HKIA to prioritise RBC review and re-domiciliation regime, says chairman
September 9 2024 by Georgina Lee-
Hong Kong’s Asia Insurance buoyant on D&O as reforms unleash demand
- September 17
The city's proposed corporate governance revamp and the newly launched RBC regime will open up opportunities for professional lines, and trigger industry consolidation as compliance costs mount, according to CEO Winnie Wong.
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Japan’s big 4 submit progress of business improvement plan to FSA
- September 16
Tokio Marine & Nichido Fire Insurance, Sompo Japan and MS&AD's subsidiaries Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance' measures to improve compliance, audits throughout the year, and new bottom-line indicators that reflect profitability.
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China State Council issues opinion on deepening insurance reforms, preventing risk
- September 12
The high level document by China's cabinet calls for deeper reforms for motor insurance focusing on new energy vehicles, and innovations for liability insurance and climate risk insurance.
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Government and private sector need faster progress on climate change: ICNZ
- September 9
The council urges more coordinated efforts on addressing climate change as Auckland floods and Cyclone Gabrielle's US$8.9bn infrastructure damage underlines their impact on lives and property.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
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CCi | LEG3/06: A delay analyst’s perspective on defect exclusions
Tackling contentious issues by applying the learning from the industry’s collective experience is key to improving the claims experience, writes CCi’s Steven Horne.
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AXA XL | Energy transition in Asia: How AXA XL helps enable the region’s ambitious plans
Transitioning to low-carbon sources is about more than just substituting one type of energy for another, it requires restructuring the entire energy ecosystem and developing new ways to store energy from intermittent sources like solar and wind.