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141 through 160 of 2,899 matching documents, best matches first.   Sort by date

Best’s Special Report: Declining Investment Yields Pose Challenges to Meet Cost of Capital for China Insurers
Chinese insurers have been raising funds from the domestic debt capital market in the form of capital supplementary bonds (CSBs) in recent years, highlighted by a 240% increase in ...
Source: Press Releases   Date: April 30, 2024
Best's Special Report: Declining Investment Yields Pose Challenges to Meet Cost of Capital for China Insurers
Chinese insurers have been raising funds from the domestic debt capital market in the form of capital supplementary bonds (CSBs) in recent years, highlighted by a 240% increase in ...
Source: BestWire   Date: April 30, 2024
ASIC Appeals Australian Court Ruling in Auto and General Contract Case
Auto & General Insurance Co. Ltd. regarding an alleged unfair contract term. The Australian Securities and investments Commission is appealing the Federal Court ruling handed down ...
Source: BestWire   Date: April 19, 2024
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Munich Re Names Execs to Strengthen Local P/C Underwriting in Asia-Pacific & Africa
Korea and South-East Asia. Kotak has been responsible for Munich Re's property/casualty operations in India, Middle East and Africa since Jan. 1, 2023. In addition, he is chief ...
Source: BestWire   Date: April 18, 2024
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Hong Kong Regulators Target Illegal Insurance Sales to Mainland China Customers
China customers, the agencies said in a joint statement. The joint operation came after a memorandum of understanding signed by the ICAC and HKIA in October 2023. Search warrants ...
Source: BestWire   Date: April 11, 2024
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Australian Court Rules Against Regulator in Auto & General Customer Notification Case
Auto & General was not immediately successful. The regulator alleged that the term was unfair as ASIC said it imposes an obligation on customers to notify Auto & General if ...
Source: BestWire   Date: March 22, 2024
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 Commentary: Increased Regulatory Scrutiny of Bancassurance to Impact Vietnam Insurance Industry
Top- and bottom-line growth attributable to the bancassurance channel will be constrained over the near term.
Source: Commentaries   Date: March 13, 2024
Australia's Medibank Doubles First-Half Profit as Cybercrime Costs Fall
Executive Officer David Koczkar said in a statement. "We delivered a strong performance in Medibank Health and made some substantial steps in our expansion in health." Fiscal ...
Source: BestWire   Date: February 23, 2024
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Australian Regulator Orders Auto & General to Undertake Risk Remediation
The new requirement will be in effect from Feb. 1 until APRA determines the concerns have been remediated. "The additional capital requirement will have no impact on the conduct of ...
Source: BestWire   Date: January 30, 2024
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Sompo CEO Resigns; Regulator Imposes Reforms Amid Bigmotor Scandal
Bigmotor automobile insurance scandal in Japan. Following an investigation by the Financial Services Agency, Sompo Japan Insurance Inc. was issued a business improvement order and ...
Source: BestWire   Date: January 26, 2024
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Global Insurance Regulators
https://bestsreview.ambest.com/edition/2024/january/index.html#page=80
Source: Best's Review   Date: January 1, 2024
CBL, Directors Face $6.3 Million in Fines After New Zealand Liquidation
New Zealand's High Court ordered defunct insurer CBL Corp. Ltd. and four independent directors to pay about NZ$10 million ($6.3 million) in penalties for conduct including reckless ...
Source: BestWire   Date: December 28, 2023
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Japan's MS&AD Vows to Cooperate With Regulator in Monopoly Probe
Aioi Nissay Dowa Insurance Co. Ltd., the group said in a statement. The FSA issued administrative actions, including a business improvement order for "conduct considered to be in ...
Source: BestWire   Date: December 26, 2023
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Allianz Head of Cyber: Ransomware Attacks Rose 143% in First Quarter
View the video version of this interview here. Following is an edited transcript of the interview. Q: What factors account for the surge in ransomware attacks this year? A: It's ...
Source: BestWire   Date: December 22, 2023
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Prudential Plc, CITIC Contribute $352 Million to Boost China Life Joint Venture
Prudential plc said its CITIC-Prudential Life Insurance Co. Ltd. 50/50 joint venture will raise its its registered capital by 2.5 billion yuan ($352 million) to tap into the ...
Source: BestWire   Date: December 21, 2023
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 Commentary: International Insurers Seize Opportunities To Expand in India
Liberalisation and regulatory initiatives will spur growth in India’s insurance industry.
 Data
Source: Commentaries   Date: December 21, 2023

Tokio Marine Confirms Nonlife Insurance Monopoly Investigation in Japan
Tokio Marine Holdings Inc. confirmed a regulator's investigation into alleged monopolistic practices by a subsidiary in Japan. The country's Fair Trade Commission conducted an ...
Source: BestWire   Date: December 19, 2023
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Australian Regulators Call for More Transparency in Policy ‘Re-Rates'
...Wire March 31, 2023). (By Terrence Dopp, senior associate editor, Best's Review: Terry.Dopp@ambest.com)
Source: BestWire   Date: December 15, 2023
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Australian Regulator Licenses Commercial Lines Insurer Ivory
Wood Insurance Holdings Pty Ltd. as a non-operating holding company, it said in a statement. Ivory will provide capacity for Australian underwriting agencies in professional ...
Source: BestWire   Date: December 4, 2023
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Australia's RACQ Fined $6.6 Million for Misleading Customers on Disclosure Statements
Securities and Investments Commission said in a statement. The regulator said 458,746 customers missed out on about A$86.5 million in discounts they should have received. RACQ ...
Source: BestWire   Date: November 30, 2023
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