Toxic cultures can cause lasting damage, says UK regulator

Fitch Ratings cites Taiwan FX hedging costs for TransGlobe Life's negative rating watch

TGL's mismatch-hedging to "come under pressure" after "surge in hedging costs," Fitch predicts

NAIC asset adequacy testing rules move one step closer to adoption

Overhaul to rules comes as regulators step up oversight of asset intensive reinsurance

Allianz gets nod to expand Australian non-life business

Challenger welcomes Apra's consultation on life illiquidity premium

Australian annuity writer calls proposals "significant improvement" on current capital settings

House of Lords issues damning report on UK regulators' risk-averse culture

The 13-month inquiry finds FCA and PRA have made little progress on their statutory growth mandate