Insurance regulatory updates
Hong Kong
Insurance Authority issues L32: Guideline on Group Supervision
Singapore
MAS publishes release on Accelerating Green Finance
India
Updated IRDAI Regulations
Australia
APRA issues letter to ADIs on treatment of risks not in Value at Risk
APRA releases quarterly private health insurance statistics for March 2021
Insurance articles
Harrison & Co Claims Consulting assists the largest commercal insurers and brokers on complex financial lines and trade credit claims in Asia Pacific – see further information here
The Test for Inducement in Contracts Prior to the Insurance Act 2015: Zurich Insurance PLC v Niramax Group Limited [2021] EWCA Civ 590 – 4 New Square Chambers
Insurance news
Hong Kong: Peak RE’s net profit soars by 150% for 2020
Chubb CEO meets protests for environmental inaction – 70 groups join forces
Howden expands HX analytics platform into Asia
CNA pays $40 million ransom to remove malware from its systems
India issues rules for increased foreign investment in insurance companies
*Hong Kong, Singapore, China, Malaysia, Vietnam, Thailand and Australia.