L&H

China approves BNP, Prudential Financial insurance units - report

October 21 2024

NFRA is looking to further open up the world's second-largest insurance market to foreign companies

Anthrax hoax disrupts several Hong Kong insurers — reports

October 18 2024

Envelope containing white powder and labelled ‘anthrax’ sent to several insurers in Hong Kong.

indian-regulators-extend-ifrs-17-start-date-to-2027

Indian regulator extends IFRS 17 start date to 2027

October 18 2024

IRDAI outlines new timeline for IND AS 117 implementation.

AXA rebrands China reinsurance business under brand banner

October 17 2024

The rebranding follows AXA's acquisition of XL Re earlier in 2024.

APRA warns on the risk from outsourced underwriting

October 17 2024

Australian regulators are introducing the Financial Accountability Regime (FAR) and CPS 230 in 2025.

Singapore makes swift Insurance Act amendment to provide government more authority over buyouts

October 17 2024

Amendment strengthens government oversight for acquisitions involving co-operative insurers and puts a formal stop to the Allianz-Income deal.

sampp-affirms-allianz-australias-rating-on-strong-capital-position

S&P affirms Allianz Australia’s rating on strong capital position

October 16 2024

S&P's revised criteria highlight Allianz Australia's risk diversification benefits and parental support.

indias-competition-commission-greenlights-the-central-bank-indias-future-generali-deal

India’s competition commission greenlights Central Bank of India’s Future Generali deal

October 16 2024

Competition Commission of India approves bid for 24.91% and 25.18% stakes in Future Generali's insurance units as part of insolvency resolution process.

allianz-says-it-will-work-closely-to-consider-revisions-to-proposed-allianz-income-deal

Allianz says it will work closely with stakeholders to consider revisions to Income acquisition

October 16 2024

People close to the situation reportedly described the Government's decision to halt the deal as a “total shock.”

Hong Kong insurers’ solvency ratios halve under RBC

October 15 2024

The addition of several additional risk management metrics has significantly reduced Hong Kong insurers capital levels under the new regime.

Singapore will amend Insurance Act following rejection of Income-Allianz merger

October 15 2024

Amendment will create legal basis for input from minister overseeing co-operatives on deals involving co-op-related insurers.

Thai central bank open data project includes insurance sector

October 14 2024

Thailand's 'Your Data' project, led by the Bank of Thailand, aims to enable secure digital data sharing in finance across financial firms.

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