Hong Kong risk-based capital regime rollout marks milestone: Insurance Authority
July 1 2024 by InsuranceAsia News
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Hong Kong’s new RBC regime could trigger more industry consolidation: S&P Global
- July 4
The higher compliance costs, coupled with earning swings due to market volatility, could lead to an increase in M&A in the sector and force some insurers to raise more capital, said S&P Global Ratings.
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HKIA, HKFI welcome proposal to introduce re-domiciliation regime
- July 4
A re-domiciliation regime will put Hong Kong in sync with developments in other (re)insurance hubs such as Singapore, and attract more insurers to set up their headquarters in the city.
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China revises emergency response law to alleviate nat cat shocks
- June 30
The revised law calls for the establishment of a nat cat risk insurance system based on market principles, and instruct local governments to take out personal accident insurance for rescue teams.
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India government may delay privatisation of three general insurers: report
- June 27
The government will provide the state-owned carriers capital support of US$600m, and review business plans to strengthen their balance sheets.
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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.
