Subject: Regulatory Page 62 / 92
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- May 24 2017
Chinese insurers urged to invest in infrastructure
The Chinese regulator says that such projects will be given easier access to insurance funds to boost economy.
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- May 24 2017
Malaysian liberalisation could raise penetration rate to 75%
The insurance and takaful penetration rate in the country has ranged between 54% and 56% over the last five years.
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- May 23 2017
DBS India inks two bancassurance deals
The new partnerships are with Tata AIA Life and Birla Sun Life, after its agreement with Aviva India Life.
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- May 22 2017
China to check sales activities of life insurers
The Chinese regulator said it would beef up oversight as part of its crackdown on irregularities in the industry.
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- May 19 2017
Foresea Life keeps afloat amid Beijing crackdown
Company states normal operations and stable cash flow.
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- May 18 2017
China cracks down on universal life policies
The move is expected to hurt many Chinese insurers that have relied on the practice to fund investments.
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- May 17 2017
China to inspect insurance branches for violations
CIRC is targeting the outlets of companies that have ranked poorly in terms of customer complaints.
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- May 16 2017
Insurance cooperation eyed along Belt and Road route
At least 20 countries along the route have entered into agreements with China Re, which is taking a lead.
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- May 16 2017
Irdai approves Gen Re R3 licence in India
The R3 licence covers underwriting and risk management expertise locally rather than cross-border.
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- May 15 2017
China’s tightening to benefit insurers in long run
Analysts are confident that stricter oversight from the regulator will result in better market discipline.
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- May 12 2017
China gets tough
And this time it’s serious. After the ouster of its chairman, CIRC has reaffirmed a stricter approach.
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- May 10 2017
Philippines raises investment limit for pre-need firms
According to the insurance commissioner, the investment threshold has been increased by 2% under the Pre-Need Code.
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- May 10 2017
CIRC tackles industry loopholes
China's insurance regulator wants to step up supervision of ownership structures and funding sources.
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- May 8 2017
Korea approves Mirae’s acquisition of PCA Life
After the acquisition Mirae will become the country’s fifth-largest life insurer based on asset size.
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- May 8 2017
Chinese insurers urged to contribute to real economy
The measures are aimed at creating a sound policy environment for the insurance industry to serve the real economy.
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- May 5 2017
Premiums in China up by a third
However, the pace of growth was lower than the 42% recorded for the same period in 2016.
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- May 5 2017
Two new life insurers enter Cambodia
Bangkok Life Assurance launched operations this week, while AIA is set to debut today.
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- May 4 2017
Insurers protected from local governments in the Philippines
Licensed insurance companies should not be hindered from doing business by local governments, says official.
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- May 2 2017
AIG completes sale of Fuji Life to FWD
The Japanese insurer will become a wholly owned subsidiary of FWD and will continue to operate under its current name.
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- May 2 2017
China insurers told to serve belt-and-road projects
In a guideline issued by CIRC, the industry is called on to expand its presence in the new Silk Road regions.
