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China asks insurers to hold sufficient capital and liquidity

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...
China allows insurers to invest in gold for first time

China allows insurers to invest in gold for first time

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...
Budget 2025: Insurers and experts hail game changing moves

Budget 2025: Insurers and experts hail game changing moves

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...

Economic Survey urges insurers to address concerns on mis-selling, delayed claims settlements, AI, cybersecurity, and 3rd-party interactions

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...

Europe’s insurers may face new capital rules for climate risk

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...
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