The government needs to establish a multi-level pension system that is compatible with an ageing society, say academics at two universities in Beijing.
The Financial Services Authority (OJK) plans to tighten investment practices in nonbank financial institutions (NBFIs), including insurers.
Japan’s biggest non-life insurer Tokio Marine will have to raise fire insurance premiums following huge natural disasters in recent years, the company’s president Mr Satoru Komiya has said.
Discussions are underway to form a catastrophe insurance pool in the Philippines as the local market looks to find a more sustainable solution for CAT coverage amid soft property rates.
The 5th Asia Trusted Life Agents & Advisers Awards, the region’s most prestigious Awards recognising the best in financial advisory with an independently-audited judging process, is now open for nominations.
Asian
Reasuransi Indonesia Utama (Indonesia Re) CEO Frans Y Sahusilawane passed away at the age of 67 on 21 January in Jakarta. He had played an influential role in the development of insurance and reinsurance in Indonesia.
Risk
Regulatory risk and economic uncertainty have topped a poll for 2020 conducted by the consultancy Protiviti as the top threats, according to business executives.
According to new research from security company White Hat Security almost 50% of the coding and development teams surveyed lack a dedicated cyber security expert.