News

Southeast Asia’s only full-stack AI insurtech company, Igloo that builds the operating system for insurance, on June 5, 2026 announced a strategic alliance with Chubb Life Insurance Vietnam Company Limited and PT Chubb Life Insurance Indonesia - Chubb Life so as to provide insurance coverage...

America’s biggest financial institutions are getting ready for a major blockchain initiative that could dramatically change future forms of banking and digital payments. Joint tokenized network by US Banks mainly, Bank of America and Citigroup, along with JPMorgan Chase are aimed...

Wall Street’s securities watchdog is all set to be paid by Franklin Templeton’s Western Asset Management a $100 million civil penalty to settle an inquiry into one of its previous star bond investors, Ken Leech. Apparently, besides the $100 million civil penalty,...

The investment arm of German insurance giant Allianz – Allianz Global Investors – said it was in exclusive talks to buy UOB Asset Management for $467mn or an estimated $600mn. If it goes through, it would be among the...

In a recent development, to elevate the finance sector of Uzbekistan, the Association of Chartered Certified Accountants - ACCA has inked memorandums of understanding - MoUs with the Ministry of Economy and Finance in addition to the central bank of the...

In a recent move, some Japanese financial institutions have been given access to GPT-5.5, which is a model by U.S. artificial intelligence company OpenAI, in order to safeguard against cyberattacks, Satsuki Katayama, the Japanese finance minister, said on ‌May 29, 2026, after...

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...