Industry Segments: Regulatory Page 47 / 90
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- April 1 2018
Former Anbang chairman no longer contests charges
Wu Xiaohui appeared to change his stance and requested leniency in his closing statement.
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- March 29 2018
Three state-owned Indian insurers undergo merger review
National Insurance, United India Insurance and Oriental India Insurance will merger within the next six months.
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- March 29 2018
Anbang’s Wu Xiaohui goes on trial in China
The proceedings come a year after he was detained on accusations of fraudulently raising Rmb65bn.
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- March 27 2018
Malaysia to revise takaful framework
The new approach aims to create an environment that fosters innovation, according to the central bank.
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- March 27 2018
Foreign majors seek ownership rule review in Malaysia
AIA, Great Eastern, Prudential and Tokio Marine say they are struggling to find suitable local partners.
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- March 23 2018
Opaque ownership worries risk managers
Third parties in Asia can contain hidden risks that keep risk managers awake at night.
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- March 23 2018
Guo Shuqing named head of China’s merged regulator
The former banking regulator is set to take over the new combined banking and insurance watchdog.
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- March 20 2018
China’s two top insurers to report increased profits
Analysts are expecting Ping An and China Life to show double-digit profit increases.
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- March 19 2018
Japan to help develop Myanmar’s insurance sector
Prime minister Shinzo Abe made the commitment during the Myanmar-Japan Joint Economic Conference.
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- March 19 2018
Rescue plan for Indonesian life insurer collapses
Evergreen's planned rescue of the embattled Bumiputera has failed after disagreements over funds.
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- March 16 2018
Joined-up regulation
China’s banking and insurance regulators are merging as the country seeks to better control risks.
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- March 16 2018
Singapore’s LIA adopts new measures on incentives
The proposals cover sales targets, sign-on incentives and the monitoring of representatives.
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- March 16 2018
Philippine regulator shuts down five non-life firms
The companies failed to meet capital requirements set in the country's insurance code since 2016.
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- March 15 2018
Thailand life market to maintain growth
New bancassurance deals and a bigger pool of agents eligible to sell investment-linked insurance are drivers.
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- March 14 2018
China’s insurance and banking regulators to merge
The move is part of efforts to improve oversight of the financial system in the world’s second-largest economy.
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- March 14 2018
Philippines insurance premiums up 12% in 2017
The country's life insurance sector contributed more than three-quarters of total premiums.
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- March 13 2018
China’s premium income falls in January, says CIRC
Premiums dropped 19.9% in the first month of this year, compared to an increase of 18.2% in 2017
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- March 13 2018
Taiwanese life insurers warned against investment practices
Fixed-income assets reportedly constitute less than 20% of local life insurers’ total investments.
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- March 12 2018
Philippines eyes initiatives to boost insurance sector
The measures are aimed at encouraging microinsurance and increasing digitalisation of the industry.
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- March 9 2018
India awaits new regulator
The government is currently interviewing candidates vying to become its next regulatory chief.
