Industry Segments: Legal/Regulatory Page 38 / 89
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- August 5 2019
New Zealand’s regulatory chief warns market
The head of New Zealand's Financial Market Authority expected more urgency to change cultures.
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- August 5 2019
India incentivises reinsurers to set-up at finance hub
The Gandhinagar International Financial Services Centre is a key part of India's strategy to expand globally.
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- August 1 2019
Hong Kong regulator releases broker education criteria
Minimum requirements have been stepped up while CPD hours will increase from from August 2021.
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- August 1 2019
Japan Post’s scandal escalates as president apologises
Masatsugu Nagato, president of Japan Post Holdings, said the firm had betrayed its customers.
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- July 31 2019
ICA disappointed by Northern Australia Insurance Inquiry
Competition inquiry into northern Australia ignores fundamental issues claims the Insurance Council of Australia.
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- July 24 2019
India’s regulator flags health of National Insurance
The company's solvency ratio is below requirements says the Insurance Regulatory and Development Authority.
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- July 24 2019
Japan Post share float in doubt after mis-selling investigation
A mis-selling scandal has seen the shares decline and created uncertainty.
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- July 22 2019
Capital injection buoys Philippines’ Metropolitan
The P&C insurer to be taken out of conservatorship by the the Philippines' Insurance Commission.
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- July 22 2019
QBE reveals US$60m UK hit
The change to personal injury discount rate has hit insurers again in the UK.
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- July 18 2019
APRA to create insurance division after scathing review
The decision by the Australian Prudential Regulation Authority follows a capability review
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- July 17 2019
Prudential Singapore’s suit against agent reaches court
The case against former agent Peter Tan Shou Yi is expected to last 65 days at the High Court.
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- July 16 2019
AMP’s life sale to Resolution is “highly unlikely”
Regulatory concerns in New Zealand have been cited by the potential buyer.
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- July 15 2019
India FDI stake rise in pipeline
Indian management control could reassure firms if foreign investment cap goes above 50%.
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- July 15 2019
Chinese start Anbang transfer to new firm
There is greater clarity over the role of a new holding company called Dajia.
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- July 8 2019
India to allow 100% foreign ownership of brokers
The market is set to open up even further under government proposals.
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- July 5 2019
Couple convicted of defrauding Dual in Australia
The judge found the couple defrauded MGA Dual out of around US$12m.
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- July 4 2019
Regulator under fire over CBL collapse
Not enough was done for years to investigate CBL's finances a report has found.
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- July 4 2019
Plans to offer more shares in New India and GIC Re
Share sales should help bring the two firms in line with Securities and Exchange Board of India rules.
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- July 2 2019
Anbang’s future name?
Creation of new company could prove beneficial as China brings forward 100% foreign ownership rule change for life insurers.
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- July 1 2019
Korean capital rule is on schedule
Grace period will help South Korea's insurers meet more capital requirements.
