...regulations in accordance with local conditions, and ensure a smooth transition.
The State Council also urged local governments to engage to publicity to make known the changes. The circula...Source : eCin | 23 Apr 2021
...The Australian Prudential Regulation Authority (APRA) yesterday released for consultation its draft guidance to insurers, banks and superannuation trustees on managing the financial risks of climate change....Source : eDaily | 23 Apr 2021
...regulations governing the sale of unit-linked products.
Customer complaints are mainly related to investment-linked insurance products, largely revolving around mis-selling, the decline in...Source : eDaily | 22 Apr 2021
...Both houses of Parliament of India - the Lok Sabha (lower house) and the Rajya Sabha (upper house) - have passed the Insurance Amendment Bill which includes a provision to increase the ceiling on foreign direct investment (FDI) in insurance companies to 74% from the current 49%....Source : eDaily | 20 Apr 2021
...A Bill seeking to introduce amendments to the insurance law and place the Insurance Commission (IC) under the supervision of the Bangko Sentral ng Pilipinas has been filed in the Senate....Source : eDaily | 20 Apr 2021
...regulations governing property and life insurance companies. There are also differences in the management of liability reserves between the two classes of insurance. Hence, the CBIRC feels the need t...Source : eCin | 16 Apr 2021
...regulations through policy loans, partial receipts, reduced sums assured and bundling of product sales, etc.
Also of interest to the CBIRC are questions such as whether the insurance instit...Source : eCin | 16 Apr 2021
...regulations require every insurer or intermediary to:
have a compliance officer, whose name and official position in the organisation shall be communicated to the Authority, a...Source : eDaily | 16 Apr 2021
...regulations for relevant financial institutions via the competent authorities of each jurisdiction.
Mr Al-Jaida said, “We are delighted to partner with Labuan IBFC and embark on colla...Source : eDaily | 16 Apr 2021
...The Ministry of Health (MOH) has appointed a 12-member Multilateral Healthcare Insurance Committee (MHIC) to provide a platform for healthcare providers, payers, consumer representatives and the government to jointly address issues related to health insurance....Source : eDaily | 15 Apr 2021