Industry Segments: Legal/Regulatory Page 19 / 90
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- July 15 2022
Hong Kong’s Target placed into liquidation by HKIA
The taxi insurer ran into trouble at end of 2021 as HKIA's CEO says there's "room for improvement" in the market.
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- July 15 2022
Australian renewals impacted by capital requirements
Gallagher Re's Cameron Green explains why buy-downs by insurers are still so popular.
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- July 14 2022
Liability and health books are growth drivers of China’s non-life market: Fitch
Non-motor lines have increased by 10.7% in the first five months of 2022.
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- July 13 2022
China heightens oversight as insurance assets bulk up
With the top four players controlling over half the market, any company failure is a huge risk to the economy.
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- July 12 2022
China’s regulators issue draft rules on ‘systemically’ important insurance groups
The evaluation scope includes scale, correlation, asset realisation and substitutability.
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- July 1 2022
Philippine Crop Insurance placed under close regulatory supervision
PCIC was found to be “very exposed to catastrophe losses which are not reinsured.”
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- June 30 2022
Malaysia’s regulator approves Liberty’s purchase of AmGeneral
The P&C deal is set to be formally completed next month and signals IAG's exit from the country.
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- June 29 2022
Thailand’s new cannabis rules attract capacity
MGA Frontier sees D&O opportunity amid thousands of license applications to grow as a cash crop.
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- June 15 2022
Digit Insurance seeks to become India’s second domestic reinsurer
Any move to compete with GIC Re needs final approval by the regulator.
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- June 2 2022
Former president of PICC P&C under investigation
Zhiyong Lin is suspected of a serious violation of discipline and law.
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- May 26 2022
Senior PICC exec dismissed for misconduct and bribery: report
Shen Dong is expected to be charged with embezzlement and bribery.
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- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
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- April 27 2022
Singapore regulator calls on (re)insurers to improve BI policies
Director Gillian Tan believes insurers are well-placed to improve cover, but data is key.
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- April 21 2022
Aussie broker Code moves commission disclosure beyond retail
The standards will now apply to all individual and small business clients.
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- April 15 2022
HKIA resumes full service as city ‘opens’ up
The 'fifth wave' of the virus appears under control with gyms, cinemas and theme parks set to open.
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- April 12 2022
China: Lure of cross-border reinsurance grows on nat cat spike
Players - including Allianz Re, Swiss Re and Peak Re - set to benefit.
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- April 7 2022
HKIA asks for co-operation over city-wide Covid testing
Companies asked to encourage employees to test and to put in place business continuity measures.
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- April 6 2022
China’s liability market grows as motor premiums slow
While the legal system isn't as favourable, there is plenty of room for product innovation.
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- April 4 2022
Thailand revokes licenses for two P&C players: report
The government is taking a more proactive approach to helping claims get paid.
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- April 1 2022
P&C players well placed as Japan steps up capital demands: Moody’s
The rating agency notes transparency, diversification and public scrutiny has helped.
