The CBIRC has issued its revised health insurance regulation that for the first time provides for health management services.
The CBIRC has removed administrative sanctions against ChangAn Property & Liability Insurance after the company injected funds to improve its solvency position. The move allows the company to resume normal business.
Global insurer Allianz has received approval from the CBIRC to commence operation of China's first fully foreign-owned insurance holding company. With this, Allianz will strengthen its proposition in the country and position the business to capitalise on the fastest growing economy in the world, the insurer said in a statement released yesterday.
Health insurance pricing is a process of discovery for insurers following the standardisation of exclusions that took effect on 1 October, according to Future Generali India Insurance's managing director and CEO, Mr Anup Rau.
China Life Insurance (Group) Co has announced that it had received a notice from its controlling shareholder, the Ministry of Finance, directing that a stake of 10% in China Life be transferred to the National Council for Social Security Fund (NCSSF).
The Cooperative Health Insurance Council (CHIC) has directed accredited health service providers in the kingdom to make monthly submissions of basic medical data of insured patients, with effect from January 2020.
The Hong Kong Insurance Authority (IA) will host its second Asian Insurance Forum (AIF) in the territory on 10 December 2019 with the theme "Connectivity and Innovation - The Key to Competitiveness and Inclusiveness".
The National Insurance Commission (NAICOM) has approved the recapitalisation plans of 44 out of the 54 insurance companies in Nigeria.
Many of Zimbabwe's insurers do not have software to analyse risks associated with their business, a survey conducted by African Actuarial Consultants has revealed.
China will lift all restrictions on the business scope of foreign banks, securities companies, fund managers and other financial institutions operating in the country under new guidelines on foreign capital issued by the State Council last week.