Rising medical costs, increased premium hospitalisation for heart ailments, and a surge in lifestyle diseases are putting pressure on India’s health insurance premiums, said Sharad Mathur, MD & CEO of Universal Sompo. He noted that while insurers are facing growing claims, premium hikes must be backed by data and not driven by short-term cost pressures….
Republican opposition to the GOP’s “big, beautiful” reconciliation bill appeared to be softening Wednesday night after President Donald Trump and White House budget director Russ Vought spent hours meeting with party holdouts during procedural votes that party leaders held open. House leaders have no desire to change the contents of the Senate-passed bill, which would…
Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore commercial city with the nation’s offshore financial hub. The two cities will expand the decade-old connect programme linking the stock markets of Shanghai…
Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore commercial city with the nation’s offshore financial hub. The two cities will expand the decade-old connect programme linking the stock markets of Shanghai…
Jun 6, 2025 Manulife (International), the largest pension provider in Hong Kong, has announced its plan to redomicile from Bermuda to Hong Kong in November. This decision, outlined in a notice sent to customers, underscores the company’s confidence in Hong Kong’s standing as a global financial center. The move positions Manulife (International), a subsidiary of…