by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance
Companies should establish a concentration risk information disclosure mechanism and disclose annual concentration risk management information on their websites before June 15 each year, the regulator said China’s National Financial Regulatory Administration on...
by AIP Online Bureau | Feb 11, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Wealth Management/ Philanthropy
The shift in policy in China could be a signal that authorities recognize the dearth of investment options in Asia’s largest economy, and the need for alternatives amid a property downturn and an economic slump. It would translate into a potential 200 billion yuan...
by AIP Online Bureau | Feb 1, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy, Regulation
The FDI limit being raised from 74% to 100% will prove to be a landmark reform in the insurance sector which will help unlock new opportunities for investment and innovation. These reforms will strengthen investor confidence, drive innovation, and support sustained...
by AIP Online Bureau | Jan 31, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life
In the life insurance segment, there is a noticeable shift towards protection and guaranteed return savings products, which now cover 40 per cent of households, largely due to LIC’s extensive network. New Delhi: The Economic Survey presented by finance minister...
by AIP Online Bureau | Jan 31, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The goal is “to ensure the continued protection of policyholders and the overall stability of the EU’s insurance market amid more erratic and damaging weather patterns,” EIOPA said Europe’s insurance watchdog has called for a recalibration of capital requirements to...