Parents in China, including Hong Kong, recognise the challenges of the AI era but are underprepared for their children's future development, according to a new survey by Prudential Hong Kong.
Bajaj Finserv, one of India's largest financial services companies, has completed the acquisition of 23% stake in its insurance subsidiaries -- Bajaj General Insurance and Bajaj Life Insurance -- from Allianz SE.
APAC-based insurers are preparing to take on higher levels of investment risk over the next two years.
The National Financial Regulatory Administration (NFRA) has issued regulations governing the information disclosure practices of banks and insurance companies in relation to asset management, to strengthen the protection of investors' legitimate rights and interests.
What began as a strategic investment has turned into one of China's most closely watched corporate fallouts.
The main drivers of increased technology spending on asset liability management are regulatory demands, including heightened requirements for stress testing, solvency reporting, and risk disclosures, according to research from international FinTech company Clearwater Analytics (CWAN).
The UAE government has issued a new Federal Decree-Law amending key provisions of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, providing clearer mechanisms for calculating and settling corporate tax obligations.
Nippon Life Insurance announced on 15 December that it will acquire Medical Data Vision (MDV), a medical data analytics company, for JPY56.8bn ($384m). The tender offer, priced at JPY1,693 per share-a JPY1,231 premium over the closing price on 12 December-will run from 16 December to 3 February 2026.
India's Union Cabinet has approved a Bill which contains a provision to increase the foreign direct investment limit in insurance companies to 100% from the present cap of 74%. The Bill, cleared on 12 December by the Cabinet, covers several other amendments.
The National Financial Regulatory Administration (NFRA) has issued a notice to the insurance industry, reinforcing policies that encourage the long-term investment of capital.