...regulations are being introduced into the low-altitude economic space. China’s...
Source : eCin | 26 Apr 2024...regulations; strengthen the supervision and evaluation of green insurance operations; incorporate the results into solvency supervision, off-site supervision, and other...
Source : eCin | 26 Apr 2024...Multiple layers of taxation in Pakistan are affecting the affordability of insurance and exacerbating existing inequalities by placing a disproportionate burden on those who can least afford insurance, says the Securities and Exchange Commission of Pakistan (SECP)....
Source : eDaily | 26 Apr 2024...Regulations need to be drafted to cover the issue of equivalent parts in compulsory motor third-party liability insurance (also known as traffic insurance), according to Mr Davut Mentes, the president of the Insurance and Private Pension Regulation and Supervision Agency (SEDDK)....
Source : MiddleEast | 25 Apr 2024...The adoption of international reporting standards and the modernisation of Pakistan's insurance industry will remain critical priorities for the Securities and Exchange Commission of Pakistan (SECP), said the Commissioner of Insurance, Aamir Khan....
Source : eDaily | 25 Apr 2024...regulations....
Source : ARM | 24 Apr 2024...regulations and the extent to which climate risks are priced into their market valuations.
The research also exposes a costly divide – companies that proactively manage climate risks...
Source : ARM | 24 Apr 2024...regulations. However, 77% do not include ‘responsible supply chains’ within their ESG programmes.
S-RM director and head of ESG Natalie Stafford said, “The widespread lack...
Source : ARM | 24 Apr 2024...The Office of the Insurance Commission (OIC) has developed a database on insurance fraud or wrongdoing by agents and brokers....
Source : eDaily | 24 Apr 2024...regulations and strong competition,” Mr Mujkic said....
Source : MiddleEast | 22 Apr 2024...The independent panel reviewing the 2020 General Insurance Code of Practice (Code) has released the first of two consultation papers and is calling for written submissions from the public....
Source : eDaily | 22 Apr 2024...Insurers and banks should step up medium- and long-term financial support to the manufacturing industry to make the industry more efficient, innovative and sustainable, according to a joint statement released by several government agencies....
Source : eDaily | 19 Apr 2024...The government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, according to building and construction minister Chris Penk....
Source : eDaily | 19 Apr 2024...All insurance companies licensed to sell life insurance products in the Philippines are now required to establish and maintain a publicly available register of Licensed lnsurance Agents, says the Insurance Commission (IC) in a circular to life insurers....
Source : eDaily | 19 Apr 2024...regulations," he said....
Source : eDaily | 19 Apr 2024...India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST....
Source : eDaily | 18 Apr 2024...regulations. However, 77% do not include ‘responsible supply chains’ within their ESG programmes.
S-RM director and head of ESG Natalie Stafford said, “The widespread lack...
Source : ARM | 17 Apr 2024...regulations on information disclosure,” the ISA said.
The law also “improved and reduced administrative procedures and created initiative for business...
Source : AIRPlus | 17 Apr 2024...Dr Peng Jin-lung, a professor in the Department of Risk Management and Insurance, at National Chengchi University, has been appointed the next chairman of the Financial Supervisory Commission (FSC)....
Source : eDaily | 17 Apr 2024...The IRDAI has announced its decision to allow general insurers to change the wordings in all corporate insurance policy documents, except motor third party. The move is expected to lead to a sea change in the way insurance policies are issued, insurance officials say....
Source : eDaily | 17 Apr 2024...regulations; how insurance is conducted and how insurance professionals approach the discipline is peculiar to each country,” said Mr Mthabela. These in-country differences require reinsurance...
Source : Africa | 16 Apr 2024...regulations in the future, it will become more difficult for non-life insurance companies to grow organically and to invest in people and technology systems. Therefore, it is believed that there will...
Source : eDaily | 16 Apr 2024...Regulations, 2024.
The revised MP also explicitly includes time covered under previous insurers when policy...
Source : eDaily | 16 Apr 2024...The standardisation of natural hazard definitions will be unlikely to achieve premium
reductions in isolation, says the Insurance Council of Australia (ICA)....
Source : eDaily | 12 Apr 2024...regulations....
