Former chair of China’s regulator handed 11-year jail sentence
June 17 2020 by InsuranceAsia News Staff
MORE FROM: Legal/Regulatory
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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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India’s GIC Re to revive stake sale post-elections: report
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Chairman of the state-owned reinsurer dismissed the possibility of a privatisation in the "immediate future". The priority is to improve its credit ratings to grow its international business.
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IRDAI allows carriers to customise commercial policy wordings: reports
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Non-life insurers were previously restricted to offering standard base policy wordings for motor, property, and engineering insurance cover based on which they could provide add-on covers/riders.
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