Insurance
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
1 day ago
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
1 day ago
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.
WTW urges APAC banks to consider non-payment insurance
Uncertainties like the Chinese real estate crisis call for effective credit risk management.
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.
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1. APAC’s affluent move $700b to digital wealth management 2. DBS, UnionPay launch multi-currency debit card 3. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 4. Maybank rolls out green financial advisory service to SEA SMEs 5. Southeast Asia’s digital banks – the road from good to greatResource Center
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