UK regulator to impose ban on insurance companies due to pricing issues
The ban will prevent companies from charging additional fees for existing customers compared to the new ones...
Tag : insurance
China’s general insurance industry to grow by 3.8% in 2020
The slowdown in growth is mainly attributed to the coronavirus pandemic...
What you need to know about automation
Banks and insurance companies are seeking complex automation to streamline tasks—but first they must ensure governance is in place...
Bank of Bahrain and Kuwait implements digital transaction banking platform
The platform would benefit the Bank of Bahrain and Kuwait in terms of cost to provide innovative services for corporate clients...
Aviva sells 75% of its Singapore business to rival Singlife
The deal is expected to be completed in 2021...
Thailand-based insurtech Sunday raises $9 mn to expand in SE Asia
The funding round is led SCB 10X, the venture capital arm of the Siam Commercial Bank...
UAP reports Sh57 mn loss in H1 2020
The insurance firm reported a profit of Sh 517million in the same period last year...
Indonesian insurtech PasarPolis secures $54mn in Series B funding
Investors such as LeapFrog Investments, SBI Investment, and Xiaomi participated in the funding round...
China approves BlackRock, Temasek and CCB wealth management JV
The announcement was made on the website of the China Banking and Insurance Regulatory Commission (CBIRC)...
Chinese insurance company Waterdrop secures $230 mn funding
The investment round was led by Swiss Re and returning investor Tencent...