Australian Prudential Regulation Authority
APRA requires insurers to identify critical services under new CPS 230 rule
APRA requires insurers to identify critical services under new CPS 230 rule
It also mandates enhanced oversight of third-party service providers.
Australia life insurance industry turns profitable in 2021
Return on net assets increased by 3% for 2021, up from -6% in 2020.
APRA proposes reforms to strengthen private health insurance
One of the proposals is to increase minimum capital requirements.
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1. India insurance market sees moderating premium growth: Report 2. Remote job demand in Singapore insurance rises 15.3% 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work