Insurance

Only 60% of financial firms have cyber risk plans

The survey also revealed the top 10 business risks institutions are facing.

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.

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...

Hang Seng Bank launches investment and life insurance plan

70% of Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. 

Partner insurer payout leaps 23% YoY through Ant Group's insurance arm

Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance

Prudential partners with CIMB Thai for bancassurance venture

The partnership grants Prudential access to CIMB Thai’s customer base and branch network in Thailand.

IRDAI assembles taskforce for bancassurance

The share of banks as corporate agents was 5.93% of non-life insurance and 17.44% of new business premiums in 2022-23.

Zurich acquires 51% stake in Kotak Mahindra Bank's general insurance arm

The insurer said it plans to buy 19% more in the future.