All posts tagged "insurance groups"
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409Capital / LiquidityCBIRC Enhances Rules for Insurance Groups to Prevent Risk
The revised rules seek to align the domestic framework with IAIS standards, while also addressing corporate governance and risk management issues.
December 21, 2021 -
488Capital / LiquidityCBIRC Issues Draft Rules on Recovery and Resolution Plans
Deposit-taking institutions, asset managers and financial leasing companies with CNY 300 billion in total assets have to formulate recovery and resolution plans.
March 2, 2021 -
406China
CBIRC Issues New Guidelines on Reputational Risk Management
The guidelines set out four principles for all CBIRC-regulated financial institutions to incorporate in their reputation risk management systems.
February 25, 2021 -
264China
CBIRC Asks Insurance Groups to Improve Governance Mechanisms
The CBIRC released the results of its first evaluation of corporate governance of insurance groups. None of the 10 participating groups top marks.
February 8, 2021 -
1.8KFeatureHong Kong Set to Implement Group-Wide Supervision for Insurance
Newly gazetted subsidiary legislation will allow the Insurance Authority to set capital, regulatory reporting and public disclosure requirements for insurance groups.
January 6, 2021 -
874Australia & NZAPRA to Align Prudential Standards with IAIS ComFrame
APRA has designated QBE Insurance Group as an internationally active insurance group, which will promote coordination with other international supervisors.
October 13, 2020 -
1.3KHong KongHong Kong Introduces Legislation to Enhance Regulatory Framework for Insurers
The bills provide a regulatory regime for insurance-linked securities, expand the scope of insurable risks of captive insurers, and empower the IA to regulate insurers at the group level.
March 23, 2020 -
710InternationalNew Supervisory Framework for Internationally Active Insurers
The global framework comprises an enhanced set of supervisory policy measures and powers of intervention, along with an annual IAIS global monitoring exercise.
November 15, 2019
