The Central Bank of the UAE (CBUAE) has imposed administrative and financial sanctions on five insurance brokers operating in the UAE, pursuant to Article (14) of the Decree Federal Law No. (20) of ...

The total amount of catastrophe claims is included in Insurance service expenses and amounts related to reinsurance coverage are included in Other income (loss) on the Bank's Consolidated ...

Kyobo Life Insurance has decided to acquire 50% plus one share of SBI Savings Bank for 900 billion won. Kyobo Life Insurance held a board meeting on the 28th and resolved to gradually acquire 50% ...

Bank deposit insurance is a foundational safety net designed to protect depositors—the primary providers of capital to banks. It plays a crucial role in maintaining public trust and ensuring ...

The company did complied with the licensing terms and conditions set by CBUAE Abu Dhabi: The Central Bank of the UAE (CBUAE) has revoked the Dubai-based Dynamics Insurance Brokers license after an ...

ABU DHABI - The Central Bank of the UAE (CBUAE) has revoked the licence of Dynamics Insurance Brokers, pursuant to the Article 22 (2) of the Insurance Authority Board of Directors Resolution No. 15 of ...

New India Co-operative Bank scam: Days after the Reserve Bank ... the government is actively considering raising the deposit insurance scheme limit beyond Rs 5 lakh "As and when the government ...

Currently, all scheduled bank deposits are insured by the Deposit Insurance System, an initiative by the Bangladesh Bank to insure customer deposits up to Tk 100,000. This essentially means that ...

TORONTO, Feb. 7, 2025 /CNW/ - TD Bank Group ("TD" or the "Bank") (TSX: TD) (NYSE: TD) announced today that it expects zero catastrophe claims after reinsurance and before tax to be reflected in the ...

Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC network. Before you open an account at a bank or credit union, it’s wise to verify that the ...

vide its letter dated 21st November 2024 has approved the bank's entry in the insurance business through a joint venture with Generali group under FGIICL and FGILICL, subject to continuous compliance ...

WASHINGTON — Consumer Financial Protection Bureau Director Rohit Chopra is asking Congress to reconsider deposit insurance limits after the failure of an Oklahoma bank will likely cause some to take a ...