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Malaysia: Central bank starts review of RBC framework for insurance sector

Bank Negara Malaysia (BNM) has commenced a holistic review of the Risk-Based Capital Framework for Insurers and Takaful Operators (RBC/T) to ensure its continued effectiveness to respond to new and emerging risks, as well as to align...

AIR team | 27 Jan 2022

Regulation: IAIS unveils workplan for the next 2 years

The International Association of Insurance Supervisors (IAIS) yesterday published its 2022-2023 Roadmap outlining the projects and activities that form the IAIS' work programme over the next two years, guided by the IAIS's Strategic Plan 2020-2024.

AIR team | 19 Jan 2022

Australia: Reform makes it mandatory for claims personnel to be licensed wef 1 Jan

Since 1 January 2022, insurance claimants are entitled to ask whether those who are providing assistance to them in handling and settling claims are licensed. This is because from that date, persons providing claims handling and settling...

AIR team | 17 Jan 2022

Cambodia: Regulators promote bancassurance in drive to increase insurance penetration

The insurance regulator has urged insurers, banks, and other financial institutions to cooperate in bancassurance to drive growth in the insurance sector.

14 Jan 2022

Pakistan: SECP issues master list of applicable circulars, guidelines and directives as a guide

AIR team | 14 Jan 2022

Australia: Regulatory changes, COVID and cyber are among issues faced by insurers this year

AIR team | 13 Jan 2022

Thailand: Regulator outlines five challenges insurers face in 2022

AIR team | 10 Jan 2022

India: Surety insurance guidelines take effect from 1 April

AIR team | 06 Jan 2022

Past Articles

Malaysia: Labuan Financial Services Authority to focus on sustainability, relevancy and market certainty

17 Dec 2021

Australia: APRA moves closer to issuing capital framework aligned to AASB 17

16 Dec 2021

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