Source : eDaily | 12 Apr 2024...The Financial Services Authority (OJK) has said that there are now seven insurance companies that are under special supervision. This number has fallen from 11 at the start of February 2023....
Source : eDaily | 10 Apr 2024...regulations that are long overdue because people who invest want to see the real impact on financial statements.”...
Source : MiddleEast | 08 Apr 2024...The Australian Prudential Regulation Authority (APRA) says that it will shortly commence a voluntary survey of its regulated entities, including insurers and superannuation funds, asking them to self-assess the maturity of their current practices against its guidance on managing the financial risks of climate change....
Source : eDaily | 08 Apr 2024...regulations have triggered adverse rating actions for at least four insurers in the UAE including two consecutive downgrades...
Source : MiddleEast | 07 Apr 2024...regulations. For example, since 1 October 2023, the authorities have imposed fines on motorists who fail to acquire compulsory motor third-party liability insurance....
Source : MiddleEast | 04 Apr 2024...regulations and compliance standards, aligning security policies accordingly to ensure continual compliance and resilience."
AI-driven fraud attacks create a huge threat for both busin...
Source : ARM | 03 Apr 2024...regulations, set to be unveiled later this month, will see private insurers giving up the underwriting of third-party motor vehicle insurance, which is compulsory under the Road Traffic Act, reported...
Source : Africa | 02 Apr 2024...regulations. Non-life insurers also offer the Ministry of Agriculture and Livestock Development crop and cattle programme products, which are subsidised by the government. Premium subsidy amounts hav...
Source : eDaily | 02 Apr 2024...regulations....
Source : Africa | 01 Apr 2024...regulations....
Source : eDaily | 01 Apr 2024...The government has introduced the first tranche of legislation in Parliament to deliver a comprehensive package of reforms to ensure Australians have access to quality and affordable financial advice....
Source : eDaily | 29 Mar 2024...regulations.
The life insurers’ economic capital should also benefit from higher yields, since the value of liabilities will decline by more than the value of assets, given the d...
Source : eDaily | 29 Mar 2024...In 2023, the Monetary Authority of Singapore (MAS) named four 'domestic systemically important insurers' - AIA Singapore, Income Insurance, Prudential Assurance and Great Eastern Life Assurance....
Source : AIRPlus | 28 Mar 2024...The IRDAI has announced its finalised set of rules on surrender value that stipulates that from 1 April 2024, the surrender value is expected to remain the same or even lower if policies are surrendered up to a period of within three years....
Source : eDaily | 27 Mar 2024...regulations that allowed insurance firms to include liability reserves as part of their earnings....
Source : eDaily | 27 Mar 2024...regulations....
Source : Africa | 25 Mar 2024...regulations....
Source : Africa | 25 Mar 2024...The Financial Intelligence Processing Unit (CTRF) of the Ministry of Finance has contacted financial institutions, including insurance companies and banks, about complying with regulations covering anti-money laundering and countering the financing of terrorism (AML/CFT)....
Source : MiddleEast | 25 Mar 2024...Regulations 2009, to enable insurers to provide online nomination of insurance beneficiaries from 2 January 2024.3...
Source : eDaily | 25 Mar 2024...regulations are applied sensibly. I’m working on changes to streamline the regulatory landscape, making it easier for businesses to navigate....
Source : eDaily | 25 Mar 2024...regulations which replace 34 regulations and the introduction of two new regulations. The eight are:...
Source : eDaily | 25 Mar 2024...regulations and adapt to do business in Vietnam while ensuring compliance with new laws,” Mr Hai and Mr Trung said.
In light of concerns raised by customers...
Source : AIRPlus | 25 Mar 2024...regulations such as lower interest-rate ceilings on life products, 2) reining in excesses in banc...
Source : eCin | 22 Mar 2024...The National Financial Regulatory Administration (NFRA) has issued a set of regulations titled "Measures for the Supervision and Rating of Life Insurance Companies", for grading the risk level of life insurers based on several dimensions and scores of indicators....
Source : eCin | 22 Mar 2024...The Office of the Insurance Commission (OIC) plans to hold meetings with top insurance executives at least three times a year or once every four months to follow up on industry issues, according to the regulatory agency's secretary-general, Mr Chuchat Pramunphon....
Source : eDaily | 21 Mar 2024