...The government has introduced the first tranche of legislation in Parliament to deliver a comprehensive package of reforms to ensure Australians have access to quality and affordable financial advice....
Source : eDaily | 29 Mar 2024...regulations.
The life insurers’ economic capital should also benefit from higher yields, since the value of liabilities will decline by more than the value of assets, given the d...
Source : eDaily | 29 Mar 2024...In 2023, the Monetary Authority of Singapore (MAS) named four 'domestic systemically important insurers' - AIA Singapore, Income Insurance, Prudential Assurance and Great Eastern Life Assurance....
Source : AIRPlus | 28 Mar 2024...The IRDAI has announced its finalised set of rules on surrender value that stipulates that from 1 April 2024, the surrender value is expected to remain the same or even lower if policies are surrendered up to a period of within three years....
Source : eDaily | 27 Mar 2024...regulations that allowed insurance firms to include liability reserves as part of their earnings....
Source : eDaily | 27 Mar 2024...regulations....
Source : Africa | 25 Mar 2024...regulations....
Source : Africa | 25 Mar 2024...The Financial Intelligence Processing Unit (CTRF) of the Ministry of Finance has contacted financial institutions, including insurance companies and banks, about complying with regulations covering anti-money laundering and countering the financing of terrorism (AML/CFT)....
Source : MiddleEast | 25 Mar 2024...Regulations 2009, to enable insurers to provide online nomination of insurance beneficiaries from 2 January 2024.3...
Source : eDaily | 25 Mar 2024...regulations are applied sensibly. I’m working on changes to streamline the regulatory landscape, making it easier for businesses to navigate....
Source : eDaily | 25 Mar 2024...regulations which replace 34 regulations and the introduction of two new regulations. The eight are:...
Source : eDaily | 25 Mar 2024...regulations and adapt to do business in Vietnam while ensuring compliance with new laws,” Mr Hai and Mr Trung said.
In light of concerns raised by customers...
Source : AIRPlus | 25 Mar 2024...regulations such as lower interest-rate ceilings on life products, 2) reining in excesses in banc...
Source : eCin | 22 Mar 2024...The National Financial Regulatory Administration (NFRA) has issued a set of regulations titled "Measures for the Supervision and Rating of Life Insurance Companies", for grading the risk level of life insurers based on several dimensions and scores of indicators....
Source : eCin | 22 Mar 2024...The Office of the Insurance Commission (OIC) plans to hold meetings with top insurance executives at least three times a year or once every four months to follow up on industry issues, according to the regulatory agency's secretary-general, Mr Chuchat Pramunphon....
Source : eDaily | 21 Mar 2024...The Commerce Ministry is reportedly under pressure to open up the insurance sector to international investment and to divest insurance companies....
Source : eDaily | 21 Mar 2024...regulations need to be amended to allow them to reach the grassroots directly. In addition, training will have to be provided to banking agents....
Source : Africa | 19 Mar 2024...The Philippine Insurance Commission (IC) has issued a circular, mandating insurance and reinsurance companies to adopt Philippine Financial Reporting Standard 17 (PFRS17) on insurance contracts, which is aligned with IFRS17....
Source : eDaily | 19 Mar 2024...The future of the insurance industry hinges on its response to several tough questions, according to APRA executive director of insurance Sean Carmody....
Source : eDaily | 19 Mar 2024...regulations, infrastructure, and market data, which hinder the development and accessibility of insurance products in rural areas....
Source : eDaily | 18 Mar 2024...regulations to allow online nomination of beneficiaries by policyholders. Some insurers have embraced this, with web portals enhanced to allow secure online attestation and online witnessing to be co...
Source : eDaily | 18 Mar 2024...regulations which hinder the digital distribution of...
Source : eDaily | 15 Mar 2024...A change in Vietnam law pertaining to the distribution and purchase of insurance products through the bancassurance channel is expected to constrain sales growth over the near term, more so for the life sector than for non-life business, according to a new AM Best report....
Source : eDaily | 14 Mar 2024...The government will introduce a financial sector regulatory initiatives grid to ensure that regulation is carried out in a more coordinated way, Treasurer Jim Chalmers and Financial Services Minister Stephen Jones have said in a joint statement....
Source : eDaily | 14 Mar 2024...regulations governing digital insurance operations which were approved in the last quarter of 2023,...
