments.

Insurance is a data intensive sector. Data localisation in India is sometimes described as though it were governed by a single rule requiring all insurance and related data to remain in India. The legal position is, however, more nuanced. The applicable requirements arise under several statutory and regulatory instruments, apply differently to Insurers, Reinsurers, and insurance intermediaries, and attach to particular records, systems, and regulated functions

Law 4/2026 amends numerous provisions of the P2SK Law and, through it, the underlying sectoral laws: Law No. 24 of 2004 on LPS, Law No. 21 of 2011 on OJK, Law No. 23 of 1999 on BI, Law No. 7 of 1992 on Banking as mended by Law No. 10 of 1998, Law No. 21 of 2008 on Sharia Banking, Law No. 8 of 1995 on Capital Markets, Law No. 40 of 2014 on Insurance, and Law No. 34 of 1964 on the Compulsory Road Traffic Accident Insurance Fund.

2026年9月4日，金融监管总局就《中华人民共和国保险法（修订草案征求意见稿）》（以下简称草案）公开征求意见，意见反馈截止2026年10月3日。草案共8章214条，现行法为185条...