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Regulatory
NRMA hit with penalty for CTP renewal breaches
January 25 2025
NSW Regulator says breaches showed systemic issues in internal controls and regulatory compliance.
Nimesh Jayanti Kanabar moves to Zurich Kotak as Chief Risk Officer
January 24 2025
He joins from Zuno General Insurance, where he was also CRO.
China leans on insurers to increase investments in China A share market
January 23 2025
China looks towards the insurance sector to support the domestic equity markets as the threat of a tariff war with the US looms.
2025 Regulatory Road Map: Japan insurers get ready for RBC
January 23 2025
After Japan goes live India, Vietnam, and Brunei will the only states in Asia Pac operating under a Solvency 1 regime
India insurance FDI rule changes hit parliamentary delay
January 22 2025
Delay is a timing issue and there shouldn’t be significant objections to changing foreign ownership rules.
South Korea to ease bancassurance 25% rule: Report
January 22 2025
Regulator is looking to improve consumer choice and boost market compeition.
Korea Development Bank gains approval to integrate KDB Life as subsidiary: Report
January 21 2025
Move expected to result in new sale attempt after years of divestment challenges.
Alllianz set to pay AU$170m in compensation after settling car add-on insurance class action
January 20 2025
ASIC has been criticising Australian insurer's car add-on insurance sales practices since 2016.
Valuation clarity to unlock Korean insurer M&A logjam
January 17 2025
Six Korean insurers are up for sale but a post-IFRS 17 boost to profits led to questions over firm’s valuations.
AIFT to enter Japan amid growing interest in digital asset insurance
January 16 2025
AIFT and its digital asset insurance arm, OneInfinity by OneDegree to expand amid increasing global interest and local regulatory focus.
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