insurance

Why Asian banks struggle to embed AI in compliance

Institutions cite fragmented infrastructure, manual workflows and skills gaps as barriers.

South Korea regulator widens responsibilities maps from insurers to savings banks

FSC invites $0.49b savings banks into pilot ahead of 2 July 2026.

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.”

Australian mutual banks may offset costs through process automation

It could help banks sustain their historical loan growth of about 6%.

RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia

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

Vietnam’s finance sector faces digitalisation challenges despite eased regulation

Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.

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.