Insurance
Commonwealth Bank to sell stake in Bank of Hangzhou to insurer
Commonwealth Bank to sell stake in Bank of Hangzhou to insurer
The Australian bank could make about A$940m in proceeds.
5 days ago
Shinhan Bank inks deal with Petrolimex Insurance on Vietnam expansion
The bank will distribute PJICO’s non-life insurance products.
Etiqa, Maybank launch Singapore's first Takaful in 10 years
The plan combines ethical investment options with flexible wealth accumulation.
OCBC Hong Kong sells 33% stake in Hong Kong Life
Yue Xiu Enterprises (Holdings) bought the stake from the bank.
How much do Malaysian FI boards really cost?
Board chair retainer fees were typically 1.3 to two times higher than other board members.
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
Commonwealth Bank divests wealth unit to LGT, 40 staff move
It is expected to close by mid-2025.
Insurance companies in Asia face fast-paced regulatory changes
It challenges insurance companies' operations.
Insurance firms prioritise speed in reconciliation processes
Speed and cost efficiency drive adoption of reconciliation solutions.
Why Philippine banks, insurers embrace hyper-personalized services
Industry experts push for the rapid progress of unified customer data as a starting point.
How GCash’s credit and insurance tools unlock Philippines' inclusion barriers
Bank access increased to 65%, whilst insurance penetration improved to 1.71%.
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Asia Pacific drives 54% of bancassurance market growth
The market is seen to expand by 6.74% this year.
Zurich and GXBank target online scams with new insurance
Coverage price ranges from $0.23 per month to $0.92 per month.
SBI General Insurance, HSBC seal bancassurance partnership
The bank will offer SBI General Insurance’s entire non-life offerings.
Great Eastern halts trading of its shares in SGX
This follows OCBC's increased shareholding in the insurer.
Allianz and HSBC launch new life insurance plan
The plan comes with a premium starting from RM6,000.
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1. Bank of Singapore boosts Middle East, GCC operations with six appointments 2. WeChat Pay HK extends services to small merchants in Mainland 3. Commonwealth Bank to sell stake in Bank of Hangzhou to insurer 4. Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct 5. Bangkok Bank nets 8.6% net profit rise in 2024Resource Center
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