The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand (ICNZ) have formalised a new strategic partnership by signing a memorandum of understanding (MoU). This agreement establishes the Resilient Insurance Markets Initiative, an institutional framework designed to address escalating vulnerabilities across the trans-Tasman insurance sector. The pact formalises the long-standing relationship that […]

International wealth, trust and family office advisory firm Lioner International Group Limited has established a new corporate base in Zurich, Switzerland. The opening marks the consortium’s inaugural expansion outside the Asian market and coincides with the fifth anniversary of the company’s founding. Operating from the new Swiss location, the firm intends to provide support to […]

The volume of cash currency held by the public outside the formal banking network in Bangladesh has registered a fresh increase, raising operational concerns within the financial sector. Financial analysts and policymakers view this ongoing development as a problematic signal for the broader macroeconomic framework. According to sector evaluations, the primary driver behind this accelerating […]

The Singapore-based insurance technology company, Igloo, has officially launched an artificial intelligence-powered travel insurance sales assistant in Indonesia. The new digital tool is designed to manage the entire purchasing journey, covering everything from the initial product discovery stage to the final issuance of the policy, within a single conversational interface. The virtual assistant, named Igi, […]