Subject: Regulatory Page 40 / 94
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- December 23 2019
The year in review: 12 market highlights
InsuranceAsia News reflects on some key moments in a busy year across the region.
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- December 20 2019
Japan Post CEO may resign after sales scandals
Masatsugu Nagato is weighing resignation as the firm could soon be ordered to halt certain operations.
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- December 18 2019
Compliance costs surge at Australia’s P&C majors
This year's Royal Commission report and risk governance are top of the agenda.
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- December 18 2019
Collapsed CBL racks up additional charges
New Zealand's Fraud Office and Financial Markets Authority accuse the firm of serious wrongdoing.
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- December 18 2019
Japan Post ordered to halt several operations: report
The giant, accused of mis-selling, will be stripped off its ability to run in certain areas by the FSA.
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- December 16 2019
How will the CIB adapt to the new regulatory era?
Patrick Chan, the new chairman of the Hong Kong broker association, shares his vision.
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- December 16 2019
MAS joins Singapore conduct committee
A steering group, including the largest associations, has been established in Singapore.
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- December 11 2019
China to allow 100% foreign life ownership in January
The country's regulator announced the decision earlier this week.
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- December 9 2019
China approves 51% stakes in life JVs
The announcement speeds up the opening of the market.
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- December 4 2019
Hong Kong’s market robust in first nine months
Insurers in the Special Administrative Region saw a 883% upward profit swing for P&C business.
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- November 25 2019
MS Amlin hit won’t dampen MS&AD’s overseas growth
A reorganisation of its international arm is aiming to streamline decision making.
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- November 25 2019
ANZ and Westpac are latest bank majors to be hit with CCI lawsuits
Class action suits follow NAB’s settlement of US$33.7m over junk insurance policies.
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- November 15 2019
Bitter-sweet year for HK’s IA
Hong Kong’s independent regulator has had a bumpy ride.
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- November 12 2019
Tower’s CEO says New Zealanders’ don’t trust carriers
New Zealand's Reserve Bank to conduct a review of the Insurance Act next year.
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- November 11 2019
Lloyd’s to merge Council and Franchise Board
The move to simplify the governing structure will happen next June.
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- November 6 2019
Chinese authorities in Anbang sale talks: report
The troubled insurer is understood to be in discussions with several potential investors.
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- November 6 2019
Hong Kong’s CIB updates role during IA transition
The broker body is drafting a new memorandum and articles of association.
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- October 23 2019
Bracing for the IFRS 17 marathon
Rising costs, reinsurance contracts and calls for a further delay, are just some of the complications.
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- October 23 2019
Prudential and M&G complete demerger
Prudential will now focus on an Asia-led portfolio of business.
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- October 23 2019
Slater and Gordon settles Watchstone claim
The long protracted legal dispute finished before the trial.
