Insurance

Steady loan outlook erodes as Philippine banks brace for Q1 squeeze

Steady loan outlook erodes as Philippine banks brace for Q1 squeeze

Banks expecting a flat borrowing appetite fell significantly from a previous high of 80.7%.
6 days ago

QBE deal expands as Malayan embeds add-on into RCBC auto loans

Paramount Life and General Insurance Corporation acts as the local partner in the Philippines.

GCash bundles free Oona insurance with GLoan credit disbursements

This new in-app feature is only for a limited time.

HSBC says 'no decision' made in Singapore insurance review

HSBC said Singapore stays a priority market for wealth and wholesale growth.

Canara HSBC Life partners Equitas SFB for bancassurance

The bank has a network of 994 branches and 365 ATMs.

BNP Paribas sells AG Insurance stake to Ageas for $2.2b

BNP Paribas said the deal is expected to close in the second quarter of 2026.

PDIC, Philippine central bank sign revised agreement to enhance bank oversight

The agency said this will give depositors “renewed assurance.”

RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia

RHB will distribute life insurance, family takaful, and general takaful products.

MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand

It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.

AXA launches digital insurance with Ant Bank, AlipayHK tie-up

It will use AXA’s portfolio and Ant Bank and AlipayHK’s “E-wallet X Digital Bank”.

Financial crime threats to rise in 2025, Kroll report warns

One of the primary drivers is the rapid advancement of AI.

Smartpay, Chubb launch embedded insurance in Japan

Cashless payments account for 50% of consumer monthly spending in Japan.

PAObank secures insurance agency licence

It also inked a deal with China Ping An Insurance and FWD Hong Kong.

Prudential, StanChart cement 25 years of bancassurance tie-up

They have the longest-running bancassurance partnership in Singapore and Asia.