Industry Segments: Legal/Regulatory Page 28 / 86
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- September 8 2020
Hong Kong consults with market before new ILS rules
The SAR wants a bespoke regulatory framework.
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- September 4 2020
CBIRC steps up motor market reforms, supervision
Regulatory oversight is being strengthened.
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- September 3 2020
China Post Life eyes US$2.2bn stake sale as state pushes for market reform
Beijing-headquartered China Post Life, the life unit of state firm China Post Group, is looking to raise Rmb15 billion (US$2.2 billion) in a stake sale, notes multiple reports. China Post Life is v... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company […]
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- August 25 2020
Korean co-insurance to boost capital strength: Fitch
The FSC has developed new regulations to help manage liabilities.
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- August 25 2020
CBIRC commits to opening up to foreign players
Market reform and supervision are on the agenda in China with Allianz and Chubb taking advantage.
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- August 20 2020
HK’s regulator launches consultation on capital requirements
The new rules will likely be implemented in early 2021.
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- August 17 2020
Does climate change in New Zealand mean premium rises?
Market players such as IAG are recognising the urgent need to act alongside the government.
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- August 17 2020
Hong Kong confirms Clement Cheung as IA CEO for 3 more years
He will serve at least five years and has been a steady hand during a turbulent period.
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- August 14 2020
ICA launches Covid-19 BI test case with Hollard and HDI
The firms have offered their claims to form the basis of the Covid-19 test case.
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- August 12 2020
Korean majors in property sell-off ahead of new regulations
Insurers are shoring up capital to prepare for K-ICS and economic uncertainties from the pandemic.
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- August 10 2020
HK Insurance Authority “closely monitoring” US sanctions
The regulator urges market players to assess legal, business and commercial risks.
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- August 7 2020
China announces “three year plan” for P&C market
The CBIRC is promising greater reforms -- and scrutiny.
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- August 7 2020
Philippines state insurer officials face charges in US$300m fraud
Case follows Indonesia's state-run Jiwasraya being shut down due to fraud and corruption.
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- July 31 2020
Lloyd’s reaches out to Asia’s regulators on pandemic risk
Risk pools in the US and Europe point to potential market-government frameworks.
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- July 31 2020
ICA to conduct BI test case with regulator
The ICA is working together with the Australian Financial Complaints Authority in the courts.
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- July 27 2020
MAS ramps up (re)insurers’ cyber risk regulation
The regulator looks to enhance its oversight and impose larger fines.
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- July 27 2020
Tracking Asia’s path as the “next frontier for ILS”
Recent regulatory activity in Singapore and Hong Kong points to go.
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- July 23 2020
CBIRC delegates authority for majority of P&C insurers
Local authorities to become responsible for 64 P&C players.
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- July 22 2020
China’s regulator seeks to shore up life giant
Huaxia Life employs around 500,000 people and has been linked to several rivals.
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- July 22 2020
CBIRC urges insurers’ support for flood-hit regions
Direct economic losses have soared past US$12bn.
