Life insurance in Thailand set for record growth
Life insurance in Thailand is set to grow at a rapid rate of 10% a year over the next decade driven by an ageing population, according to Allianz.
Life insurance in Thailand is set to grow at a rapid rate of 10% a year over the next decade driven by an ageing population, according to Allianz.
Australian supermodel Miranda Kerr has handed over $8.1m (£6.4m, €7.2m) worth of jewellery to US authorities that she allegedly received from former boyfriend Jho Low, a person of interest in the 1MDB scandal.
Specialist China and Asian markets asset manager Harvest Global Investments has become the first firm to qualify funds for the Switzerland-Hong Kong Mutual Recognition of Funds (MRF) scheme.
Hong Kong’s newest regulator, the Insurance Authority, was officially launched on Monday, replacing the Office of the Commissioner of Insurance (OCI) which was disbanded on the same day.
A unit of Singapore-based tech firm Silverlake Axis has won a contract to develop a digital platform for life insurance and takaful providers in Malaysia.
Swiss private bank Edmond de Rothschild has been fined nearly €9m (£7.9m, $10m) by Luxembourg’s financial regulator for its handling of funds reportedly linked to beleaguered sovereign wealth fund 1Malaysia Development Berhad.
India’s Nifty 50 index has been steadily climbing this year, hitting an all-time high of 9,675 earlier this month, but can it breach the 10,000 barrier?
Wealth and asset managers give their views on the implications of the MSCI inclusion of A-shares and where they find investment opportunities onshore.
MSCI has finally included China A-shares in its emerging market indices, but the decision seems long overdue.
Five Asian and three European cities were among the 10 most expensive places for expats to live, with the dubious honour of being the most expensive bestowed on the capital of Angola.
A preference for local investment products limits investor allocation to feeder funds, according to industry sources.
Largely within expectations, the MSCI will add Chinese A-shares to its emerging markets indices starting in May next year – a symbolic rather than impactful move in the short run.