Rising interest rates, competition from ‘Super-apps’, and consumer preference for better service are challenging the growth of bancassurance in Southeast Asia.
Bennelong Funds Management will partner with ILS specialist Leadenhall Capital Partners to promote and distribute insurance-linked securities to institutional investors.
A report by consultants Capgemini show the population aged over 50 is projected to double from 1990 to 2050 — with life insurers facing the prospect of substantial AUM outflows to beneficiaries.
The purchase will strengthen bolttech's operations in Europe, Asia, and Africa, including expansion of its footprint to four new countires: Poland, Croatia, Lithuania, and South Africa.
MAS unveils comprehensive guidelines for financial institutions — including insurers — encouraging long-term perspectives and engagement with stakeholders in the transition to a net-zero economy.
After a legal dispute spanning over two years, the insurers withdrew their appeal against a business interruption claim by Le Meridien Phuket resort, paving the way for potential recovery of several million...
