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Higher equity investments could nick Chinese insurers' capital
The sector must manage their investments, analysts said.
Higher equity investments could nick Chinese insurers' capital
The sector must manage their investments, analysts said.
South Korea to expand employment insurance by 2025
It aims to protect gig workers not directly employed by companies.
China to hike insurers' equity investments to 45%
Currently, China caps all insurers' equity investments at 30% of their total assets.
Japan's life insurers keep focus on customers amidst pandemic
They will consider special measures for COVID-hit clients.
Hong Kong regulator urged to push insurers on ESG disclosure: report
The regulator has yet to require the sector to do so.
China's P&C sector profits endangered over auto insurance reform
Auto insurance premium rates are expected tof all over the next two years.
Japan's P&C insurers can manage losses from Kyushu floods: analysis
Large industrial zones were not affected, which would limit potential losses.
Indonesia mulls closing state life insurer Asuransi Jiwasraya
Policies will be restructured and then turned over to a new company.
One-third of New Zealand's SMEs mull insurance changes
One in five is looking to increase its cover.
Malaysia's insurance sector sees quick recovery until 2030
The sector dodges contraction with a measly 0.9% premium growth this year.
FWD acquires MetLife Hong Kong
The company will rebrand and rename MetLife in the next few months.
India urges insurers to offer COVID-specific health policies
A lump sum benefit equal to 100% of the sum insured shall be payable.
South Korean insurers faced financial decay in Q1
Risk-based capital ratio declined 2.4pp to 267.2% in March.
Lower claims cushion Australian P&C insurers from market volatility
Effective policymaking has also protected the segment from external shocks.
Taiwan's general insurance sector to contract 1.7%
The sector is plagued by export and motor business downfalls.
China's insurance regulator extends preferential treatment to Hong Kong
The China Risk Oriented Solvency System has been extended until 30 June 2021.
Philippines issues rules on insurtechs' adoption of regulatory sandbox
All entities must gain the approval from the regulator.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
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Jul
09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
Co-Written / Partner
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
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Firewalls are never enough