03/02/2023
AIA Philippines completes acquisition of MediCard
The acquisition was completed after receiving all necessary regulatory approvals from the Insurance Commission (IC) and the Philippine Competition Commission (PCC).
Alternative Investments
03/01/2023
Investcorp expands globally, launches its presence in Japan
The opening of Investcorp’s Tokyo office will allow the firm to provide global alternative investment solutions in Japan
03/01/2023
KGI Asia Sage leverages Extramile to craft extraordinary wealth solution
By understanding clients' goals and unique aspirations, KGI Asia analyses the overall situation and recommends strategic asset allocations throughout all stages of their lives.
02/27/2023
Nomura : Asset Management Recognized in Asia Asset Management 2023 Best of the Best Awards
The Country Awards recognize asset managers and fund managers for their excellence within a specific country or region.
02/27/2023
Clime profits slide, poised for further M&A
Clime's NPAT has slid to $236,000 from $445,000 in its half-year results.
02/24/2023
HKEX Profit Falls With More Headwinds Ahead
At HKEX, we are looking at this horizon of opportunity.
02/23/2023
FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN
Bank Simpanan Nasional will continue to hold the remaining 30% stake ownership in Gibraltar BSN.
02/22/2023
Hamilton Lane opens sixth Asia office in Shanghai
Hamilton Lane’s other Asia offices are in Hong Kong, Seoul, Singapore, Sydney and Tokyo.
02/22/2023
Allianz Retire+ launches guaranteed retirement income product
The firm said the decision to launch the product followed feedback that retirees needed certainty of income, especially in volatile markets or market drawdowns.
02/21/2023
SBI Investment leads $28 million Series A in German fintech Pliant
The company also services other fintech firms with an embedded card platform that they can offer to thier clients.
02/20/2023
FWD Takes Majority Stake in Malaysian Insurer
FWD has signed an agreement for it and other investors to hold a 70 percent stake in Gibraltar BSN Life, according to an announcement.
02/20/2023
Allianz Posts Profit Growth in Asia
By business lines, life and health saw operating profit increase 20 percent to 532 million euros with strong profit increases in Taiwan, Malaysia, and China.
02/17/2023
Union Bank of the Philippines Marks PSEi return with a 12B SRO
Proceeds from the SRO will be allocated to support the growth of the Bank's various business segments and its wholly-owned subsidiary UnionDigital.
02/15/2023
Zurich wins group insurance mandate
TAL remains the insurer for the Suncorp super business, Brighter Super noted.
02/14/2023
BlackRock cuts Japanese stocks to ‘underweight’ on hawkish BOJ risks
Japan’s government is likely to appoint academic Kazuo Ueda as the next Bank of Japan governor when Haruhiko Kuroda’s second term ends in April, a surprise choice that could finally align the country with other major economies in raising inter
02/14/2023
Ex-Partner at Joe Tsai’s Family Office Starts Fund
Danny Lee looks to build team, raise money for private equity
02/14/2023
Hong Kong must seize opportunities with Middle Eastern investors eyeing mainland China market, top banker says
Standard Chartered’s Benjamin Hung says senior executives of sovereign wealth funds he met last week all agreed assets allocated to China ‘could be increased’
02/13/2023
China’s insurance asset management association registers product scale of over one trillion yuan
The index tracking e-commerce logistics activities reached 104.6 points, up 1.8 points from the previous month, bucking the trend of contraction for three consecutive months
02/10/2023
Sun Life CEO sees boost to Asian operations despite a year of COVID lockdowns
The boost in insurance and banking sales will also come from a new 15-year bancassurance partnership in Hong Kong with Dah Sing Bank DHSBF N/Ano change, as well as an extension to an existing bancassurance partnership in Indonesia, he said.
02/10/2023
AIIB launches US$130m venture capital programme for sustainable infrastructure
Through small-scale VC funds, AIIB aims to support early-stage companies across its members in adopting new technologies, or creating new business models that help promote sustainable infrastructure.