Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.
Related Posts
Regulators weigh bringing insurance surety bonds under RBI’s CRILC
Financial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and rating agencies a clearer view of corporate leverage. Currently, these contingent liabilities often escape regulatory reporting requirements. Many government departments now accept these bonds instead of traditional bank guarantees. Expanding the database will strengthen…
Galada Power & Telecommunication reports standalone net loss of Rs 0.14 crore in the June 2026 quarter
Reported sales nil
Global Market: HSBC to sell Singapore insurance business to Allianz in $2.09 billion deal
HSBC will sell its Singapore life and health insurance business to Allianz. This deal values the unit at S$2.7 billion and is expected to close in early 2027. The transaction will generate a pre-tax gain for HSBC and improve its capital ratio. Allianz gains a stronger presence in Singapore’s insurance market through this acquisition. HSBC…
