First announced in January, Canara HSBC Life’s board-level committee is set to review key terms for its debt‑fundraising at a meeting scheduled for 6 March.
Following a series of failed bids, Zurich has now agreed terms to create a specialty insurance business with about US$15bn in annual gross written premiums.
Despite headwinds from interest rate normalisation and yen depreciation pressures, Japanese life insurers continue to demonstrate sound fundamentals and broadly stable premium levels.
A strategic review of HSBC’s Singapore insurance manufacturing business appears to be picking up pace, as the group is said to be seeking buyers for the unit while retaining its local distribution net...
The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...
In terms of regional variation, Chinese and Southeast Asian insurers leaned more heavily on equity markets, while Japanese carriers led debt issuance. Australian insurers adopted a mixed approach, accessing...