Most of SMEs in Singapore are not supplementing their digitalisation strategies with adequate protection measures nor tapping into the support available to them according to a new survey conducted by QBE Singapore.
The savings of India's public - channeled through life insurers, provident and pension funds - are increasingly getting ploughed into long-term debt, leading to a structural change in the costs of borrowing for Prime Minister Narendra Modi's government, reports Bloomberg.
The head of the Insurance Brokers Association of Ghana (IBAG) has said that it is time for the industry to re-strategise their business model to avert a possible funding crisis arising from their participation in the Domestic Debt Exchange Programme.
Life Insurance Corporation of India (LIC), India's largest insurance company, is moving towards limiting its debt and equity exposure to companies, according to an exclusive report by Reuters which quoted two sources.
The Life Insurance Department of the CBIRC is reported to have held a forum with the Insurance Association of China and representatives of more than 20 insurance companies to discuss liability costs and asset-liability management in the life insurance industry.
The Dajia Insurance Group has established its first private equity investment fund targeted at the healthcare and pension sectors. The fund size is CNY5bn ($733m)
The insurance sector in Taiwan has the highest exposure to Credit Suisse at NT$108.2bn ($3.6bn) as of the end of January 2023, according to data from the Financial Supervisory Commission (FSC).
AI chatbot, ChatGPT, is creating sensations and breaking barriers in different industries, and even giving financial advice to people. But can it really replace human financial advisors?
Someone in poor health or with medical problems should have an entirely different plan from a person who is healthy, said certified financial planner Carolyn McClanahan.
Despite US insurance companies' minimal exposure to bonds issued by the now-shuttered Silicon Valley Bank (SVB), the failure highlights for insurers the importance of managing enterprise, asset-liability and liquidity risks, according to an AM Best commentary.