Browsing: regulation

Experts and advocates debate the primary drivers of rising insurance rates, with climate change emerging as a key factor.

The Prudential Regulation Authority (PRA) is seeking feedback on proposed changes to the UK’s regulatory framework for Insurance Special Purpose Vehicles (UK ISPVs), aiming to enhance safety and promote competitiveness.

Biltir CEO Suzanne Williams-Charles asserts that Bermuda continues to attract interest from life insurance companies, refuting claims of firms leaving for the Cayman Islands.

The Insurance Regulatory and Development Authority of India (IRDAI) has cautioned insurance companies regarding elevated commission payouts, which are contributing to higher premiums for consumers. The regulator has mandated corrective action to curb these commissions, or face potential limitations.

The Financial Services Agency of Japan is investigating life insurers’ reinsurance practices, particularly those involving global investment firms and offshore hubs like Bermuda.

Recent legal and regulatory actions impacting the insurance industry, including fines in New York and a ruling in Missouri.

Industry leaders are focusing on expansion, investment, and strategies to address emerging risks, including climate change

The implementation of mandatory third-party liability insurance for motor vehicles in Indonesia has been postponed pending a government regulation, according to a report by Jakarta Globe.

A comprehensive overview of the California Department of Insurance’s Sustainable Insurance Strategy, its goals, and its impact on homeowners and the insurance market.

The Pennsylvania Insurance Department plays a vital role in consumer protection, licensing, and regulation within the insurance sector.