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Published on 18:54 GMT

UPDATE 3-Japan's SMBC is closer to acquiring 51% stake in India's Yes Bank, sources say

UPDATE 3-Japan's SMBC is closer to acquiring 51% stake in India's Yes Bank, sources say (Adds share market reaction and valuation in paragraph 3, Yes Bank's response in paragraphs 8-9) * Deal could be largest in India's banking sector * RBI …

Source: ETBFSI.com - Pending
Published on 17:07 GMT

ADB to mobilize up to $2.75b of pvt capital thru global insurer partnership

The Asian Development Bank (ADB) has signed an agreement with ten leading global insurers to mobilize up to $2.75 billion of private capital to support ADB’s lending for sustainable growth in Asia and the Pacific. The Master Framework Agreement for …

Source: The Financial Express Bangladesh - Pro-Government
Published on 14:03 GMT

Yes Bank Shares Jump Over 9.5 Per Cent, Pares Gains Over Conflicting Reports Of Japanese Banking Giant SMBC’s Stake ...

SBI and other banks had helped rescue Yes Bank in 2020, after the RBI took control of Yes Bank following a liquidity crisis. Other banks such as HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank collectively hold 7.36 per cent stakes in the private …

Source: Outlook Money - Pending
Published on 10:35 GMT

Why Stablecoin Issuers Could Displace Japan And China As The Biggest Buyers Of U.S. Treasury Securities

Brian Moynihan, the chief executive officer of $2.6 trillion (assets) Bank of America, doesn’t usually make headlines for his crypto opinions. But in February, he did just that: “If they make that legal, we’ll go into that business.” He was talking about …

Source: Forbes - Neutral
Published on 09:39 GMT

Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources

[MUMBAI] Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51 per cent equity in the Indian lender, three sources familiar with the deal said on Tuesday (May 6). If the deal …

Source: The Business Times Singapore - Neutral
Published on 09:36 GMT

'Discussions preliminary': Yes Bank issues clarification on Japan's SMBC in talks to buy significant stake

'Discussions preliminary': Yes Bank issues clarification on Japan's SMBC in talks to buy significant stake Yes Bank on Tuesday issued a clarification on report regarding Japanese financial powerhouse Sumitomo Mitsui Banking Corp. (SMBC) being …

Source: ETBFSI.com - Pending
Published on 08:32 GMT

Renew Risk adds Japan offshore wind cat models to portfolio

Renew Risk, a risk modelling and analytics firm, has launched two new earthquake and typhoon models for offshore wind farms in Japan. Specifically designed for Japan’s disaster-prone offshore wind sector, these are the first and only commercially available …

Source: Reinsurance News - Neutral
Published on 07:57 GMT

'Speculative at this time': YES Bank on Japan's SMBC talks for stake acquisition; stock erases most gains

Yes Bank Ltd issued its clarification on Tuesday over a news report, titled: "YES Bank shares soar 9% amid Japan's SMBC's talks with SBI for stake acquisition". The private lender mentioned that it is on a growth trajectory and routinely …

Source: Business Today - Indeterminate
Published on 07:25 GMT

Yes Bank shares surge on talks of acquisition by Japan's Sumitomo Mitsui

Shares of Yes Bank soared on Tuesday morning with reports indicating that Japan's Sumitomo Mitsui Banking Corp (SMBC) is close to acquiring a stake in the private sector lender, that had to be bailed out by a State Bank of India-led consortium back in …

Source: The Week - Center-left
Published on 06:51 GMT

Japan's SMBC In Talks To Acquire 51% Stake In Yes Bank; Shares Jump 9.6%

Last Updated:May 06, 2025, 13:01 IST Following the report, shares of Yes Bank on Tuesday surged 9.6% to Rs 19.44 apiece on the NSE in the opening trade, before cooling down to Rs 18.11 apiece in the afternoon trade. Yes Bank Share Price.Talks between …

Source: News18 - Center-right
Published on 04:33 GMT

Asia: Composite insurance rates fall in 1Q2025, the 5th consecutive quarter of negative growth

Composite insurance rates in Asia fell 3%, on average, in the first quarter of 2025 due to competition, according to the Global Insurance Market Index released by Marsh. This increased competition is fuelled by greater capacity from existing insurers as …

Source: Asia Insurance Review - Neutral
Published on 04:16 GMT

YES Bank shares: Japan's SMBC may buy significant stake, open offer to follow, says report

