More than 50 regulations will be relaxed within two years, as part of a government plan transform Taiwan into Asia's asset management centre, according to the chairman of the Financial Supervisory Commission (FSC), Mr Peng Jin-long.
The establishment of two new insurance entities with globally-known foreign investors have been approved by the National Financial Regulatory Administration (NFRA).
Two major insurance companies in Taiwan are eyeing investments in the renewable energy sector.
The Commission for the Organisation and Supervision of Stock Market Operations (Cosob), which monitors the securities market in Algeria, has proposed to public authorities to explore the possibility of insurance companies serving as intermediaries in the stock market.
Chinese P&C insurers are increasing government bond allocations and reducing capital requirements for credit risks, says Mr Frank Yuen, VP senior credit officer at Moody's Ratings.
Insurance giant Ping An has established a CNY10bn ($1.4bn) fund with Shenzhen Guidance Fund, a venture capital fund controlled by the Shenzhen government.
Asia Pacific insurers are reducing their exposure to equity or credit risks, while increasing capital allocations to diversified business growth, says Mr Frank Yuen, VP senior credit officer at Moody's Ratings.
The People's Bank of China (PBOC), the country's central bank, announced yesterday that it would start accepting applications from non-bank financial institutions to join a newly created funding scheme, to boost the stock market.
China International Capital Corporation (CICC), a partially state-owned multinational investment management and financial services company, has recommended stock investors be cautious in chasing listed stocks, including those of domestic insurers.
HSBC has appointed Mr William Chan as global CIO and head of investments for global insurance.