Chinese insurance companies are favouring equities listed in Hong Kong over those traded on mainland bourses this year, drawn by higher dividend yields, even when the shares are of the same company but with dual listings in Hong Kong and the mainland.
The National Financial Regulatory Administration (NFRA) has issued the "Interim Measures for Insurance Asset Risk Classification" to update rules for the risk classification of fixed-income, equity, and real estate assets of the insurance sector.
Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds, to broaden investment opportunities available to them and to help them manage long-term risks, reported Bloomberg quoting people familiar with the matter.
The Australian government has announced a package of reforms in response to the feedback received from the "Superannuation in Retirement" consultation, to ensure the superannuation system will better support Australians' needs.
Nippon Life Insurance Co has said that it will raise its promised yields on some retail insurance products with regular premium payments for the first time in about 40 years.
Ortec Finance has appointed Mr Koen de Reus as head of client servicing, climate and ESG solutions.
Nan Shan Life Insurance's gradual shift from traditional savings-type products and single-premium policies to long-term regularly paid policies and protection products contributed to the growth in the value of the new business margin over the past five years, says Fitch Ratings.
The Insurance Commission (IC) has updated guidelines for investments in infrastructure projects under the Philippine Development Plan (PDP).
Investment advisors should be introduced in the individual pension system, according to several participants at a recent national pension development forum.
The Financial Supervisory Commission (FSC) has proposed relaxing restrictions on discretionary investment arrangements by insurance companies to invest in interested parties.