Tag Archives: issues

APRA Issues March 2023 General Insurance Stats – money.andronezia.com

The Prudential Regulatory Authority of Australia (APRA) has released quarterly general insurer performance statistics and published general insurer-level quarterly statistics for the March 2023 quarter. Publication of quarterly general insurance performance statistics provides an aggregate summary of the industry’s financial performance, financial position, capital adequacy and key ratios. This publication also includes detailed statistics at… Read More »

Bank Negara issues Policy Document on Professionalism of Insurance and Takaful Agents – money.andronezia.com

8 mins ago Business 1 Views Bank Negara Malaysia issues Insurance and Takaful Agent Professionalism Policy Documents (‘Policy Documents‘) on April 17, 2023. Policy Documents will take effect on January 1, 2024. Policy Documents valid for licensed insurers and takaful operators (excluding reinsurance and reinsurance operators) (‘THIS‘)… Read More »

Central bank issues new policy paper on investment-linked insurance – money.andronezia.com

Bank Negara Malaysia (BNM) has issued investment-related insurance business policy documents that apply to conventional insurance companies and family takaful operators engaged in this line of insurance. The main objective of this new policy document is to ensure that people who have a license provide fair treatment to policy owners/takaful participants in maintaining the value… Read More »