The recently designated 'domestic systematically important insurer', had its stand-alone credit profile upgraded following its reduced use of leverage.
The National Financial Regulatory Administration has introduced a comprehensive, six chapter, fifty article framework, which aims to enhance consumer protection.
AM Best expected Beneficial to experience moderate underwriting growth, thanks primarily to the expansion of its central pet insurance line of business.
The Australian and New Zealand Institute of Finance and Insurance (ANZIIF) has announced the welcomed Tez, CEO of Resolution Life Australasia, and Phillips, General Manager at AIA, to its board.
The Tasmanian government has abolished the Fire Services Levy (FSL) on business insurance policies, prompting further calls for the NSW to do the same.
Nearly 70% of Asian insurers plan to adapt their strategic asset allocation due to changes in risk-based capital regimes, according to a BlackRock report.
The six NGOs are the Red Cross Blood Transfusion Service, Junior Achievement, Hong Kong Federation of Youth Groups, Time Auction, KELY Support Group, and Tung Wah Group of Hospitals.
