Industry Segments: Legal/Regulatory Page 30 / 89
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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.
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- October 15 2020
Australia’s market calls for more nat cat mitigation funding
The market is worried about extreme weather making coverage inaccessible and unaffordable.
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- October 14 2020
APRA focuses on capital adequacy and corporate governance
Systemic resilience, cyber and corporate governance are moving up the agenda.
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- October 14 2020
China’s state insurers shuffle leaders, including scandal-hit PICC
PICC has been dealing with the fall out from fake gold bars being used as collateral in a transaction.
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- October 13 2020
Thai regulator’s five-year plan emphasises market infrastructure
It promotes insurtech, the Insurance Bureau System and the OIC Gateway.
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- October 12 2020
Singapore’s cyber focus creates path for (re)insurers
The Monetary Authority of Singapore is clamping down on financial institutions through new rules.
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- October 9 2020
Hong Kong’s insurers grapple with stress tests
Risk-based reporting is putting pressure on unprepared companies.
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- October 7 2020
As IAG confirms US$99m settlement, Allianz also faces penalties
Aussie insurers have come under increasing regulatory and public scrutiny in recent years.
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- October 6 2020
RBNZ recommences Insurance Act review
The long-planned review was postponed again this March due to pandemic interruptions.
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- October 5 2020
Australia BI test case nears completion and decision
The ICA notes a "swift determination" will provide "greater clarity" for insurers, regulators and customers.
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- September 30 2020
CBIRC heightens digital supervision
By 2022 80% of China's insurers should be online.
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- September 30 2020
First Korean life player given Myanmar green light
The firm is now in search of a local partner to set up a JV.
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- September 29 2020
India’s ‘too big to fail’ move leaves many questions
Enhanced supervision of GIC, LIC and New India doesn't address underlying risks.
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- September 29 2020
Future’s stakes in Indian JVs close to being sold: report
A sale would reduce the Indian conglomerate's debt burden.
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- September 29 2020
Hong Kong’s IA and SFC sign co-operation agreement
An MoU should lead to enhanced information sharing and less duplication of resources.
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- September 18 2020
Singapore’s GIA extends Covid-19 relief measures
Market players required to provide flexible premiums until the end of 2021.
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- September 18 2020
China’s P&C outlook stable as GWP climbs: Moody’s
(Re)insurers can expect "ongoing diversification" to lines such as agriculture and liability.
