BIR order will hike insurance cost (GMA News)
MANILA, Philippines - Insurers are warning of higher premiums after the Bureau of Internal Revenue (BIR) insisted on a P15 documentary stamp tax (DST) on certificates issued to employees covered by a group life insurance policy.

Life insurance premiums in China expand 67% in first 7 months (People's Daily)
Life insurance companies in China, both domestic and foreign-funded, collected 481.89 billion yuan (70.55 billion U.S. dollars) in premiums in the first seven months of this year, up 66.7 percent year-on-year, the China Insurance Regulatory Commission (CIRC) said on Thursday. The growth rate was 2.3 percentage points higher than in the first half alone, it said. In terms of life insurance ...