News

India has launched its ambitious $1.5bn Bharat Maritime Insurance Pool - BMIP, issuing its first batch of insurance covers as the government seeks to safeguard the country's maritime trade against worldwide disruptions and increasing risk premiums. The pool, which has...

AXA XL has set up an exclusive business unit for prevention, which reflects the increasing significance of risk mitigation and services in the commercial as well as the speciality insurance market. The new unit is AXA XL’s fifth business unit,...

GreenLife Insurance Acquired by Raise Financial Services Broking Private Limited, thereby marking the company’s entry into the insurance distribution expansion in India through a cash and stock transaction. The acquisition grows Raise Financial Services’ presence into more general financial services besides...

The largest alternative asset manager in Europe and a global leader with c.€300 billion of assets under management, BNP Paribas Asset Management Alts secured c.€3 billion of capital commitments for its dedicated Enhanced Commercial Real Estate Debt fund and its...

The Iran conflict, which has gone on to hurt economic prospects in the region that is extremely dependent on Middle Eastern oil, may as well go ahead and cause growing credit risk for Asia Pacific banks and again increase...

Key Takeaways AI revenue combines fixed subscriptions with variable usage and contract terms Pricing logic must be configurable outside of product code Revenue systems must handle multiple pricing dimensions simultaneously Finance teams require clear attribution of revenue sources Different...

A credit card that earns miles can be of great value for travelers, since those rewards can go toward free flights, airport lounge access, or upgraded hotel stays. The way credit card miles work is that you earn them...