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Financial Lines tag returned 79 results

  • Opportunities and risks in financial innovations

    International Monetary Fund (IMF) managing director Ms Christine Lagarde has said "Asia, like the rest of the world, is facing a defining moment: How to manage the risks of fintech without suffocating innovation; how to keep up with rapid fintech innovation, while making sure consumers and investors feel secure in their investments.

    Asia Risk | 12 Jun 2019
  • D&O liability insurance business on verge of take-off

    Among the more than 3,600 listed companies in the current A-share market, fewer than 300 currently acquire D&O liability insurance. In contrast, the insurance coverage rate is over 96% for listed US companies.

    China | 07 Jun 2019
  • C-level executives major targets of 'social engineering' attacks

    The 12th edition of Verizon Data Breach Investigations Report (DBIR) released in May 2019, is built on real-world data from 41,686 security incidents and 2,013 data breaches provided by 73 data sources, both public and private entities, spanning 86 countries worldwide.

    Asia Risk | 15 May 2019
  • Healthcare and financial services face the greatest impact from cyberattacks

    Hospitals and banks potentially face the greatest financial impact from cyberattacks and this could lead to a weakened credit profile of the institution.

    Asia Risk | 10 Apr 2019
  • Zheshang P&C Insurance continues to post big losses

    Hangzhou-based Zheshang Property and Casualty Insurance, which was at the heart of a multimillion yuan bond default debacle which erupted in late 2016, has reported net losses of CNY792m ($118.5m) for 2018.

    China | 22 Mar 2019
  • China: Central bank proposes new deposit insurance agency

    The financial stability bureau of China's central bank has presented a proposal to lawmakers to establish an independent deposit insurance agency covering financial institutions that accept deposits from the public.

    Asia | 19 Mar 2019
  • Australia: Divestment of life insurance business leads to lowered ratings

    S&P Global Ratings has lowered ratings on AMP, its subsidiaries and associated debt issues with AMP's ratings being downgraded to 'A-' from 'A'. This indicates the weakened individual credit strengths of AMP Life and the support it lends to the group credit profile.

    AIRPlus | 05 Mar 2019
  • Pacific: Region shows biggest insurance pricing increases in 4Q2018

    Overall insurance pricing in the fourth quarter of 2018 in the Pacific region, of which Australia is the biggest market, increased by 16% in the fourth quarter of last year, continuing a trend dating to 2016.

    Asia | 27 Feb 2019
  • Turkey: Medium-sized firms to join govt credit insurance scheme later

    Medium-sized businesses are to be included later in a state backed receivables insurance scheme which was launched last month and currently caters to small and micro sized enterprises.

    Middle East | 21 Feb 2019
  • Beijing urges removal of barriers to financing private enterprises

    The General Office of the Communist Party Central Committee and the General Office of the State Council yesterday jointly issued a statement on boosting financial services to the private sector, which is a vital contributor to the Chinese economy and which is currently struggling with debt guarantee tangles.

    China | 15 Feb 2019

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