YES Bank share price: Shares of YES Bank Ltd are in focus after a media report suggested that Japanese banking giant Sumitomo Mitsui Banking Corp (SMBC) was in advanced discussions to purchase a significant stake in the sixth-largest private bank by assets …

Source: Business Today - Indeterminate
Published on 02:29 GMT

Japan faces serious labor shortage for home-visit nursing care, survey shows

A survey has found that many businesses in Japan providing home-visit nursing care were at times unable to provide such services due to a serious shortage of caregivers. More than 1,000 administrators at home-visit nursing care service providers and care …

Source: NHK - Public Broadcaster
Published on 00:56 GMT

Japan's financial powerhouse SMBC moves a step closer to taking control of Yes Bank

Mumbai: Japanese financial powerhouse Sumitomo Mitsui Banking Corp. (SMBC) is in advanced discussions to buy a significant stake in Yes Bank, following months of negotiations, said people aware of the matter. The move is expected to trigger an open offer …

Source: The Economic Times - Pending
Published on May 5, 2025

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 3: Prudential Insurance Regulation in Japan

[co-author: Kyoka Hadano] Introduction This chapter discusses prudential insurance regulation in Japan. Japan is the fourth-largest insurance market in the world, with a broad customer base and a varied range of offerings. This profile, coupled with …

Source: JD Supra - California - Neutral
Published on May 5, 2025

The cost of being: A New Zealander teaching English in Japan

As part of our series exploring how New Zealanders live and our relationship with money, a New Zealander living and teaching in Japan describes her financial situation. Want to be part of The Cost of Being? Fill out the questionnaire here. Gender: Woman. …

Source: The Spinoff - Left-wing
Published on 18:34 GMT

Legal & General shares yield 9% but trade at a 10-year low! Are they a deadly value trap?

Legal & General (LSE: LGEN) shares have been sitting in my Self-Invested Personal Pension (SIPP) for a couple of years now, and I can’t complain about the income. Between April and August 2023, I invested £4,000 in the FTSE 100 insurer and asset …

Source: The Motley Fool UK - Neutral
Published on May 4, 2025

The Most Reliable Japanese EV That's Not A Toyota Or Lexus

If you're gathering a list of the most reliable vehicles you can get, nine times out of ten, you'll likely see many Lexus and Toyota models. If you're wondering why that is, these two sister companies are arguably the two most reliable car …

Source: TopSpeed - Pending
Published on 13:14 GMT

Aflac Expands Partnership With Empathy To Offer Enhanced Legacy Planning Services With Lifevaulttm

(MENAFN- PR Newswire) COLUMBUS, Ga., May 6, 2025 /PRNewswire/ -- Aflac , a leading provider of health supplemental insurance in the U.S., is expanding its partnership with Empathy, an innovative technology company that provides compassionate, on- …

Source: MENAFN - Indeterminate

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Published on May 6, 2025 - 14:00 GMT

Sean Gilday Brings 25 Years of Global Insurance Leadership to ManchesterStory Group

ManchesterStory, a leading early-stage venture capital firm, has announced that insurance executive Sean Gilday is joining the company as VP, Head of Network. DES MOINES, IA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- ManchesterStory Group …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 6, 2025 - 11:01 GMT

Peloton Consulting Group Launches InsuranceXcelerate: Specialized Oracle Cloud EPM Solution for Insurance Planning

Empowering insurers to modernize planning amid market volatility and evolving regulatory demands BOSTON, MA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Peloton Consulting Group, a leader in Oracle Cloud implementations and digital …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on May 6, 2025 - 14:00 GMT

Benefit Advisors Network Selects Texas Firm Carroll Insurance as Newest Member

Houston-based Carroll Insurance has been accepted for membership into BAN CLEVELAND, MD, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Benefit Advisors Network (BAN), an international network of progressive and visionary employee benefit …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 23:12 GMT

RELEASE: HAWAIʻI RESIDENTS ENCOURAGED TO REVIEW INSURANCE POLICIES IN PREPARATION FOR HURRICANE SEASON

Posted on May 6, 2025 in News Releases STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA INSURANCE DIVISION JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE JERRY …

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Published on May 6, 2025 - 21:36 GMT

RELEASE: HAWAIʻI RESIDENTS ENCOURAGED TO REVIEW INSURANCE POLICIES IN PREPARATION FOR HURRICANE SEASON

Posted on May 6, 2025 in INS, News Releases STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA INSURANCE DIVISION JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE …

