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161 through 180 of 1,102 matching documents, best matches first.   Sort by date

Union Budget: India to Permit 100% Foreign Direct Investment for Intermediaries
Minister Nirmala Sitharaman recently in the Parliament. The proposal aims "to make India a more attractive FDI destination." Sitharaman said "time has come that India not only gets ...
Source: BestWire   Date: July 10, 2019
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Hong Kong’s Regulator Concludes Consultation for Penalty Guidelines on Intermediaries
News Service, May 15, 2019). (By Iris Lai, Hong Kong bureau manager: Iris.Lai@ambest.com)
Source: BestWire   Date: July 8, 2019
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Broker Ed Gains Regulatory Approval in Bermuda
United Kingdom, France and Australia. BGC Insurance Group recently said it plans to launch a specialist global aviation and aerospace insurance and reinsurance brokerage to provide ...
Source: BestWire   Date: June 25, 2019
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Hong Kong Insurance Authority to Implement Direct Supervision of Intermediaries in September
Moses Cheng, chairman of the IA, said in a statement. The Hong Kong Federation of Insurers will cease to be the industry's self-regulatory body in September, said Praveen Daswani, ...
Source: BestWire   Date: May 15, 2019
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China’s Regulator Issues Guidelines on Insurers’ Sales of Non-Insurance Products
News Service, April 15, 2019). (By Iris Lai, Hong Kong bureau manager: Iris.Lai@ambest.com)
Source: BestWire   Date: May 8, 2019
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New Zealand Government Proposes Ban on Target-Based Commissions
Affairs Minister Kris Faafoi. The proposed measures include a ban on target-based remuneration and incentives for insurance sales people and ensuring products sold to consumers ...
Source: BestWire   Date: April 30, 2019
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Hong Kong Regulator Rejects Proposals to Increase Agents’ Insurer Representation
Legislative Council for scrutiny. After the legislative process, the rules will come into operation immediately upon the commencement of the new statutory regulatory regime for ...
Source: BestWire   Date: April 30, 2019
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CIRC Urges Intermediaries to Strengthen Internal Controls to Rectify Areas Vulnerable to Misconduct
The China Banking and Insurance Regulatory Commission has outlined supervisory tasks for intermediaries to take to rectify misselling and misconduct activities, according to a ...
Source: BestWire   Date: April 15, 2019
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With Approvals in Place, Marsh & McLennan Completes Acquisition of JLT
Amelia Woltering in an email to Best's News Service. "However, there is natural colleague attrition in our business, and that will work in our favor over time. We hope people can ...
Source: BestWire   Date: April 1, 2019
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Australian Insurance Players Ready Case Against Call for Ban on Commissions
Australian insurers and insurance brokers say nonlife insurance commissions are unlikely to disappear soon and are confident they can argue their case during a 2021 review ...
Source: BestWire   Date: March 18, 2019
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India’s Regulator Issues Conflict-of-Interest Guidelines Regarding Common Directors
The Insurance Regulatory and Development Authority of India has issued draft guidelines related to conflicts of interest arising from the appointment of common directors between ...
Source: BestWire   Date: March 12, 2019
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China’s Regulator Requires Insurers to Strengthen Supervision of Intermediaries
The China Banking and Insurance Regulatory Commission has issued a new guideline for insurance companies on the management of intermediaries, according to a statement from the ...
Source: BestWire   Date: March 5, 2019
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UK Regulator Gives Wholesale Broking Market a Passing Grade
White BIBA chief executive officer, in a statement. "It is also welcome that the FCA intends to deal with any follow up matters on a business as usual supervisory-led basis." White ...
Source: BestWire   Date: February 20, 2019
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 BestWeek Global Edition - February 4, 2019
Reinsurance renewal rates at Jan. 1 saw improvement as RenaissanceRe Holdings Ltd. turned increasingly to partnerships in its strategy over 2018, said the reinsurer’s chief executi...
Source: BestWeek   Date: February 4, 2019
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New Zealand to Fast-Track Reforms in Life Insurance Sector
May and introduce legislation later this year," he said. Meanwhile, Minister of Finance Grant Robertson said while the industry has started to address the issues raised in the ...
Source: BestWire   Date: February 1, 2019
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Regulators: New Zealand Life Insurance Industry Vulnerable to Misconduct
News Service, July 18, 2018). Reserve Bank Governor Adrian Orr said the industry needs to "act urgently and undergo major change" to address the issues. "Public trust in life ...
Source: BestWire   Date: January 29, 2019
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Marsh & McLennan: Taiwan Exposed to Extreme Weather Risk
... Taiwan Insurance Institute. Accumulated special reserves stood at NT$24.3 billion in 2017. Net income were NT$2.3 billion. Taiwan's regulator has encouraged the purchase of ...
Source: BestWire   Date: January 28, 2019
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Hong Kong to Implement New Regulatory Regime for Intermediaries in Mid-2019
Brokers and the Professional Insurance Brokers Association. "This change is expected to take place in mid-2019 and corresponding provisions of the Amendment Ordinance will commence ...
Source: BestWire   Date: November 30, 2018
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Hong Kong Regulator Seeking Consultation on Intermediary Rules
The Insurance Authority is seeking consultation for new rules overseeing the licensing regime for insurance intermediaries, with plans to roll them out in mid-2019, according to a ...
Source: BestWire   Date: November 1, 2018
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JLT Re: Emergence of a Super Regulator in China Could Align Fragmented Regulations
Jeremy Fox, chief executive officer of Asia-Pacific at JLT Re. The regulator "is specifically focused on limiting contagion, enhancing transparency, promoting long-term stability ...
Source: BestWire   Date: October 26, 2018
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