Regulation & Compliance
Hannover Re, SCOR Gain Approval to Open India Branch Offices
Both Hannover Re and SCOR have gotten regulatory approval to launch branches in India. Hannover Re announced on Dec. 28 that the Insurance Regulatory and Development Authority of India granted ...
‘Regtech’ Cos. Stand to Gain From Fragmented Regs of Trump Era
President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Companies whose technology helps banks and investors cope with the welter of post financial ...
First-of-a- Kind U.S. Insurance Reg Helps Ex-Cons Get N.Y. Jobs
New York Governor Andrew Cuomo issued a regulation last Wednesday making it easier for businesses to hire former convicts by prohibiting insurance companies from refusing coverage for crime-related ...
New York Insurance Banking Cybersecurity Regs to Be Delayed Past Jan. 1
New York's financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cybersecurity rules, a person familiar with ...
N.J. Life Insurance Agent Charged With Stealing Client Identities
State authorities say a former insurance agent assumed the identities of former clients to fraudulently apply for new life insurance policies in their names. Marta Cristina Cunha is charged with ...
China Insurance Regulator Tightens License Rules: Sources
China's insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks resulting from the aggressive business and investment practices of some players, ...
Carl Icahn Named Trump Special Adviser for Regulation Overhaul
President-elect Donald Trump named billionaire investor Carl Icahn a special adviser to help him overhaul federal regulations in ways the Republican said would promote business growth. "His help on ...
2017 Predictions Part III: Motor-Cyber, India Reinsurance and More
Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market ...