...regulations have not caught up and it becomes imperative to close this gap.
Mr Boubrik said, “Our responsibility, as a regulator, is to...Source : MiddleEast | 24 Sep 2018
...regulations on over 31,000 occasions without penalty, casting doubt on the industry’s ability to regulate itself.
The revelations are the latest in a year-long inquiry into the financ...Source : eDaily | 24 Sep 2018
...Regulations dealing with the prevention and handling of medical disputes, which will take effect on 1 October, state that the state should improve the medical liability insurance scheme, encourage medical institutions to take up medical liability insurance and encourage patients to acquire medical accident insurance....Source : eCin | 21 Sep 2018
...The six Hong Kong-listed Chinese life insurers reported lower new business in their first half results, but their credit standing was supported by healthy growth in their in-force books and strong capitalisation, says Moody's Investors Service....Source : eCin | 21 Sep 2018
...regulations, as well as recent developments with IFRS 17 as it gains momentum in the region.
"China's clampdown on high guarantee universal life sales reduced premium volumes but h...Source : eDaily | 21 Sep 2018
...regulations currently provide a maximum compensation of EGP40,000 in case of death and total permanent disability caused in a traffic accident and a ceiling of EGP10,000 for physical damage to proper...Source : MiddleEast | 18 Sep 2018
...The Australian Prudential Regulation Authority (APRA) has released a package of prudential standards and guides aimed at improving governance and decision-making in the private health insurance (PHI) industry....Source : eDaily | 17 Sep 2018
...regulations of the Urban Communities Authority requirie real estate developers to take up insurance cover against against the risks of non-delivery on the date specified in sale & purchase contra...Source : MiddleEast | 16 Sep 2018
...regulations when they applied for approval to hold stakes or to increase capital several years ago. The violations included non-disclosure of connected transactions, fake capital injections and hidin...Source : eCin | 14 Sep 2018
...Two years of parallel running are recommended for insurers to get ready for new major new accounting standards, but not many insurance companies appear able to achieve that, according to international professional services firm, KPMG....Source : eDaily | 14 Sep 2018