AIA to invest $58mn in Philam Life to boost Philippines life insurance
The funding will be used to hire and train 5,000 full-time financial advisors who possess basic industry knowledge...
Category : Insurance
Dewa M-Station project is the largest power and desalination plant in UAE
The project’s extension in Jebel Ali cost Dh1.527 billion and has new generating units with a total capacity of 700MW...
Allianz buys 19.21% stake in Thailand’s Sri Ayudhya Capital for $95 million
The acquisition will benefit local customers and reflects Allianz’s strategy to strengthen its presence in Thailand...
Kenya’s largest microfinance company targets east and central Africa
CIC Insurance is keeping track of Prime Minister Abiy Ahmed’s efforts to improve Ethiopia's financial services sector...
Muang Thai Life Assurance hopes to become “Everyday Life Partner” through innovative solutions
The company has introduced a new business strategy under the concept: "MTL Everyday Life Partner” to innovate life and health solutions for its customers...
CAMRADATA launches an advised search service for insurance industry
CAMRADATA, a leading provider of data and analysis for institutional investors, has partnered with PiRho Investment Consulting Ltd. to launch a new Advised Search Engine, especially for the insurance industry...
How this Thai company is helping the poor escape the loan shark trap
Despite outward signs of prosperity, a burgeoning middle class and one of the lowest rates of unemployment in the world at less than 1%, Thailand is ranked the world’s third most unequal nation after Russia and India, with a constantly widening gap between rich and poor. [1] In 2014, eight million households or one third...
Kingdom Trust secures crypto insurance through Lloyd’s of London
With the rise of investments in cryptocurrency market, Kingdom Trust, which has $12 billion in assets, is boosting protection to companies that are largely focused on digital assets...
The Hartford signs agreement to acquire Navigators, a global specialty underwriter
The transaction has been approved by the boards of directors of both companies and is subject to approval by Navigators’ shareholders and other customary closing conditions, including regulatory approvals...
Insurance commissioner informs residents to be aware of unlicensed contractors
The most common fraud schemes that occur in the aftermath of a disaster generally involve price gouging, offers of debris removal and fraudulent charitable solicitations...