CBIRC tightens insurance security fund rules
November 21 2022 by InsuranceAsia News
MORE FROM: Legal/Regulatory
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Insurers face headwinds from pace of regulatory changes: Zurich’s APAC CRO
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Regulatory changes aside, the insurer's regional head of risk Siddhartha Medappa names macroeconomic risks, climate change, cyber and infectious disease as top risks facing businesses in the region.
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OJK grants reinsurance licence to Orion Reasuransi Indonesia
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The new carrier, to be led by Fitris Dinarwan, will offer multipurpose credit and home ownership credit reinsurance, according to its website.
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Taiwan’s Financial Supervisory Commission announces Peng Jin-lung as new chair
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Peng, who has previously served in the regulator's insurance bureau and was involved in the drafting of the Insurance Act, will assume the top job on May 20.
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IRDAI’s onshoring push may squeeze out cross-border reinsurers
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The Indian regulator’s plan to introduce collateral will raise costs, increase compliance and administrative burdens.
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