China says insurance sector’s risks generally controllableJune 13 2018 by InsuranceAsia News Staff
IRDAI relaxes surety bond rules
- May 20
The regulator has reduced the solvency requirement and removed the 30% exposure ceiling.
Taiwan regulator orders four insurers to raise capital or risk being taken over: report
- April 11
Fubon, Tokio Marine Newa, Hotai and CTBC must restore their solvency levels by the end of June, or they would be taken over by the Financial Supervisory Commission within 90 days.
S&P upgrades Lloyd’s rating on sound solvency, better performance
- January 16
S&P expects 95% COR for 2022, taking into account the half-year COR of 91.4% and reserving of US$4bn for the war in Ukraine and Hurricane Ian.
CBIRC to start on-site inspections and tighten oversight of fund use by insurers
- December 9
Average solvency ratio of property insurance companies and reinsurance were adequate at 238.9% and 309.1%, respectively, according to the regulator.
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