Asia-Pacific Insurance Update – 4 October 2019

Insurance regulatory updates

Hong Kong

Insurance Authority releases Hong Kong insurance business statistics for 2018

Australia

ASIC releases report on director and officer oversight of non-financial risk

APRA consults on new data collection to assess private health insurance reforms

UK

FCA fines Prudential £23,875,000 for failures relating to non-advised annuities sales
 

Insurance articles / news

Chubb appoints Australia and New Zealand head of claims

Lloyd’s Carnegie-Brown bullish on Asia risks

Singapore: Union helps insurance workforce turn digital

India: Direct sales diminish dominance of brokers and agents

Will Aviva be the next UK firm to exit Asia?

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*Hong Kong, Singapore, China, Malaysia, Vietnam, Thailand and Australia.

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