UAE publicly-listed companies, including insurers, have begun reporting their exposure if any to NMC Health, the embattled healthcare operator, which is at risk of being placed into administration.
Concerns are growing that Korean life insurers would be besieged by the same problems as those encountered by their Japanese counterparts two decades ago that saw seven Japanese life insurers go bankrupt between 1997 and 2001.
The low interest rate environment in recent years has increased the capital buffers that insurers and takaful operators (ITOs) in Malaysia are required to hold against market risk exposures, says Bank Negara Malaysia (BNM) in its financial stability report for 2H2019 released last week.
Major life insurers in Taiwan have lowered their declared interest rates on local currency denominated policies to 2% and US-dollar policies to 3% on expectations of reduced returns on investment following interest rate cuts by the authorities in an already low interest-rate environment.
British life insurance giant Prudential and China's state-backed conglomerate CITIC Group have set up a joint venture asset management firm in Beijing, reported Reuters quoting the city's financial authorities.
Global sovereign long-term sukuk issuance will grow modestly this year, continuing the expansionary trend of the past few years, Moody's Investors Service says in a recent report.
South Korean insurers' reverse margin is estimated to hit an all-time high of more than KRW6tn ($4.9bn) as interest rates remain at close to zero.
In this commentary, Seema Shah, Chief Strategist, Principal Global Investors, takes a closer look at government and fiscal stimulus in response to COVID-19.
The CBIRC has released the long-awaited "Interim Measures for the Management of Insurance Asset Management Products" that will take effect on 1 May.
Life insurers and regulators have to think creatively of ways long-term money can ride out a crisis that by its nature will be relatively short-term, says Mr Brad W Setser, a senior fellow for international economics at the think tank Council on Foreign Relations.