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10.11.26 - 10:06
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Richard Li′s FWD sets world record with sale of US$318m life insurance policy (SCMP)
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FWD Private (Bermuda), a unit of Hong Kong-listed FWD Group founded by billionaire Richard Li Tzar-kai, has set a new Guinness World Record by selling a US$318 million life insurance policy, the companies said in separate announcements on Tuesday.
The record-breaking sale surpasses the previous record of US$300 million set by Manulife Singapore in February this year. Previously, HSBC Life Hong Kong sold a world record US$250 million life policy in early 2024.
FWD did not name the client but said......
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10.11.26 - 08:54
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Banken: Mieten ziehen deutlich an - ′Lage spitzt sich zu′ (DPA-AFX)
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BERLIN (dpa-AFX) - Angesichts des großen Mangels an Wohnraum ziehen die Mieten in Deutschland kräftig an. Im dritten Quartal stiegen die Neuvertragsmieten in Mehrfamilienhäusern um 3,5 Prozent gemessen am Vorjahresquartal, zeigen Zahlen des Verbands Deutscher ......
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10.11.26 - 08:00
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People and partnerships power Hang Seng′s fintech innovation (SCMP)
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[The content of this article has been produced by our advertising partner.]
From AI-powered investment tools to a table tennis challenge against a robot, Hang Seng Bank brought technology to life at Hong Kong FinTech Week 2026. The bank marked its debut at the annual gathering of financial and technology leaders with a dedicated exhibition booth.
Held at the Hong Kong Convention and Exhibition Centre on 2–3 November, the event gave Hang Seng a platform to engage customers, industry partners and......
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10.11.26 - 07:00
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$69.3 billion IPO? Anthropic shares price details with banks, then retracts (Times of India)
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Anthropic, an artificial intelligence company, has announced plans for an initial public offering expected soon. The IPO could raise nearly $70 billion, although pricing details have been retracted. In addition to public offerings, Anthropic lined up private placements with major tech firms like Google and Microsoft. The company reported significant losses while maintaining expectations for ongoing investments in AI and infrastructure....
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09.11.26 - 13:18
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Insurance industry workers: how is climate-related risk managed in your company? (The Guardian)
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Whether you're a modeller, actuary or underwriter, we'd like to hear how the insurance industry is dealing with climate risk With more frequent storms, floods, wildfires and drought, caused by climate change, having a huge impact on property around the world, we'd like to find out how the insurance industry is managing climate change risk.There have been reports of insurance workers, who analyse risk around a natural disaster, coming under pressure to downplay losses in order to keep premiums affordable for customers. The practice of underestimating risks to keep insurance premiums down could be widespread. Continue reading......
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