Life
Hong Kong urgently launches insurance fraud prevention database
Federation says need to move quickly as ‘lagging far behind’ other countries
New Zealand life insurers pay most commission
NZ reserve bank said the high level of commission life insurers pay to advisers can create ‘conduct risk’
The challenges hitting offshore markets
Nearly 80 life companies have disappeared since the late 1980s
China ready to allow foreign insurance company ownership
Move will take three years but Chinese regulator will accept applications from 2019
Prudential to expand its Chinese presence
Chief executive Mike Wells wants to ‘grow into the footprint quickly’