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Published on May 6, 2025 - 22:39 GMT

RELEASE: HAWAIʻI RESIDENTS ENCOURAGED TO REVIEW INSURANCE POLICIES IN PREPARATION FOR HURRICANE SEASON

Posted on May 6, 2025 in INS, News Releases STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA INSURANCE DIVISION JOSH GREEN, M.D. GOVERNOR KE KIAʻĀINA NADINE Y. ANDO DIRECTOR KA LUNA HOʻOKELE …

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Published on May 6, 2025 - 17:19 GMT

Noldor Rewires Insurance Data Infrastructure to Power Growth Across Program and Specialty Markets

NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Noldor, the insurance data infrastructure platform purpose-built for the program and specialty markets, is transforming how data flows through the ecosystem—turning fragmented data into a strategic asset that …

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Published on May 6, 2025 - 17:13 GMT

- LDI Earns National Accreditation and Takes on Leadership Roles to Help Strengthen Insurance Markets

FOR IMMEDIATE RELEASE April 25, 2025 The Louisiana Department of Insurance (LDI) successfully completed the requirements and earned full national accreditation from the National Association of Insurance Commissioners (NAIC) for its work to promote …

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Published on May 6, 2025 - 19:11 GMT

6,000 construction workers died by suicide in just one year: IBEAM responds with industry training

Ideal Body, Environment, and Mind is a free suicide prevention training providing construction professionals the tools to navigate their industry’s challenges. BLOOMINGTON, MN, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- In an important …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 6, 2025 - 19:03 GMT

Envision Captive Consultants Celebrates Successful 2nd Renewal with Phoenix Contractor’s Captive

PHOENIX, AZ, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The Phoenix Contractor’s Captive, a program under Envision Captive Consultants, proudly announces its successful second renewal, marking a significant milestone in its journey as an …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on May 6, 2025 - 17:32 GMT

New State-Approved DriveSafe Online Nevada Traffic Safety Course Helps Drivers Dismiss Tickets and Save Money

DMV-Approved Online Defensive Driving Course Also Helps Nevada Drivers Remove Demerit Points and Earn Insurance Discounts WICHITA, KS, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- DriveSafe Online is pleased to announce that its Nevada …

Distribution channels: Amusement, Gaming & Casino, Consumer Goods ...
Published on May 6, 2025 - 14:29 GMT

Lydonia Recognized with UiPath 2025 Fast Track Partner Badge of Distinction in Agentic Automation

WESTWOOD, MA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Lydonia today announced it has been honored with a UiPath 2025 Fast Track Partner Badge of Distinction in Agentic Automation. This recognition is granted to select UiPath partners …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 14:00 GMT

Benefit Advisors Network Selects Texas Firm Carroll Insurance as Newest Member

Houston-based Carroll Insurance has been accepted for membership into BAN CLEVELAND, MD, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Benefit Advisors Network (BAN), an international network of progressive and visionary employee benefit …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 13:45 GMT

4L Data Intelligence Issued New Artificial Intelligence Patent

Continuation of Core Technology Patent Addresses Collusion Detection SAN RAMON, CA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- 4L Data Intelligence™, the healthcare program and payment integrity company powered by patented Integr8 AI Risk …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 6, 2025 - 13:00 GMT

Dr. Doreen Fukushima of Ho'ola Pono Recently Featured on Close Up Radio

PEARL CITY, HI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Abraham Lincoln once stated that “a man who represents himself, has a fool for a client.” However, regarding the experiences surrounding our guest, it seems to be the opposite. As …

Distribution channels: Healthcare & Pharmaceuticals Industry, Human Rights ...
Published on May 6, 2025 - 13:00 GMT

ACCURE Battery Intelligence Launches PCS Analytics™ and Tasks™ to Maximize BESS Uptime and Close the O&M Loop

New features streamline BESS operations with AI-powered insights and end-to-end task management. AACHEN, NORTH RHINE-WESTPHALIA, GERMANY, May 6, 2025 /⁨EINPresswire.com⁩/ -- ACCURE Battery Intelligence, the leading provider of end-to-end safety …

Distribution channels: Energy Industry, Environment ...
Published on May 6, 2025 - 12:30 GMT

Turris and Loro Collaborate to Give MGAs and Carriers the Advantage in Compliance and Digital Distribution

