Australia: Insurers advised to get the basics right

Published on October 13, 2023
The Australian Securities and Investments Commission (ASIC) is calling for action from insurers to get the basics right for insurance pricing promises, product design and distribution, and claims
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India: Regulator to despatch insurance salespersons to every rural nook before end-2024

October 13, 2023
The IRDAI will deploy bima vahaks (BVs) in every gram panchayat (cluster of villages) before 31 December 2024, the regulator said as it released guidelines for BVs on 9 October.

Mainland Chinese insurers remain conservative in investments

October 13, 2023
Declining interest rates in China have led to narrowing spreads and increased reinvestment risk for domestic insurance companies, according to a new AM Best report, placing a greater onus on