Report details Asian regulatory environment
Aon Benfield has issued a guide for insurers and reinsurers on the latest capital requirements and regulatory changes in 20 Asia-Pacific markets.
This year’s Asia-Pacific Solvency Regulation report covers Australia, New Zealand, India, Macau, Pakistan, Sri Lanka, Brunei, Indonesia, Malaysia, Papua New Guinea, Taiwan, China, Japan, Myanmar, Philippines, Thailand, Hong Kong, South Korea, Singapore and Vietnam.
It features insights on risk-based capital trends, enhanced catastrophe reporting and the strengthening of risk management enterprise requirements.
Aon Benfield Analytics Regulatory and Rating Agency Advisory Head Sifang Zhang says enhanced solvency and risk management requirements may change insurers’ risk appetites, which in turn can influence their reinsurance decisions.
Click here for the report.