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...The Reserve Bank of New Zealand (RBNZ) yesterday published its Enforcement Guidelines and Investigation Guidelines, completing its enhanced Enforcement Framework....
...The CEOs of local insurance companies are urged to pay extra attention to risk management and market stability while refraining from over-expansion....
...In India, like large corporations and cooperatives, the government too can benefit from the use of insurance captives for public programmes like the Pradhan Mantri Fasal Bima Yojana (PMFBY) and Pradhan Mantri Jan Arogya Yojana (PMJAY), says Mr Ankur Nijhawan, CEO of AXA France Vie India Reinsurance Branch....
...regulations and rules are a means to an end, rather than an end in themselves. The real end is fair outcomes.”
Source : eDaily | 26 Jan 2023
...The Vietnamese government has formulated the Strategy for the Development of Vietnam's Insurance Market to 2030, with the goal of developing insurance entities with strong financial capacity, management capacity approaching international standards, efficient operations and the ability to compete actively in domestic and regional markets....
...regulations – more efforts on a global scale are necessary to improve implementation. Moreover, the regulations themselves cannot stop these species from being killed as ‘bycatch’.<...
...regulations. Source : eDaily | 25 Jan 2023
...Comparing insurers' IFRS 17 results will be difficult initially due to differences between companies' approaches under the accounting standard, Fitch Ratings says in a new report....
...The insurance regulator will continue to implement solutions to support the development of the insurance market in 2023 and beyond, according to Mr Ngo Viet Trung, director of the Insurance Management and Supervision Department of the Ministry of Finance....
...regulations such as zero illustration in May 2022 to display possible investment fluctuations in unit link products and product insurance costs of basic and additional insurance products in a transpa...