Company News

Protective Life Corporation, a subsidiary of Dai-ichi Life Holdings, has agreed to acquire automotive finance and insurance provider AUL Corp.

Blink Parametric, a CPP Group Insurtech, has partnered with MNK Re, a specialist Lloyd’s of London insurance and reinsurance broker to expand its offerings.

Prudential Financial, in partnership with LeapFrog Investments Group, is to acquire a strategic minority interest in Alexander Forbes Group Holdings, a provider of financial advice, retirement, investment and holistic wealth management services in South Africa.

The US Securities and Exchange Commission has put forward rule changes to require registrants to include certain climate-related disclosures in their statements and reports.

KYND, a provider of cyber risk management technology, has extended its partnership with insurance and reinsurance broker Howden Broking.

The pandemic has allowed Big Tech companies such as Google and Amazon to strengthen their grip on financial services, according to The Financial Stability Board.

NICE Actimize has launched its X-Sight Entity Risk SaaS solution, which produces a single risk score that enables a financial institution to get a deeper understanding of clients.

A recent study by RFI Global has found that consumers worldwide are turning to buy now, pay later (BNPL) as a more responsible way to manage their purchases and cash flow.

The Reserve Bank of India (RBI) has directed Paytm Payments Bank to stop onboarding new customers due to ‘certain material supervisory concerns’ observed in the bank.

The Monetary Authority of Singapore (MAS) has signed a memorandum of understanding with non-profit CDP to promote sustainability disclosures access to quality ESG data.