Author: admin

  • Asia Pacific Insurance Update – 25 October 2019

    This is our regular update of new insurance regulatory developments relevant to the Asia-Pacific* and India, new insurance-related case law in Hong Kong, Australia and England and interesting insurance articles and news from across the world.   Insurance regulatory updates Singapore MAS and CBIRC Enhance Supervisory Cooperation and Cross-Border Regulatory…

  • Asia-Pacific Insurance Update – 18 October 2019

    This is our regular update of new insurance regulatory developments relevant to the Asia-Pacific* and India, new insurance-related case law in Hong Kong, Australia and England and interesting insurance articles and news from across the world.   Insurance regulatory updates Hong Kong The Insurance Authority has published a response to media…

  • Asia-Pacific Insurance Update – 4 October 2019

    Insurance regulatory updates Hong Kong Insurance Authority releases Hong Kong insurance business statistics for 2018 Australia ASIC releases report on director and officer oversight of non-financial risk APRA consults on new data collection to assess private health insurance reforms UK FCA fines Prudential £23,875,000 for failures relating to non-advised annuities…

  • Asia-Pacific Insurance Update – 24 September 2019

    Insurance regulatory updates Hong Kong   Insurance Authority hosts forum to discuss risk transfer and project finance for Belt and Road projects Individual Licence Application Form for use under the new regulatory regime for insurance intermediaries is available on the Insurance Authority’s website Australia ASIC extends relief for foreign financial…

  • Asia-Pacific Insurance Update – 6 September 2019

    Insurance regulatory updates Hong Kong Insurance Authority releases consultation conclusions on codes of conduct for licensed insurance agents and licensed insurance brokers Insurance Authority releases provisional statistics of Hong Kong insurance industry in the first half of 2019 Australia ASIC action leads to Allianz refunding over $8 million in consumer credit insurance…

  • Asia-Pacific Insurance Update – 23 August 2019

    Insurance regulatory updates ASIC is investigating the progress of transition away from grandfathered conflicted remuneration arrangements for financial advisers. India Insurance Regulatory and Development Authority of India (IRDAI) has created a Regulatory Sandbox whose objective is to use innovative ideas in the insurance sector to foster growth and flexibility in regulatory…

  • Asia-Pacific Insurance Update – 16 August 2019

    Insurance regulatory updates Hong Kong The Insurance Authority issues circular to CEOs of authorised insurers inviting participation in third quantitative impact study for development of risk-based capital regime. Singapore The Monetary Authority of Singapore (MAS) has issued a set of legally binding requirements to raise the cyber security standards and…

  • Asia Pacific Insurance Update – 2 August 2019

    This is our regular update of new insurance regulatory developments relevant to the Asia-Pacific* and India, new insurance-related case law in Hong Kong, Australia and England and interesting insurance articles from across the world.   Insurance regulatory updates Hong Kong The Insurance Authority (IA) has published the consultation conclusions in…

  • Asia Pacific Insurance Update – 26 July 2019

    This is our regular update of new insurance regulatory developments relevant to the Asia-Pacific* and India, new insurance-related case law in Hong Kong, Australia and England and interesting insurance articles from across the world. Insurance regulatory updates Hong Kong The Insurance Authority has announced it will delegate inspection and investigation powers of…

  • Asia Pacific Insurance Update – 19 July 2019

    Each week we set out a list of new insurance regulatory developments relevant to the Asia-Pacific* and India, new insurance-related case law in Hong Kong, Australia and England and interesting insurance articles from across the world. Insurance regulatory updates Singapore IMF Reaffirms Singapore’s financial sector oversight as “among the best…