Insurance

Pandemic have-a-go investors force shake-up in UK wealth market

The explosion in DIY investing since the start of the pandemic has led to a scramble among Britain's more traditional…

4 years ago

China Evergrande braces for debt deadline after doubting ability to pay

After lurching from deadline to deadline, China Evergrande Group (3333.HK) is again on the brink of default, with pessimistic comments from the…

4 years ago

Grab’s $40 bln Nasdaq debut to set tone for Southeast Asian tech listings

Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger…

4 years ago

Singapore bank DBS suffers two-day tech outage, c.bank mulls supervisory action

Singapore's central bank said on Wednesday that it will consider taking "supervisory action" on DBS Group Holdings Ltd (DBSM.SI) after the Singapore…

4 years ago

Risky business: Climate change turns up the heat on insurers, policyholders

Tony and Jhan Dunn never thought they would leave California, where they grew up, built a life together and planned…

4 years ago

Regulators warn Wells Fargo of new possible sanctions -Bloomberg

Frustrated at the pace of Wells Fargo & Co's (WFC.N) efforts to compensate victims of its sales practice scandals, U.S. regulators have…

4 years ago

Ida’s insurance impact likely to be boosted by pandemic pricing

Insurers are bracing for $15 billion to $30 billion in claims from Hurricane Ida, but the figure could jump higher,…

4 years ago

HSBC snaps up Axa Singapore assets for $575 mln in Asia expansion

HSBC Holdings (HSBA.L) has agreed to acquire French insurer Axa's (AXAF.PA) Singapore assets for $575 million, part of its strategy of scaling up its…

4 years ago

Analysis: Extreme weather sounds alarm for under-insured China

Devastating summer floods in the populous province of Henan in central China are a wake-up call for local authorities to…

4 years ago

Wolfsburg, we have a problem: How Volkswagen stalled in China

In late December 2019, managers at Volkswagen (VOWG_p.DE) headquarters in Wolfsburg realised they might have a serious problem in China, the company's…

4 years ago