Subject: Regulatory Page 33 / 92
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- October 6 2020
RBNZ recommences Insurance Act review
The long-planned review was postponed again this March due to pandemic interruptions.
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- October 5 2020
Australia BI test case nears completion and decision
The ICA notes a "swift determination" will provide "greater clarity" for insurers, regulators and customers.
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- September 30 2020
CBIRC heightens digital supervision
By 2022 80% of China's insurers should be online.
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- September 30 2020
First Korean life player given Myanmar green light
The firm is now in search of a local partner to set up a JV.
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- September 29 2020
India’s ‘too big to fail’ move leaves many questions
Enhanced supervision of GIC, LIC and New India doesn't address underlying risks.
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- September 29 2020
Future’s stakes in Indian JVs close to being sold: report
A sale would reduce the Indian conglomerate's debt burden.
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- September 29 2020
Hong Kong’s IA and SFC sign co-operation agreement
An MoU should lead to enhanced information sharing and less duplication of resources.
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- September 18 2020
Singapore’s GIA extends Covid-19 relief measures
Market players required to provide flexible premiums until the end of 2021.
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- September 18 2020
China’s P&C outlook stable as GWP climbs: Moody’s
(Re)insurers can expect "ongoing diversification" to lines such as agriculture and liability.
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- September 17 2020
Fitch says HK’s capital rules to boost capital management
The new framework will also give the Insurance Authority greater regulatory oversight.
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- September 17 2020
Integrating the Greater Bay Area digital ecosystem
Senior leaders at Deloitte, HSBC Life, Linklaters and MediConCen share their verdicts.
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- September 16 2020
Anbang’s upcoming liquidation marks end of an era
It will be the final chapter after a long saga full of twists and turns at the former Chinese giant.
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- September 14 2020
Japan Post to resume sales after costly mis-selling scandal
The regulatory issue delayed a potential US$10bn government fundraising.
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- September 8 2020
Hong Kong consults with market before new ILS rules
The SAR wants a bespoke regulatory framework.
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- September 4 2020
CBIRC steps up motor market reforms, supervision
Regulatory oversight is being strengthened.
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- September 3 2020
China Post Life eyes US$2.2bn stake sale as state pushes for market reform
Beijing-headquartered China Post Life, the life unit of state firm China Post Group, is looking to raise Rmb15 billion (US$2.2 billion) in a stake sale, notes multiple reports. China Post Life is vyin... To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription. Your company […]
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- August 25 2020
Korean co-insurance to boost capital strength: Fitch
The FSC has developed new regulations to help manage liabilities.
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- August 25 2020
CBIRC commits to opening up to foreign players
Market reform and supervision are on the agenda in China with Allianz and Chubb taking advantage.
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- August 20 2020
HK’s regulator launches consultation on capital requirements
The new rules will likely be implemented in early 2021.
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- August 17 2020
Does climate change in New Zealand mean premium rises?
Market players such as IAG are recognising the urgent need to act alongside the government.
