insurance
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
Singapore's MAS reprimands AIA FA, Prudential, Aviva FA & CEO for breach of rules
They failed to properly monitor individuals onboarded as advisors, directors.
Singapore life insurers to lower caps on policy illustrations
The upper illustration rate will be capped at 4.25% p.a. and the lower rate at 3% p.a.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. PNB MetLife launches dividend fund linked to insurance 5. Taiwan life insurers face rising risk in $32b FX mismatchResource Center
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Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.