Industry Segments: Regulatory Page 35 / 92
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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.
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- July 9 2020
India’s insurers may power state start-up funds
National insurers (such as GIC and LIC) are seen as large reservoirs of untapped capital.
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- July 9 2020
Insurance Authority’s Cheung on HK’s regulatory path
The regulator wants to promote confidence in HK's market potential, and its cross-border tie-ups.
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- July 6 2020
HKFI reveals committee and taskforce members for 2020/2021
Many market heavyweights are onboard for the important positions.
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- July 3 2020
HK government unveils US$15.5m fintech scheme
The SAR is ramping up support for the sector through its Cyberport hub.
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- June 30 2020
Wirecard fraud could trigger claims in Asia
The D&O and trade credit markets are bracing for the impact of multiple failures at the giant fintech.
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- June 29 2020
Australia appoints next chair of GI governance committee
Former Australian Financial Security Authority exec to start on July 1.
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- June 29 2020
HK regulator’s big plans for Belt and Road Exchange
Reinsurance, captives and tax breaks for specialty risks are on the agenda.
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- June 24 2020
CBIRC extends capital benefits to HK reinsurance placement
The move extends mutual trust and benefits both Chinese insurers and HK reinsurers.
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- June 23 2020
Australian market calls out sharp D&O premium hikes: reports
Marsh has called the rise "unprecedented and unsustainable."
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- June 22 2020
HK Insurance Authority extends tenure of senior execs
Executive directors Hui and Lam sign for another three years, while two directors exit.
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- June 19 2020
CPIC eyes overseas deals after London listing
Potential US$2bn fundraise should help navigate strict Chinese capital rules for international buys.
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- June 17 2020
Former chair of China’s regulator handed 11-year jail sentence
Xiang Junbo had already admitted to bribery.
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- June 16 2020
HKIA extends Covid-19 measures; Gregoire takes on conduct role
'Virtual' sales to continue to minimise threat of Covid-19 while there is also help for CPD.
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- June 16 2020
Billions on the line as BI wording goes to trial
Test case could speed up the resolution of disputes for firms including Arch, MS Amlin, QBE and Zurich.
