Regulators propose turning "Benefit the People" insurance into long-term health plan

Published on December 29, 2023
The National Administration of Financial Regulation (NAFR) and the National Healthcare Security Administration (NHSA) have released draft regulations covering commercial customised urban medical
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ECB/ESRB emphasise critical role of re/insurance in addressing climate-related financial risks

December 28, 2023
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) have underscored the pivotal role of insurance and reinsurance in mitigating climate-related financial stability risks across the European Union (EU).The comprehensive report delves into the vulnerabilities of financial institutions, stressing the necessity for proactive measures to address the challenges posed by climate

Pace of digitalisation in insurance sector deemed as too slow

December 29, 2023
The main problem in the insurance industry at present is the slow speed of digital transformation, according to a former senior insurance regulatory official.