Industry Segments: Regulators Page 6 / 6
-
- March 13 2025
Korean regulator to relax insurers’ capital adequacy requirement to 130-140%: report
The move will help lower financial burden for insurers, apart from raising their capital base.
-
- March 12 2025
Philippines extends PFRS 17 deadline until January 2027
Last year, the Insurance Commission mandated adoption of a new accounting standard - which aligns with the International Financial Reporting Standard 17 (IFRS 17) - by January 1, 2025.
-
- March 10 2025
Search begins for new IRDAI chief: report
Debasish Panda’s three-year term as chairperson is due to end on March 13, 2025, although applications are being accepted until April 6.
-
- March 4 2025
Japan’s FSA to investigate life carriers’ reinsurance deals with global funds: report
Regulator is concerned about the concentration of reinsurers operating in Bermuda as the trend gains momentum ahead of a new solvency regime being introduced on April 1.
-
- February 28 2025
Australia motor body ‘strongly opposes’, calls for watchdog to reject IAG-RACQ, Allianz-RAAI deals
Australian Competition and Consumer Commission (ACCC) had initiated an investigation into the deals in February.
-
- February 26 2025
‘A big idea to confront a big problem’: Insurance Council of Australia calls for US$19bn flood defence fund
Fund is the centrepiece of the ICA's Advancing Australia’s Resilience policy document, which provides recommendations for the next federal government.
-
- February 20 2025
India’s insurance regulator forms committee to review proposed reforms: reports
Committee, which has already held its first meeting, is being led by former State Bank of India chairman Dinesh Khara.
-
- February 14 2025
9 Indian insurers submit IPO plans to IRDAI: report
HDFC Ergo and SBI General have submitted their initial public offering (IPO) plans to the regulatory authority, according to a report in The Economic Times.
