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...In the wake of recent announcements by the central banks of several countries about raising interest rates, the Financial Supervisory Commission (FSC) has said that it will continue to pay attention to the changes in interest rates in the second half of this year, and monitor the financial operations of life insurers at the individual company level....
...regulations, Islamic insurers in South Africa are still governed by the Insurance Act, as well as the supporting regulations set out by the Prudential Authority. The section of the KPMG rep...
...Bank Negara Malaysia (BNM) expects financial institutions (FIs) to understand how climate-related risk drivers can impact their risk exposures - including credit, market and insurance risks from their lending, underwriting and investment activities, according to Ms Jessica Chew, deputy governor of Malaysia's central bank....
...regulations here just to be very clear. We are trying to get people to be more aware. We just want to encourage more people to have the right mindset,” he said. Manulife Singapore chi...
...To equip itself to deal with the complexities of merger and acquisitions, the IRDAI is seeking consultants who can undertake the valuation of state-owned and private-sector insurers, and train its officials about valuation methodology and processes, as mergers and acquisitions will continue in the insurance sector....
...regulations are set out to avoid the situation of "being the judge in one’s own case" in the settlement of insurance contracts. The new insurance law was passed by the Natio...
...The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) yesterday signed a FinTech Co-operation Agreement (CA) to facilitate regulatory collaboration and partnership in FinTech....
...The Federal Government has tabled draft legislation in Parliament to establish the Compensation Scheme of Last Resort (CSLR)....
...regulations." McKinsey has outlined green insurance market opportunities as follows: from 2020 to 2030, four core sectors — green transportation, green energy, green buildings as...
...regulations recently for accident insurance to contain abnormally high commissions, bundled sales, and fraud.