Insurance
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RBI approves Zurich's 70% stake in Kotak Bank’s insurance arm
The acquisition is worth Rs5,560 crore.
Australia, NZ retail banks face tougher headwinds
Both loans and deposits will see increased competition.
UBS merges with Credit Suisse, APAC gets new lead
Iqbal Khan’s role will be effective 1 September.
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
Insurers turn to private markets for higher returns
Amidst economic uncertainty, insurers seek diversification and higher returns through private market investments.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Manulife, Standard Chartered expand 2016 ties
Manulife will gain access to the bank’s clientele.
China boosts financial services to advance new industrialisation
Insurance funds should provide long-term stable financial support.
Financial firms lead LinkedIn’s top companies in Singapore
LinkedIn unveils companies list where professionals advance the most.
Embedded finance market to double in four years
The industry’s growth is seen to continue at least in the next four years, mainly due to the B2B market.
AlipayHK users benefit from Blue Cross travel insurance promotion
Travellers can purchase a five-day travel insurance plan for HK$1.
Allianz Life, HSBC Malaysia unveil two new investment-linked funds
Its fund manager is BlackRock.
Bancassurance market to surge 8.4% in CAGR by 2028
Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.
AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year
The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.
38% of financial institutions attain full-stack observability
There is an urgent need for traditional FSI and insurance companies to digitally transform due to increased competition and consumer expectations for...
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