John Lee also used his annual policy address to announce plans to conduct a sector wide insurance review that would look at capital requirements for infrastructure investments.
Competition Commission of India approves bid for 24.91% and 25.18% stakes in Future Generali's insurance units as part of insolvency resolution process.
P&C insurers in three major North Asian markets of China, Japan, and Taiwan hold almost three times the amount of regulatory capital for asset risk than US carriers.
Australian Consumers Insurance Lobby raised concerns over gaps in the General Insurance Code of Practice regarding expert report standards in claims processes.
