All posts tagged "insurance"
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551Australia & NZAPRA Sets Out Roadmap for Full Transition to APRA Connect
APRA says it will receive all data collections through APRA Connect by 2027, and regulated entities should prepare by exploring automation opportunities.
April 1, 2022 -
486Capital / LiquidityFSS Korea Asks Insurers to Increase Loss Reserves
FSS governor Jeong Eun-bo has warned insurers of a possible "perfect storm" building for the industry, citing rising interest rates and the war in Ukraine.
March 28, 2022 -
476SingaporeSingapore’s Insurers Gets New Culture and Conduct Guidance
Two new papers have been published to help Singapore's insurance industry in elevating their culture and conduct standards.
March 23, 2022 -
434AML / KYCGLEIF Welcomes LEI System’s First India Validation Agent
Rubix Data Sciences has become the first India-based Validation Agent within the Global LEI System, and the sixth globally.
March 22, 2022 -
491Australia & NZAustralia Consults on Expansion of CDR to Non-Bank Lending
The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.
March 21, 2022 -
665EnforcementTaiwan FSC Penalises Shin Kong Over Governance, Control Failures
Shin Kong Financial Holding executives were taking directions from the former group chairman, who was barred in 2020.
March 17, 2022 -
485Fintech / RegtechHong Kong IA Relaxes Rules on Online Sale of Insurance
ILAS (investment-linked assurance schemes) can now also be distributed using non-FTF methods, with a fast track authorisation process.
March 15, 2022 -
553Australia & NZRBNZ Defers Effective Date of New Insurance Solvency Standards
The interim standard will come into force on 1 January 2023. The RBNZ is also consulting on the penalties and enforcement tools it has available for supervising insurers.
March 11, 2022 -
466Capital / LiquidityCBIRC Incentivises HK Cat Bond Issuance by Mainland Insurers
Preferential treatment in place since 2018 has been extended to mainland insurers that issue catastrophe bonds in the Hong Kong market.
February 28, 2022 -
529ChinaCBIRC Expands Private Endowment Insurance Trial Nationwide
The expansion will allow all pension insurers in China to participate in the scheme. So far only six insurers have participated in two pilot areas.
February 25, 2022
