Organisational structure of super financial regulator unveiled

Published on November 17, 2023
The State Commission Office of Public Sectors Reform (SCOPSR) has officially released regulations relating to the functions, duties, organisational structure and staffing of the National
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Malaysia: MAA Group in US$58m deal to sell Philippine general insurance unit

November 17, 2023
MAA Group is proposing to sell an 85% stake in its Philippine general insurance business -- MAA General Assurance Philippines (MAAGAP) -- for $49.3m in cash, with an option to sell the remaining 15%

76 life insurers post combined net profits of nearly US$17bn in first 3 quarters

November 17, 2023
The combined net profits of 76 life insurance companies in mainland China slid by 2.16% to CNY122.05bn ($16.88bn) in the first nine months of this year compared to the corresponding period in 2022,