OneConnect Financial Technology Co., Ltd. ('OneConnect' or the 'Company') (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today ...

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 ...

Bank of Cyprus signed an agreement to buy Ethniki Insurance Cyprus for 29.5 million euros ($33.5 million) in cash as it seeks to diversify its revenues as interest rates come down. The Cypriot ...

(From left to right): Ant Bank Hong Kong chief executive Yvonne Leung; AlipayHK CEO Venetia Lee; AXA Greater China CEO Sally Wan; and AXA Hong Kong and Macau chief life and health insurance ...

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 ...

Bank depositors are covered by the DICGC's insurance scheme up to Rs 5 lakh per account. Strategically distributing deposits across various banks can enhance coverage, as personal accounts ...

Three individuals, including two from Delhi and one from Raviwar Peth, were arrested for allegedly defrauding a retired bank manager of Rs2.3 crore in an online insurance scam. The suspects ...

Hellenic Bank is expected to finalise its acquisition of CNP Cyprus Insurance Holdings Limited by the first quarter of 2025, according to a report from Stockwatch. The deal, valued at €182 ...