Industry Segments: Legal/Regulatory Page 23 / 90
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- September 24 2021
APRA flags insurance capital framework as key priority
The regulator has pushed policy initiatives such as new offshore reinsurance rules to 2022.
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- September 21 2021
ICA eyes cost of SME commercial lines
Outgoing National Insurance Brokers Association head Dallas Booth will lead a new advisory council.
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- September 20 2021
Australia’s brokers to continue MGA expansion
Steadfast, Howden and the AUB Group have been increasing their presence but face more regulatory scrutiny.
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- September 15 2021
Hero Insurance Broking gains reinsurance licence — report
Hero Enterprise chairman Sunil Munjal says the broker wants to offer lines such as manufacturing and employee benefits.
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- September 13 2021
HK’s temporary facilitative measures extended to March 2022
The HKIA's exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.
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- September 9 2021
CBIRC says motor insurance reforms meeting objectives
Regulator says auto insurance's share of the P&C market is nearing that of US and Japan after last year's regulatory changes.
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- September 9 2021
Australia’s insurers call for national approach on disaster recovery
ICA report says the removal of state taxes on insurance should boost coverage across the country.
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- September 6 2021
CBIRC issues draft insurance guidelines: report
The regulator is seeking public comment on proposed rules to decrease financial risks amid heightened industry oversight.
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- September 1 2021
HKIA signs fintech MoUs with China and Macau
The agreement is part of a wider integration push across the Greater Bay Area promoting financial connectivity.
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- August 31 2021
New Zealand regulator seeks feedback on policyholder protection
Stakeholders will have until November 15 to submit their views on policyholder protection.
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- August 31 2021
China’s insurers struggle for growth amid Covid, new regulations
Renewals to take on added importance as new business faces challenging environment.
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- August 20 2021
Asia P&C reinsurance rates rise as nat cats, pandemic bite
A combination of government initiatives, ILS, nat cats, cyber risk and FDI regulations are set to fuel the market.
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- August 19 2021
APRA increases transparency around life and general insurance data
The regulator will now include class of business and product group data in its quarterly publications.
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- August 5 2021
CBIRC extends capital rules for ceding reinsurance to Hong Kong
China regulator says the policy can help the SAR become a global risk management centre.
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- August 2 2021
Zurich establishes Indonesia’s largest shariah GI player
The move follows the acquisition of Asuransi Adira Dinamika in November 2019.
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- July 26 2021
New Zealand seeks feedback on interim insurer solvency standards
Stakeholders will have until October 1, 2021 to share their views with the central bank.
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- July 26 2021
Aon to pay Willis Towers Watson US$1bn break fee as merger abandoned
Aon's CEO Greg Case cites "impasse" with US DoJ as antitrust trial loomed.
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- July 26 2021
Korea’s FSC gives three insurers more room to play in regulatory sandbox
Toss, DB and NongHyup Life Insurance to enjoy greater flexibility for online sales and marketing.
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- July 19 2021
APRA asks general insurers to self-assess amid BI concerns
The regulator wants insurers to review the soundness of their risk management frameworks.
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- July 7 2021
Aon/WTW: US judge schedules trial for November
District judge Reggie Walton blamed a backlog of cases from the pandemic.
