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ASIC Chair: ESG is here to stay and regulatory change is coming
June 5 2023
Joe Longo was speaking at the AFR ESG summit in Sydney and emphasised the importance of ESG for consumers, investors, companies and the planet.
IRDAI orders transfer of Sahara India Life's 200,000 policies to SBI Life
June 3 2023
This is the second time the Indian regulator has issued a business transfer order for SILIC. The first in 2017 was set aside by the Securities Appellate Tribunal.
China makes next move in goal to make Shanghai a go-to global reinsurance hub
June 2 2023
Deputy Director Zhang Zhongning revealed the NAFR are already finalising rules for a Shanghai reinsurance trading market.
IRDAI: Availability, Accessibility and Affordability key to Insurance for All 2047 strategy
May 27 2023
Chairman Debasish Panda outlined the Indian regulator's efforts to remove red tape and relax regulations in order to reach the 2047 objective.
Australia's Victorian Government to abolish business insurance duty
May 24 2023
Business insurance duty in VIC is currently 10% and will be lowered by 1 percentage point each year starting from July 1st 2024.
NFRA: China's insurance industry performed well in Q1, but tighter supervision required
May 23 2023
At its first conference, China's new insurance regulator reiterated the importance of solvency ratio to protect against systemic risk.
CBIRC bids farewell as National Financial Regulatory Administration inaugurated
May 18 2023
The newly established NFRA will oversee China's insurance and banking sectors, excluding securities.
Zurich Q1 results: APAC sees 18% Increase in GWP, 42% surge in PVNBP
May 18 2023
The group achieved strong performance in all regions, with APAC and LATAM the standout achievers.
IRDAI sets new guidelines to strengthen surety insurance market
May 17 2023
The Indian regulator has lowered the solvency requirements from 1.875 to 1.5 times the control level.
IRDAI emphasise compliance of coverage for surrogate mothers and egg donors
May 16 2023
Insurance companies, surrogates, and donors are subject to comply with India's Surrogacy and ART Acts.
Allianz's Q1 sees CR improve to 91.9% along with 24.2% in group operating profit
May 16 2023
P&C volume rose 11.2 percent to €24.1 billion, while L&H saw a volume drop of 2.6% to €20.1 billion.
Report: Korean P&C insurers' performance set to balloon under IFRS 17
May 15 2023
Korean insurers are poised to report improved earnings with P&C insurers enjoying a particularly significant increase.
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