Posts Tagged ‘Insurance Companies’

Parliament passes law on insurance activity

The Majlisi Namoyandagon (Tajikistans lower chamber of parliament) has endorsed a bill on the insurance activity in Tajikistan. A regular sitting of the second session of the Majlisi Namoyandagon of the fourth convocation, presided over by its speaker, Shukurjon Zuhurov, was held on December 8. Presenting the bill, Minister of Finance Safarali Najmiddinov noted that [...]

Smaller Insurers Try to Attract Banks

As the salespersons of insurance companies are not allowed to sell products in banking outlets, many smaller insurers have to try every means to make the lenders sell their products. In addition, the new policy of China Banking Regulatory Commission (CBRC) requires that each outlet of a commercial bank can sell the products of not [...]

CHINESE INSURERS TO REPORT THEIR PROPERTY, EQUITIES INVESTMENTS

The China Insurance Regulatory Commission (CIRC) on Friday issued a circular requiring insurance companies to report their investments in real-estate projects and equities of non-listed companies. The move aims to strengthen the supervision of insurers’ investments, said the CIRC. The insurance regulator also urged insurance companies to provide analysis reports on their real-estate investments, including [...]

CHINA BLOCKS MIXED SALE OF INSURANCE, SAVING PRODUCTS BY BANKS

China Banking Regulatory Commission (CBRC) recently required commercial Banks to stop allowing salespersons from insurance companies to promote insurance products at Banks’ outlets. Banks’ staff with qualification of insurance agent could promote insurance products at banks’ outlets, said the CBRC in a notice. The move aims to regulate banking-insurance cooperation and strengthen risk management over [...]

A.M. Best Podcast Interviews Swiss Re’s VP on Viral Video, Social Media

The latest episode of A.M. Best Co.’s Insurance Marketing & Advertising Podcast features an interview with Alayna Francis, VP at Swiss Re. The interview was on how B2B companies can leverage social media for critical issues. Francis is also a speaker at the 2010 Insurance Marketing & Advertising Summit. Listen to the full interview at [...]