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Allianz to acquire HSBC’s Singapore insurer in $2.1 billion deal

Allianz to acquire HSBC’s Singapore insurer in $2.1 billion deal

by AIP Online Bureau | Jul 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life

“Singapore serves as our Asia-Pacific headquarters and is central to our global growth strategy,” Baete said in the firm’s release on Friday. Singapore “is a nation that cares deeply about the well-being of its people.” Allianz SE agreed to buy HSBC Holdings Plc’s...
IRDAI drops plans to tweak existing bancassurance rules for curbing mis-selling by insurers

IRDAI drops plans to tweak existing bancassurance rules for curbing mis-selling by insurers

by AIP Online Bureau | Jul 2, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life

(L to R)-R Venkatachalam Iyer, MD & CEO Tata AIA, Amit Jhingran, MD & CEO SBI Life, Piyush Pandey, advertising professional, Swaminathan Iyer, member, Life, IRDAI, Kamlesh Rao, MD&CEO,ABSLI, RK Patnaik, MD, LIC, Rushabh Gandhi, MD&CEO India First at an...
“IndiaFirst Life is progressively becoming a multi-channel distribution player in the industry.”

“IndiaFirst Life is progressively becoming a multi-channel distribution player in the industry.”

by AIP Online Bureau | Jun 19, 2025 | Banking & Bancassurance, Interviews, Life, Regulation

Varun Gupta, President & Chief Distribution Officer (CDO) – Bancassurance, IndiaFirst Life Though role of Bancassurance has grown significantly in the Indian life insurance industry, IRDAI, Insurers and banks need to continue to work together to enhance customer...
Reliance Nippon Life starts negotiation with IndusInd Bank on bancassurance tie up

Reliance Nippon Life starts negotiation with IndusInd Bank on bancassurance tie up

by AIP Online Bureau | Dec 18, 2024 | Banking & Bancassurance, Indian News, Life

“Bancassurance was a missing link in our structure and we have started exploring the possibility with IndusInd Bank and we are already in dialogue to strike a win-win deal for all stakeholders,” Reliance Nippon Life Insurance CEO Ashish Vohra Mumbai:...

DBS looks for bancassurance partnership in India and Taiwan

by AIP Online Bureau | Sep 11, 2024 | Banking & Bancassurance, Intermediaries, International News, Life, Non-Life

The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential bancassurance agreements for those markets, the people said, asking not to be identified because the deliberations are private DBS Group Holdings Ltd. is considering forming...
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