HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say August 12, 2026 By Selena Li and Sumeet Chatterjee HSBC’s global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the...
AIA Group to Buy Life Insurance Business of Bank of East Asia March 24, 2021 By Sumeet Chatterjee Hong Kong-based insurer AIA Group has entered into an agreement to buy the wholly-owned life insurance unit of Bank of...
UK Insurer Aviva to Sell Vietnamese Business to Canada’s ManuLife December 14, 2020 By Carolyn Cohn and Sumeet Chatterjee British insurer Aviva PLC is selling its Vietnamese business to Canadian insurer ManuLife Financial Corp, it said on Monday, as...
Retail Investors Placed Bids for Record $3 Trillion of Shares in Ant Group’s IPO November 2, 2020 By Julie Zhu and Sumeet Chatterjee Retail investors placed bids for a record $3 trillion of shares in Ant Group Co. Ltd.’s dual listing in an...
China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining March 12, 2020 By Sumeet Chatterjee and Cheng Leng Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions February 10, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Finance, Insurance Sector ‘Wins’ in U.S.-China Trade Deal Seem Familiar January 15, 2020 By Michelle Price and Sumeet Chatterjee The long-awaited U.S.-China trade deal touted wins for U.S. companies looking to access China’s $40 trillion financial sector, but many...
Hong Kong Financial Firms Fear Potential Beijing Interference in Contracts December 16, 2019 By Sumeet Chatterjee When China’s top legislature criticized a Hong Kong court’s rejection of a face mask ban there, some global firms began...
Hong Kong Financial Services Firms Concerned for Staff Safety as Protests Escalate November 13, 2019 By Scott Murdoch and Sumeet Chatterjee Finance firms in Hong Kong urged staff on Wednesday to seek safety or work from home as anti-government protests paralyzed...