The proposal would mark India's third FDI liberalisation in a decade, potentially reshaping insurer joint ventures and aligning with the government's “Insurance for All by 2047” goal.
The HKIA Sustainable Indicator field offers insurers an independent classification of green bonds that meet new eligibility standards under Hong Kong’s RBC Regime.
Fitch affirmed ABCI's ratings, but noted the Hong Kong-based insurer remains heavily dependent on reinsurance and parental backing, despite recent gains.
Regulator has kept KWI Life under close watch due to concerns about its financial stability, but notes the insurer has made progress by raising its capital.
