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It would be the first time Beijing has used special bonds to inject capital into insurers China is mulling the sale of hundreds of billions of yuan in special government bonds to…
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say Medical inflation is expected to remain one of the most pressing challenges for Singapore’s…
Broader technology disruptions and macroeconomic uncertainties are adding to worries, says PwC study The misuse of generative artificial intelligence (AI) and cybercrime have emerged as…
China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviours. The…
The FDA’s guidance on who needs the COVID-19 booster shot has changed, but many insurers will still be covering the costs for enrollees – at least through the end of the year. America’s…
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the run-up to the US Federal Reserve’s highly…
Wagers on local dollar gains, along with stronger demand for protection, can drive up non-deliverable forward premiums Taiwan’s life insurers look set to lift their currency hedging from…
Rising demand from long-term investors will be key to reviving market sentiment and help sustain the rally’s momentum Chinese insurance firms have increased their equity exposure to the…
The Taiwan dollar’s recent weakness and the resulting return of carry trades are quickly driving down local life insurers’ hedging costs. Three-month dollar hedging costs using Taiwan…
Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital. Over the past year, Hong Kong’s insurance regulator has been…
Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital. Over the past year, Hong Kong’s insurance regulator has been…
A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to fulfil the liabilities. This is the issue currently…
The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in illegal kickbacks over several years to insurance…
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 distribute its stake in Great Eastern Holdings…
CHINA’S insurance companies reported higher investment returns in 2024 despite falling market interest rates and an economy flirting with deflation, as the bond market soared, the stock…
Data readiness is the biggest challenge in getting value from AI reported 78% of global life insurers. Australia was top in terms of data readiness with 38% of carriers being "Optimal",…
Medical Mutual has changed its reimbursement policy regarding anesthesia coverage just weeks after United Healthcare CEO Brian Thompson was killed on the streets of Manhattan. The new…
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S banks and insurers have sufficient capital and…
THE level of trust Singapore consumers have in general insurers and their intermediaries such as brokers and advisers slipped in 2024, compared with the previous year, a study has found.…
ROME (AP) — Italy’s far-right government has approved a budget for next year of about 30 billion euros ($33 billion), which officials say will be partly funded by a levy on Italian banks…
(Bloomberg) -- Prime Minister Giorgia Meloni’s cabinet is tapping Italy’s banks and insurers to help finance its budget, according to a new plan designed to deliver on giveaways pledged to…
