The regulator said it had imposed conditions on the licence renewals of two broker companies in early June after identifying weaknesses in their controls.
MSIG Asia has appointed Ronak Shah as regional chief executive officer, effective 1 Oct 2026, the insurer announced on Tuesday.
He succeeds Clemens Philippi, who became co-chief strategy officer of MS&AD...
China's insurers are processing thousands of claims following Typhoon Bavi's landfalls in Zhejiang, with Ping An, PICC and China Pacific reporting early losses and payouts.