EIL set to grow in South Korea following new pollution laws

EIL set to grow in South Korea following new pollution laws

EIL set to grow in South Korea following new pollution laws

Changes to pollution laws in South Korea could raise awareness of environmental impairment liability (EIL) among corporates in the region. It will also lead to a greater take-up of environment liability insurance (ELI), not least because the new law makes it a mandatory purchase for certain companies.

Much work needed by insurers to realise AEC dream

Much work needed by insurers to realise AEC dream

Much work needed by insurers to realise AEC dream

The formal creation of the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) at the end of last year and start of the AEC 2025 strategy should help the growth and development of the regional risk and insurance sector and wider financial services market through the removal of barriers to trade and gradual reduction in protectionist policies.

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