The staff of the International Monetary Fund has recommended an expansion of the Fund’s emergency reserves by $650 billion, given higher financing needs of its members in the wake of the global pandemic
AXA has announced it will be working with Microsoft to build a digital healthcare platform that seeks to widen the reach of healthcare globally.
The Chinese government's modest growth target of above 6% for 2021 and greater focus on longer-term issues are positive for the sovereign's credit quality, according to a new report from Moody's Investors Service.
Allianz (China) Insurance Holdings has received approval from the country’s banking and insurance regulator to establish a wholly-owned insurance asset management company.
Total piracy incidents in Asia have risen by 17% for 2020, marking the highest level in five years, according to an international watchdog. The number of actual incidents also rose by 32%.
In the US, about 60% of young adults lost their jobs or lived with someone who did since the outbreak of the pandemic and nearly 40% expected to lose their job in the next month...
Many COVID-19 survivors are likely to be at greater risk of developing mental illness, psychiatrists said on Monday, after a large study found 20% of those infected with the coronavirus are diagnosed with a psychiatric...
The Australian Securities and Investments Commission (ASIC) has updated its information sheets on unfair insurance contract terms protections for consumers and small businesses, following the government’s enactment of the Financial Sector Reform Act 2020.
It’s once again time to reveal the world’s top 100 brands, courtesy of the Interbrand Best Global Brands Ranking.
Despite the impact of the COVID-19 pandemic on dealmaking, the global M&A market has recorded its first positive performance in three years for completed deals, according to a report by Willis Towers Watson.
The ranking of pandemics and infectious diseases shot up to the top spot for 2020, with 56% of the over 2,700 risk experts surveyed naming it as a major emerging risk. In 2019, it was...
The restructuring initiative marks the first revision of the 22-year-old scheme covering urban employees— one of the key pillars of the country’s state-backed social safety net. Changes discussed for more than a decade will alter...
Specialist insurer Ecclesiastical has launched an online hub to help its education clients manage strategic and operational risks.
South China Morning Post (SCMP) has released its China Healthcare Report 2020, which features the latest innovations and trends expected to impact the global market, as well as reforms that will reshape the country’s domestic...
The Hong Kong Legislative Council has passed a measure that will reduce profits tax on several insurance businesses, a move that seeks to grow the insurance sector by stimulating investment.