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Retained earnings, foundation funds buoy Nippon Life's capital
But its capital position is vulnerable to a slump in the Japan stock market.
Retained earnings, foundation funds buoy Nippon Life's capital
But its capital position is vulnerable to a slump in the Japan stock market.
Philippine senator seeks to include HMOs in insurance code
He also wants the Insurance Commission to be placed under the central bank.
Fraught capital markets put Chinese life insurers on edge
Credit exposure has become more vulnerable to rising defaults.
Philippine non-life insurers must apply new catastrophe rates by April 2022
The cession of facility rates will be based on a maximum limit per risk.
Good underwriting, investments boost Taiwan's Shinkong Insurance in 2020
Its capital and surplus have grown 43% over the past five years.
Indian general insurers wary of growth outlook
The sector is still plagued by negative consumer sentiment, and there are concerns for the 2022 financial year.
Indian regulator issues rules on insurance ads
Insurers are required to file a copy of an ad within seven days of release.
Generali eyeing AXA's Malaysian assets
It could make Generali the second biggest P&C insurer in the country.
Singapore health ministry forms health insurance body
It will address issues related to the country's health insurance sector.
Malaysia's life insurance will expand to a $15.68b industry by 2025
Demand will be supported by the recent government measures announced.
Paperless life insurance policies in Taiwan in two years: report
Life insurance policies in Taiwan will eventually become paperless, the country’s Central News Agency has reported.
Indian non-life GWPs jump 5.2% in FY2021
General insurers' premiums grew to $22.6b.
Indian insurers can now invest in fund of funds
But they can not invest into policyholder funds outside India.
Effect of low rates on APAC insurers yet to be seen: report
High reserves and lower investment returns will subdue profitability.
Indonesia's Tugure eyeing overseas expansion
The move will play a role in its vision to become a regional insurer by 2024, it said.
India drafts rules for insurers offering trade credit insurance
A policy can grant an indemnity of up to 60% of trade receivables.
Vietnam to launch national insurance database in June
It will cover social, health and unemployment insurance.
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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]()
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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. OCBC courts Great Eastern with S$1.4b offer 4. Italian insurance-financial firm opens office in Singapore 5. Singlife introduces first market insurance for dementia careAwards
Jul
09
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Firewalls are never enough