New Turris-Loro integration automates agent onboarding and compliance, slashing back-office costs and accelerating insurance distribution. NEW YORK, NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Turris, the AI-enabled fintech specializing in …

Distribution channels: Insurance Industry ...
Published on May 6, 2025 - 12:00 GMT

Accountability through autonomy - SalesScreen launches Missions to give sales reps control over their own targets

Missions help break up large and overwhelming targets into smaller milestones and give sales reps autonomy to set and achieve personal targets. NEW YORK, NY, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- SalesScreen, the world’s leading sales …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 12:00 GMT

Medista Expands AI Healthcare Ecosystem to Power Patients, Providers, and Payers

Medista strengthens its AI-first platform, delivering preventive, diagnostic, and clinical support for individuals, clinicians, and insurers. NEW YORK, MD, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Medista is accelerating its expansion in …

Distribution channels: Emergency Services, Healthcare & Pharmaceuticals Industry ...
Published on May 6, 2025 - 11:29 GMT

Autoimmune Arthritis May Go Undiagnosed Despite Normal Blood Tests, Says American Board-Certified Rheumatologist

DUBAI, UNITED ARAB EMIRATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- A growing number of patients experiencing persistent joint pain and inflammation may be living with undiagnosed autoimmune arthritis, even when standard blood tests return normal …

Distribution channels: Business & Economy, Companies ...
Published on May 6, 2025 - 11:17 GMT

Loyesys Expands into the European Market with AI-Powered Loyalty Solutions

LONDON, LONDON, UNITED KINGDOM, May 6, 2025 /⁨EINPresswire.com⁩/ -- Loyesys, a leading loyalty program provider and a subsidiary of The Cohen International Group (TCIG), is proud to announce its expansion into the European market, starting with the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 11:01 GMT

Peloton Consulting Group Launches InsuranceXcelerate: Specialized Oracle Cloud EPM Solution for Insurance Planning

Empowering insurers to modernize planning amid market volatility and evolving regulatory demands BOSTON, MA, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Peloton Consulting Group, a leader in Oracle Cloud implementations and digital …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 11:00 GMT

Soluta Elevates Don Garlitz to Chief Revenue Officer to Accelerate Strategic Growth Momentum

AUSTIN, TX, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- Soluta, a leader in delivering innovative employee benefits billing and reconciliation solutions, is pleased to announce the promotion of Don Garlitz to Chief Revenue Officer. In this role, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 21:03 GMT

Trisura Chief Executive Officer David Clare to Hold Virtual Fireside Chat with BMO Capital Markets

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU) Chief Executive Officer, David Clare, will join BMO Capital Markets Analyst, Tom MacKinnon, in a virtual fireside chat to discuss the company’s first …

Distribution channels: Culture, Society & Lifestyle, Insurance Industry ...
Published on May 6, 2025 - 20:01 GMT

United Fire Group, Inc. reports first quarter 2025 results

First quarter net income of $0.67 per diluted share and adjusted operating income of $0.70 per diluted share First quarter 2025 highlights compared to first quarter 2024, unless otherwise noted:(1) Net income increased 31% to $17.7 million. Net investment …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 6, 2025 - 05:38 GMT

Beyond Trust Company Limited Unveils New Hong Kong Office: A Fusion of Finance and Art

Beyond Trust announces the opening of its Hong Kong office, a space designed to celebrate Chinese financial history and culture. HONG KONG, HONG KONG, CHINA, May 6, 2025 /⁨EINPresswire.com⁩/ -- Beyond Trust Company Limited, a leading trust …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 6, 2025 - 05:14 GMT

Hawaii Medical College Launches Basic Nurse Aide Program to Meet Growing Healthcare Demand

HONOLULU, HI, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Hawaii Medical College is proud to announce the launch of its Basic Nurse Aide Program, designed to provide students with the essential skills and training required to enter the …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 5, 2025 - 21:30 GMT

Oceans Luxury Rehab Unveils Expanded Oceanfront Treatment Facilities in Orange County

Oceans Luxury Rehab in Orange County introduces a Luxury Rehab Program, emphasizing confidentiality and high-end treatment. ORANGE COUNTY, CA, UNITED STATES, May 5, 2025 /⁨EINPresswire.com⁩/ -- Oceans Luxury Rehab, a premier luxury rehab …

Distribution channels: Business & Economy, Emergency Services ...