Industry Segments: Legal/Regulatory Page 26 / 86
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- December 2 2020
Hong Kong enters ‘new era’ as Belt & Road risk hub
Insurance Authority official touts SAR's ability to provide solutions for mainland companies.
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- December 1 2020
South Korea eyes Insurance Business Act revisions in H1 2021
Financial regulator creates taskforce to facilitate implementation of IFRS 17.
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- November 30 2020
P&C sector grows 5.5% to US$59.4bn: HKIA
Despite signs of resilience, motor and EC have seen sustained underwriting losses.
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- November 26 2020
MAS calls for more cooperation with China on catastrophe cover
Singapore’s regulator is targeting joint initiatives for flood-torn Chongqing.
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- November 26 2020
HKIA chair says GWS framework on track for H1 2021
The regulator is also set to publish its first risk and solvency assessment reports in June.
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- November 24 2020
Tower agrees US$29.5m settlement with EQC
The compromise ends almost a decade of uncertainty for shareholders.
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- November 19 2020
IAG halts share trades, QBE and Suncorp react to BI verdict
Firms explaining to shareholders the implications of a decision by the NSW Supreme Court.
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- November 19 2020
ICA considers appeal after BI policy court blow
The Insurance Council of Australia is set to consult with its members.
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- November 16 2020
Suncorp reserves US$90m for Covid claims, market awaits court ruling
The insurer is preparing for the worst after three months of lockdown in Victoria.
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- November 16 2020
CBIRC warns on “irrational exuberance” and “oligopolies”
A build up of debt in the financial system and a rush towards innovation are worrying the regulator.
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- November 11 2020
KPMG: Why 2021 is a pivotal year for IFRS 17 preparations the world over
The year 2021 will be critical for insurers to ensure they are ready for new regulations set to arrive in 2023.
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- November 4 2020
Asean’s regulators and market players eye closer relationships
The 10 countries are keen to collaborate across motor, agriculture and nat cats.
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- November 4 2020
CBIRC handed “zero tolerance” and modernising regulatory remit
China's leaders want to avoid systemic risks at all costs.
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- November 3 2020
Hong Kong’s regulator establishes senior disciplinary panel
The regulator sees it as an integral part of its regime.
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- October 28 2020
HK’s regulator prioritises captives, ILS and mainland integration
The HK Insurance Authority wants to be the "ideal global domicile for captives".
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- October 27 2020
Insurtech and GBA are market bright spots: HK’s IA chairman
Moses Cheng highlights the opportunities created by the current crisis.
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- October 27 2020
Japan’s 2050 carbon pledge to spur market into action
The nation is pivoting towards more committed climate policies, with huge implications for (re)insurers.
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- October 22 2020
Indonesia defaults likely to dampen growth: Fitch
Insurers should refocus on corporate governance and risk management, says the ratings agency.
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- October 21 2020
“Have a plan” for response to BI test case: ASIC
Australia's P&C insurers and Lloyd's coverholders need to coordinate action and communication.
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- October 19 2020
Insurers race to meet Philippines’ capital requirements
Four firms have been given a fresh deadline.
