The Monetary Authority of Singapore (MAS) has designated AIA, Prudential Assurance, Income Insurance, and Great Eastern as domestically systemically important insurers (D-SIIs), subjecting them to higher...
The Insurance Regulatory and Development Authority of India has chosen 15 foreign-linked firms to lead the way in India's adoption of IFRS 17, as part of efforts to attract foreign investment.
The FSC has eased upcoming risk-based capital rules, giving respite to the struggling insurance sector already burdened by surging FX hedging costs, due to rising US interest rates.