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The Bermuda market continues to evolve with government efforts to maintain relevance and attractiveness as a (re)insurance domicile in a highly competitive global market...
New rules in South Korea governing insurers' expenses, including limits on commissions paid to agents, will improve the insurance industry's expense structure and increase customer confidence...
Fitch Ratings believes users of its international credit ratings in the EU will be unaffected by the European Commission's repeal of its existing equivalency decisions for CRA...
India's proposed removal of the foreign-ownership cap on insurance intermediaries is likely to increase competition, strengthen distribution capabilities to enhance insurance penetration and boost M&A in the medium to long term...
The China Banking and Insurance Regulatory Commission's recent rules to regulate insurers' investments in trust products will benefit the industry...
Fitch Ratings' revised insurance criteria (published January 2019) includes new ratio guidelines by rating category for Solvency 2 (S2) capital requirements (SCR) coverage. In a new report...
UK non-life insurers will probably not get a profit boost despite a likely reduction in fraudulent insurance claims, Fitch Ratings says. We expect insurers to use the savings stemming from tighter...
The delay to the implementation of a new accounting standard, IFRS 17, will allow insurers and reinsurers to reduce operational risks, Fitch Ratings says in a new report...
Australian insurers are likely to face short-term challenges as they addresses recommendations stemming from a royal commission into the financial services industry, but successful implementation should be...
Australia's banking system faces short-term challenges in addressing shortcomings in culture and governance that led to a number of misconduct issues in the system, says Fitch Ratings...
