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

Insurance Authority releases provisional statistics of Hong Kong insurance industry in the first quarter of 2020

Singapore

Re-appointments to the MAS Board of Directors

Australia

ASIC secures over $160 million in remediation for junk consumer credit insurance

APRA releases general insurance statistics for March 2020

APRA releases life insurance statistics for March 2020

Malaysia

Monetary and Financial Developments in April 2020

India

IRDAI issues list of consolidated insurance regulations

China

CBIRC Releases Notice on Matters Related to Insurance Funds Investing in Bank Capital Replenishment Bonds

CBIRC Issues Rules on Credit Insurance and Surety Business

CBIRC Issues Policies to Strengthen Management of Insurance Sales Personnel and Employees of Corporate Insurance Intermediaries

Insurance articles / news

Hong Kong insurance premiums skyrocket

Reinsurance sector won’t achieve cost of capital in 2020, says Fitch

Brexit: Lloyd’s edges forward with Part VII transfer

Swiss Re boosts Asia leadership with slew of appointments

Tower CEO Harding axes 108 jobs, says “digital is the future”

Singapore insurtech GoBear funding soars to US$97m

Insurance asset managers to favour Asia after Covid-19

Chubb’s Greenberg issues US$100bn Covid-19 warning

Crisis will offer insurers new opportunities

Insurers report first combined quarterly loss in nearly two decades

India considers natural catastrophe insurance pool

*Hong Kong, Singapore, China, Malaysia, Vietnam, Thailand and Australia.