Business
China plans 200 billion yuan capital injection into biggest insurers: sources
It would be the first time Beijing has used special bonds to inject capital into insurers China is mulling the sale of hundreds of…
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insurers
Business
US stocks: S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to the latest earnings reports…
Business
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say Medical inflation is expected to remain one…
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Singapore insurers more anxious about AI and cyber risks than global peers: report
Broader technology disruptions and macroeconomic uncertainties are adding to worries, says PwC study The misuse of generative artificial…
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Singapore insurers more anxious than global peers, as risks related to AI, cybercrimes rise: report
Broader technology disruptions and macroeconomic uncertainties are adding to worries, says PwC study The misuse of generative artificial…
Business
China’s EV boom saddles its auto insurers with losses
China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes…
Business
China’s EV boom saddles its auto insurers with chronic losses
The country now has tens of millions of electric cars on its roads, and sales are rising at a rapid clip China’s giant electric vehicle…
Business
Europe: Stoxx 600 hits one-week low as banks, insurers slide ahead of Fed decision
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the…
Business
European Shares Slip as Banks, Insurers Fall Ahead of Fed's Rate Decision
European shares fell slightly on Tuesday as cautious sentiment gripped markets ahead of the U.S. Federal Reserve's closely watched policy…
Business
Taiwan insurers may boost FX hedging to protect foreign assets
Wagers on local dollar gains, along with stronger demand for protection, can drive up non-deliverable forward premiums Taiwan’s life…
Business
Chinese insurers’ stock buying bolsters case for slow bull run
Authorities have also raised insurers’ equity investment cap, reduced their capital requirements to hold stocks and improved their ability…
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Taiwan’s life insurers see big drop in currency hedging costs
The Taiwan dollar’s recent weakness and the resulting return of carry trades are quickly driving down local life insurers’ hedging costs.…
Business
Hong Kong asks insurers to return investing roles from Singapore
Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital. Over the…
Business
Hong Kong asks insurers to move investing roles from Singapore, in push to compete on talent
Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital. Over the…
Business
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to…
Business
OCBC-GEH saga: Could the insurer’s suspension be resolved through a selective capital reduction?
At OCBC’s annual general meeting on Apr 17, chairman Andrew Lee left no doubt that the banking group has been unmoved by calls for it to…
Business
Falling yields pile pressure on China’s insurers
CHINA’S insurance companies reported higher investment returns in 2024 despite falling market interest rates and an economy flirting with…
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Data readiness is the biggest AI challenge for global life insurers
Data readiness is the biggest challenge in getting value from AI reported 78% of global life insurers. Australia was top in terms of data…
Business
Insurance company changes anesthesia coverage: Who it impacts
Medical Mutual has changed its reimbursement policy regarding anesthesia coverage just weeks after United Healthcare CEO Brian Thompson…
Business
Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S…
Business
Dip in Singapore consumers’ trust in general insurers and insurance sales staff: report
THE level of trust Singapore consumers have in general insurers and their intermediaries such as brokers and advisers slipped in 2024,…
Business
High Ulip share to weigh on life insurance companies' margins in Q2
High share of low-margin unit-linked products (Ulips) and increased investments in distribution channels are likely to weigh on listed…
Business
Trai's whitelisting norms: Majority of banks, insurers in compliance
3 min read Last Updated : Oct 01 2024 | 11:35 PM IST All national-level banks, insurers, and other financial players in both public and…