Mastering mismatches

Insurance

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Regulators in Malaysia and South Korea look set to be next in line to introduce new risk-based capital (RBC) rules for insurance companies, in moves that experts say will boost asset-liability management (ALM) services in the region. And these developments follow an announcement in October that Taiwan plans to introduce RBC rules, although the timetable for them is still to be unveiled.

RBC rules are already well established in some jurisdictions. The Australian Prudential Regulation Authority im

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