Insurance

Being one of the top 10 French brokers, Finaxy has positioned itself in market segments and...

With an array of services and products, the insurance provider will go public and tap into...

The listing carves a significant position as the largest UAE debt issuer on Nasdaq Dubai

The complete deal will position Allianz in the top 3 insurers in property and casualty insurance...

Orient Insurance, one of the largest insurers in the United Arab Emirates, has announced to postpone...

Innoveo, a Zurich-based global technology provider has come into partnership with Sidani Innovative Management Services DMCC...

Credit insurance is an effective financial risk management that protects businesses and companies against losses from...

In an announcement today, world’s leading insurance technology platform Trov declared to partner with Seguros Sura Brazil to bring...

Global financial markets are feeling the pain from the Covid-19 pandemic crisis with further warning that...

 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50%  stake to fully own the company as China gears up its markets by removing foreign ownership  restrictions on foreign funded insurance companies.   This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan  to boost the company’s business and enhance its investments and capital to Asia. In a  statement, Quinn tells that they are trying to make steps in their growth strategy, despite the  coronavirus pandemic, and that the transaction will help boost the ambition of accelerating  growth in their Asian franchise and further extend their capabilities in wealth.   As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its  focus on growth markets such as mainland China and Hong Kong.   After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums,  and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign  fully-owned insurers in mainland China. China opened its asset-management markets for wider  foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.