Industry Segments: Legal/Regulatory Page 42 / 89
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- October 22 2018
Axa XL’s move to Ireland gains approval
Global insurance giant a step closer to passporting to Europe from Dublin post Brexit.
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- October 19 2018
Breaking down barriers
In Malaysia and India international players are asserting their right to compete on a level playing field — with mixed success.
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- October 18 2018
Insurers want IFRS 17 rules delayed
Companies across the world are looking for a delay to major new accounting rules.
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- October 18 2018
Malaysia rethinking foreign ownership cap
The central bank's regulatory u-turn could help bring back certainty to the market.
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- October 12 2018
Hong Kong to launch Belt and Road exchange
The Insurance Authority says the city is well placed to capture business from China's Belt and Road initiative.
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- October 11 2018
Hong Kong to improve policyholder protection
The financial secretary has said the city will continue to boost its insurance policyholder protection efforts.
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- October 8 2018
India’s regulator reviews supervisory framework
The Insurance Regulatory and Development Authority of India is to move in line with other regulators.
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- October 4 2018
India set to allow 100% foreign investment for broking
The move will give the sector the needed boost to make it more competitive.
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- September 26 2018
BNP Paribas Cardif likely to cut stake in SBI Life
The sale is intended to comply with India's minimum public shareholding requirement.
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- September 18 2018
Asian insurers’ new business value up in 2017
The embedded value of 31 major insurers grew 19.2% in 2017, a recent survey from Milliman shows.
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- September 3 2018
Prudential Guarantee and Marsh drop complaints in the Philippines
The two parties have resolved their dispute, claiming that it stemmed from an “innocent misunderstanding”.
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- August 31 2018
Hong Kong’s insurance handout
The government will offer tax incentives for the industry as it bids to establish the city as a regional hub.
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- August 31 2018
US, India insurance regulators ink cooperation deal
Officials in the two countries have agreed to work together on standards, training and regulation.
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- August 30 2018
Hong Kong eyes tax incentives for specific insurance products
The move is part of the city's efforts to become an international hub for risk management.
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- August 24 2018
Malaysia eases pressure on foreign insurers
The country’s new central bank governor has said she will adopt a more flexible approach to divestment.
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- August 21 2018
Malaysia loosens divestment rule for foreign insurers
The central bank has said the deadline for compliance will be decided on a bilateral basis.
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- August 20 2018
Korea’s financial regulator takes action against Samsung Life
The move follows a refusal to accept minimum returns guarantees for immediate payment annuities.
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- August 9 2018
China resumes inquiry into insurance officials
Close to 40 regulatory personnel have been under investigation since mid-July.
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- August 6 2018
Fubon Life fined for inadequate documentation
Poor record keeping of company business practices has resulted in fines of US$411,000 by the FSC.
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- August 1 2018
China gives preferential treatment to HK reinsurers
Qualified reinsurers in the city will benefit from a lower credit risk charge under C-ROSS.
