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AKSET Law | Indonesia | 8 Apr 2021

Key Changes to the Regulation on Actuaries

On December 30, 2020, the Minister of Finance issued Regulation No. 227/PMK.01/2020 of 2020 on Actuaries (“MOF Reg. 227”). MOF Reg. 227 revoked the…
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Hogan Lovells | United Kingdom | 30 Sep 2018

The actuarial function, underwriting, capital and reserving: PRA Dear Chief Actuary letter

On 17 September 2018, the PRA published the text of a letter sent by its Chief Actuary for General Insurance, James Orr, to chief actuaries. The…
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Tuli & Co | India | 31 Jul 2018

Amalgamations and transfers in insurance sector

In recent years, the Indian insurance sector has been abuzz with the news of new players looking to acquire stakes in insurers and insurance intermediaries. While the Insurance Act 1938 provides for the manner in which insurers may carry out amalgamations and transfers of insurance business, the regulations governing the amalgamation or transfer of an insurance intermediary's business remain......
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Steptoe & Johnson LLP | USA | 5 Jun 2018

Daily Tax Update - June 5, 2018: Tax Court Issues Solar Energy Credit Opinion

In Golan v. Comm’r, T.C. Memo. 2018-76, the Tax Court considered several issues relating to energy credits under Sections 46 and 48 and special…
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Lane Powell PC | USA | 4 Jun 2018

Blowing out the Candles

This past week marked the actuarial midpoint of my life. Well, my current life anyway. Actuaries aren’t all that good at estimates when you add in the…
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McGuireWoods LLP | USA | 14 May 2018

Washington Healthcare Update - May 14, 2018

The House announced its rescission package following a “message” from the White House about what programs it wanted to cut. Initially, President Trump…
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Erisa Benefits Law PLLC | USA | 9 Apr 2018

PBGC’s Expanded Missing Participant Program Final Rule Covers DC Plans and non-PBGC Insured DB Plans

As authorized by the Pension Protection Act of 2006 (PPA), the Pension and Benefit Guarantee Corporation (PBGC) has issued a final regulation that…
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Tuli & Co | India | 27 Mar 2018

Brokers regulations 2018: significant changes and impact

The Insurance Regulatory and Development Authority of India (IRDAI) has released an exposure draft for revising the IRDAI (Insurance Brokers) Regulations 2013 for comments from stakeholders. Following various representations made by insurance brokers and other stakeholders, the IRDAI issued the IRDAI (Insurance Brokers) Regulations 2018 to repeal the erstwhile 2013 regulations, bringing......
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HFW | Asia-Pacific, European Union, France, etc. | 19 Feb 2018

Insurance Bulletin, February 2018 Edition 3

On 5 February 2018 the Prudential Regulation Authority (PRA) reported back, following its review of AFRs from a number of general insurance firms over the past year.
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Buchanan Ingersoll & Rooney PC | USA | 13 Feb 2018

Personal Impacts of Tax Reform: Should You Adjust Your Wealth & Succession Plan?

While there are many ways that the 2017 Tax Act impacts businesses, business owners and high net worth individuals may also be affected individually…
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