Captive News

Global captive market updates, regulatory news and industry insights

Japan:Non-life results hit by overseas catastrophe losses

Japan's top four non-life insurers' average combined ratio remained strong but deteriorated to 95% in the financial year ended 31 March 2018 (FY18), affected by weather-related loss events including US hurricanes, says Fitch Ratings.

2018-06-06

Author：Editorial Team
Britain should force companies to report climate risks: Lawmakers

Britain should force large companies, pension funds and other big investors to report their exposure to climate risks by 2022 at the latest, a cross-party group of lawmakers said in a report published Monday.

2018-06-05

Author：Editorial Team
CBIRC: Supervision and escalation of insurance solvency

Recently, the CBIRC issued the 2017 annual insurance solvency supervision work. It is reported that 2017 solvency sufficient stability, industry risk overall controllable. But a handful of companies represented by the Andhra Pradesh Insurance Group Co., Ltd. are at risk. In 2017, there were 7 companies with a comprehensive solvency adequacy ratio of 100% to 150% of the region of concern.

2018-06-05

Author：Editorial Team
Formula One at risk from new EU insurance rules?

Motorsport’s governing body, the FIA, is concerned that a European Commission update to rules on motor insurance could be “highly detrimental” to sports like Formula One, as it could leave race events dependent on the whims of insurance companies.

2018-06-04

Author：Editorial Team
Amendments to the rules for the administration of foreign insurance companies

Shanghai Security News reporter got exclusive informed from the relevant channel, in order to adapt to the new situation, the revision work of the "Foreign Insurance Companies Regulations Implementation Rules" (hereinafter referred to as "Implementation rules") will start in the near future.

2018-06-01

Author：Editorial Team
Insu-Tech promote the increase of property insurance premium

2018 1 Quarterly Insurance premium income data issued, the first 3 months of this year, the insurance industry achieve a premium income of 309 billion yuan, Year-on-year-11.2%, there has been the first time over the past year, the negative growth of the industry as a whole under pressure.

2018-06-01

Author：Editorial Team
The CBIRC issued ”the notice of the insurance funds participating in the long-term rental market“

June 1, the China Bank & Insurance Regulatory Commission issued "the notice of the insurance funds participating in the long-term rental market", focusing on the mode of participation, product set up conditions and other aspects of insurance funds to participate in long-term rental market requirements.

2018-06-01

Author：Editorial Team
Investors show confidence in ILS market

Investors remain bullish on the insurance-linked securities market after money poured into the alternative insurance and reinsurance sector in the first quarter, leading some experts to predict a record year for ILS investments in 2018.

2018-05-08

Author：Editorial Team
M&R of foreign insurance industry will be staged

This time the financial industry to open up, there is no "wolf" voice, but the market is in the undercurrent surging! At the Boao Forum for Asia held in Hainan on April 10, Yi Gang, the central bank governor, announced major financial liberalisation initiatives, restrictions on foreign ownership in the banking, insurance, asset management, securities and futures sectors, and an across-the-board liberalisation of the insurance intermediaries, agents and brokerage businesses. A stone stirred thousands of layers of waves, easy to outline the speech of the entire Chinese financial industry opened the door to open all of a sudden.

2018-04-21

Author：Editorial Team
Zhongan insurance and Colgate set up joint venture technology company shareholding 50%

Securities Times reporter recently learned that the Zhongan and Colgate-Clean Palm Lam (Hong Kong) joint venture to set up a network of clean internet Technology (Shanghai) Co., Ltd., Zhongan Insurance holdings of the joint venture company 50% Equity. Jie-Zhong Network technology is only one of the 5 technology subsidiaries of Zhongan insurance.

2018-04-19

Author：Editorial Team

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