Source : MiddleEast | 13 Mar 2024...The government will introduce a financial sector regulatory initiatives grid to ensure that regulation is carried out in a more coordinated way, Treasurer Jim Chalmers and Financial Services Minister Stephen Jones have said in a joint statement....
Source : eDaily | 13 Mar 2024...Sanadak, the Ombudsman Unit catering to customers of financial institutions and licensed insurers, has started operations, in line with the UAE leadership's directive to enhance government services, and in accordance with the regulations set by the Central Bank of the UAE....
Source : MiddleEast | 12 Mar 2024...The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released final rules and further guidance to support the financial services industry in implementing the Financial Accountability Regime (FAR)....
Source : eDaily | 12 Mar 2024...regulations to enhance medical insurance for foreign workers....
Source : eDaily | 12 Mar 2024...The Treasury has started a consultation exercise on standardising natural hazard definitions and reviewing standard cover for insurance contracts, says assistant treasurer and minister for financial services Stephen Jones...
Source : eDaily | 11 Mar 2024...The Australian government has announced that it pay superannuation on paid parental leave (PPL) from 1 July 2025....
Source : eDaily | 08 Mar 2024...regulations and complexities in managing cross-border financing structures. Proactive and robust risk management will be crucial for insurers in managing these risks.
Rules...
Source : eDaily | 08 Mar 2024...Australia's corporate, markets and financial services regulator yesterday issued a letter reminding general insurers of their obligations as Australian financial services (AFS) licensees when handling insurance claims, especially in response to severe weather events....
Source : eDaily | 07 Mar 2024...regulations governing this new institution.”...
Source : Africa | 06 Mar 2024...regulations will continue to be enforced, ensuring that policyholders and beneficiaries will enjoy rights as per their existing terms and conditions. This continuity reflects the Authority's comm...
Source : MiddleEast | 06 Mar 2024...The IRDAI will consider rationalising the proposed surrender value payable by life insurance companies to policyholders, following representations made by life insurance companies as well as the Life Insurance Council (LIC)....
Source : eDaily | 06 Mar 2024...The Financial Supervisory Commission (FSC) has opened the door for the insurance industry to issue bonds of a capital nature through the establishment of special-purpose vehicles abroad....
Source : eDaily | 06 Mar 2024...Regulations requiring mandatory insurance for new domestic workers in Saudi Arabia took effect on February 2024. The insurance cover is mandatory for workers coming to Saudi...
Source : MiddleEast | 05 Mar 2024...regulations in Saudi Arabia, Saudi Pearl and its owner GIG, along with other major business groups and Saudi businessmen, established the Buruj Cooperative Insurance Company....
Source : MiddleEast | 05 Mar 2024...India's markets regulator has given Digit Insurance the go-ahead to launch an IPO after multiple compliance issues delayed approval for the deal originally planned in 2022, reported Reuters....
Source : eDaily | 04 Mar 2024...regulations that promote openness, transparency and professionalism....
Source : eDaily | 01 Mar 2024...regulations which should be implemented in the form of government regulations," he said.
Mr Ogi said that...
Source : eDaily | 29 Feb 2024...regulations worldwide.
The Act protects citizens’ rights, democracy, the rule of law and environmental sustainability from “high risk” AI.
The AI Act will...
Source : ARM | 28 Feb 2024...regulations are developing quickly at an international, national and local level, while emerging standards and best practices are still being worked on. This can all get quite complicated, so i...
Source : ARM | 28 Feb 2024...regulations related to the sector. It also seeks to monitor challenges and present its proposals and visions to resolve these, indicating that increasing the contribution of insurance to the GDP will...
Source : MiddleEast | 27 Feb 2024...regulations and corporate governance....
Source : MiddleEast | 27 Feb 2024...The Financial Supervisory Commission (FSC) has revised the island's regulations to promote the scope of microinsurance....
Source : eDaily | 27 Feb 2024...The Insurance Development and Regulatory Authority (IDRA) is seeking cooperation from ministries and public entities to expand insurance coverage....
Source : eDaily | 26 Feb 2024...regulations". Xiang was expelled from the Communist Party on September 23, 2017. In 2019, he was jailed for bribery....
Source : eCin | 23 Feb 2024...regulations, insurers were barred from collecting most premiums significantly in advance of the effective commencement date of an insurance policy. As a result, new insurance premiums have declined s...
Source : eCin | 23 Feb 2024