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News
China moves to raise insurer capital bar fivefold in biggest insurance law rewrite since 2015
1+ week, 1+ day ago (697+ words) Insurance Business China moves to raise insurer capital bar fivefold in biggest insurance law rewrite since 2015 Beijing's financial regulator wants insurers to hold five times more capital to operate, open the door to equities and gold, and give itself sharper…...
New China Life bancassurance margins fall amid rule risks
1+ week, 3+ day ago (241+ words) Overall new business value declined 8% year on year in the second quarter. New China Life Insurance faces pressure from weaker equity markets and regulatory changes affecting its bancassurance business, which could weigh on earnings in the second half of 2026. The…...
Singapore's CFO confidence crash conceals a broker opening
2+ week, 4+ day ago (890+ words) The real value in Kyriba's Singapore numbers is not the treasury-software pitch behind them. It is the audit checklist they hand anyone heading into a client renewal this quarter, since every gap the data describes maps onto a coverage question…...
Marco Capital agrees acquisition of Pro Global to expand insurance business
3+ week, 2+ day ago (293+ words) Marco Capital has agreed to acquire insurance services provider Pro Global, in a deal that will combine the business with its existing PoloWorks platform. Read: BMS agrees sale of US reinsurance business to Willis Re The acquisition, which remains subject…...
Marco Capital to merge PoloWorks with Pro Global
3+ week, 3+ day ago (488+ words) Marco Capital, the P&C legacy consolidator and parent of PoloWorks, has agreed to acquire Pro Global, subject to regulatory approval, in a deal that will combine the two into one of the industry's largest specialist insurance services businesses spanning…...
Hong Kong’s insurance sector is quietly concentrating in one postcode
3+ week, 3+ day ago (654+ words) Insurance Business Hong Kong’s insurance sector is quietly concentrating in one postcode The timing, alongside sweeping commission reforms, is not coincidental Within 12 months, two major insurers have made substantial long-term office commitments to the same commercial precinct in Hong Kong…...
China advances push for sectoral insurance pools - Chinadaily.com.cn
3+ week, 5+ day ago (462+ words) China advances push for sectoral insurance pools China Daily China advances push for sectoral insurance pools China is exploring the use of insurance pools to provide coverage in a range of cutting-edge technology fields, with the aim of improving risk-sharing…...