Asia set for cyber insurance growth as market nears USD32bn
The global cyber insurance market is poised to more than double by 2030, reaching USD32.4bn in premiums, up from USD16.3bn by 2025,...
2 days ago
DL Holdings restructures its Digital Family Office with strategic investors
DL Holdings Group has restructured its DL Digital Family Office (DLDFO), introducing three strategic investors at a USD35m valuation and...
6 days ago
Indonesia targets US talks to counter tariff impact
Indonesia is set to hold a week-long series of trade, investment, and financial-sector talks in Washington from April 16 to 23 as it...
Apr 16
IFF Launches Sci-Tech Finance Committee in Wuhan
The International Finance Forum (IFF) launched its Sci-Tech Finance Committee at the Wuhan Institute of Industrial Innovation and...
Apr 16
Moody’s flags Taiwan insurers’ vulnerability to market swings
Taiwan’s insurance sector is more exposed to market volatility triggered by US tariffs due to smaller capital buffers, while its banks...
Apr 16
Singapore’s GSX Bank acquires Validus Capital
GXS Bank has received regulatory approval to acquire Validus Capital, the Singaporean SME lending subsidiary of Validus Investment...
Apr 16
GenAI adoption rising in Hong Kong finance sector
The use of generative artificial intelligence (genAI) is gaining ground in Hong Kong’s financial sector, according to a study by the Hong...
Apr 14
China to raise insurers’ stock investment limit by 5%
China’s financial regulator will raise the investment cap on insurance funds’ equity holdings by about 5% to bolster capital markets and...
Apr 8
Asia-Pacific to lead USD280bn universal life insurance market
Asia-Pacific is set to lead global growth in the universal life insurance market with a projected CAGR of 29.7% through 2032, driven by...
Apr 8
Thai insurers rethink disaster policies after earthquake
Thailand’s insurance industry is preparing to discontinue free earthquake coverage and introduce standalone policies following the recent...
Apr 3
Three investment firms set up offices in HK
Three investment firms, including one from the United States, are establishing offices in Hong Kong as the city sees renewed financial...
Apr 2
Taiwan approves Taishin Financial - Shing Kong Financial merger
Taiwan’s Financial Supervisory Commission has approved the merger of Taishin Financial Holding Co and Shin Kong Financial Holding Co,...
Apr 1
HSBC to boost wealth investments in Hong Kong
HSBC plans to significantly expand its wealth management and technology investments in Hong Kong, leveraging the city as a base to...
Apr 1
DBS eyes majority stake in Indonesia's Panin Bank
DBS Group is leading the race to acquire a controlling stake in Indonesia’s Panin Bank, ahead of Malaysia’s CIMB Group, according to...
Mar 31
AXA targets double-digit growth in Thai market
AXA Insurance Thailand is aiming for double-digit growth in non-life insurance premiums this year, banking on strong demand in motor,...
Mar 28
Hong Kong to host wealth summit amid global push
Hong Kong will host the third Wealth for Good in Hong Kong Summit on March 26, highlighting its role as a global wealth management hub....
Mar 27
Malaysia's e-payments surge in 2024
Malaysia is on track to meet its 2022–2026 Financial Sector Blueprint target as e-payment usage surged in 2024, the country's central...
Mar 26
BNP Paribas moves sustainability chief from Hong Kong to Singapore
BNP Paribas has appointed Eric Tran as chief sustainability officer for global banking APAC, relocating him from Hong Kong to Singapore....
Mar 24
Prudential to sell Taiwan unit to E.Sun
E.Sun Financial Holding Co will acquire a 91.2% stake in PGIM Securities Investment Trust Enterprise, Prudential Financial Inc’s Taiwan...
Mar 21
New faces lead Singapore’s insurance sector
Singapore’s insurance sector is seeing a wave of leadership changes, with new CEOs coming from both insurance and banking backgrounds,...
Mar 20
