2+ day, 8+ hour ago   (663+ words) South Korea’s top financial regulator has reduced a proposed 140 billion won penalty against Tongyang Life Insurance to 7 billion won, following a legal reinterpretation of how the insurer shared customer data with its own sales arm. The decision sits within a…...

3+ day, 15+ hour ago   (180+ words) The Financial Services Commission has decided to impose a fine of 7 billion won on Dongyang Life Insurance, which provided customers' personal credit information to its subsidiary corporate insurance agency (GA) without consent. Initially, the amount of fines calculated by the…...

3+ day, 17+ hour ago   (94+ words) Intelligent Insurer - Malaysian non-life market resilient despite persistent motor losses: AM Best Malaysia’s non life insurance market recorded stronger underwriting results in 2025, but motor insurance remained loss making for a fourth consecutive year. To request a FREE 2-week trial subscription,…...

3+ day, 21+ hour ago   (203+ words) The amount Raised From 21 Anchor Investors at upper price band of Rs139 per equity share Mumbai, 9 September, 2026: Asset Reconstruction Company India Limited has allotted 1,58,19,583 equity shares to 21 anchor investors at Rs 139/- per Equity Share (including share premium of Rs 129/- per Equity…...

5+ day, 4+ hour ago   (365+ words) The National Insurance Commission has commenced the formal winding-up of NICON Insurance Limited following the cancellation of the insurer’s registration over its failure to meet the minimum capital requirement for its licence category. The commission appointed Chukwuma-Machukwu Ume, SAN, as…...

5+ day, 5+ hour ago   (425+ words) Anabelle Colaco 08 Sep 2026, 09:26 GMT+10 BEIJING, China: China is moving ahead with a combined US$54 billion capital boost for major state-owned banks and insurers, with the finance ministry leading the effort to strengthen capital across the country's financial system. China Life…...

5+ day, 3+ hour ago   (251+ words) Bar and Bench Khaitan & Co has advised NIIF on the first closing of NIIF Infrastructure Fund II, its second flagship infrastructure fund, with aggregate commitments of ₹19,000 crore (~$2 billion)..The Firm acted as the lead fund counsel and advised NIIF…...

5+ day, 18+ hour ago   (243+ words) South Korea’s Shinhan Life Insurance announced on Sept. 7 that it has introduced an upgraded fraud detection system designed to identify suspicious transactions in real time. The life insurer noted that the new fraud detection system (FDS) analyzes customers’ access and…...