Industry Segments: Legal/Regulatory Page 32 / 89
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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.
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- July 21 2020
HK’s financial regulators restate security bill commitment
Financial secretary Paul Chan urges regulators to clarify the law and reassure stakeholders.
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- July 20 2020
China’s worst floods in 30 years renews focus on risk
Greater public-private collaboration and advanced modelling is needed.
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- July 20 2020
China seizes insurers linked to billionaire Xiao Jianhua
The Chinese state takes control of several firms linked to Xiao after discovering irregularities.
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- July 20 2020
Chinese insurers record healthy H1 premium growth
Life and P&C players are experiencing a solid uptick in sales compared with 2019.
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- July 17 2020
Hong Kong passes bill to reduce insurers’ profit tax
The Insurance Authority says the changes will fortify the city's competitiveness.
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- July 17 2020
China to remove restrictions on insurers’ equity investments
Chinese insurers hold over US$3 trillion in assets.
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- July 17 2020
SG in “severe downturn”, but market remains resilient: MAS
The Authority's stress tests shows insurers remain resilient.
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- July 16 2020
AmGeneral’s Roberts on Malaysia’s prospects
An economic rebound and gradual liberalisation is expected for 2021.
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- July 16 2020
Korean insurers under heightened FSS scrutiny
Both non-life and life players have been targeted by the financial regulators.
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- July 15 2020
Securities class action and D&O ramping up worldwide: report
Australia's "thriving" litigation activity has led to a surge in D&O costs and demand.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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- July 13 2020
India to launch pandemic risk pool
The government also restarted talks to set-up a nat cat risk pool in June.
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- July 13 2020
Philippines charts insurtech age with inaugural sandbox
The Insurance Commission hails it as a "pioneering moment."
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- July 10 2020
Chinese motor reforms are “credit negative” for insurers: Moody’s
The regulator's sweeping changes could increase loss ratios from 60% to 75%.
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- July 9 2020
The third wave of microinsurance
Why insurers should focus on the microinsurance opportunity now.
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- July 9 2020
Indonesia to close Jiwasraya and “save policyholders”
The state says a new insurer will pay the troubled life player's over US$1bn of outstanding claims.
