Commonwealth Bank of Australia
The Commonwealth Bank of Australia or CommBank is Australia's largest bank by asset-size and the 18th largest bank in the Asia Pacific region ("Asia-Pacific's 50 largest banks by assets, 2023" by S&P Market Intelligence).
Australia’s CBA pleads guilty for mis-selling insurance products
Australia’s CBA pleads guilty for mis-selling insurance products
CBA issued an apology to affected customers.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. PNB MetLife launches dividend fund linked to insurance 5. Taiwan life insurers face rising risk in $32b FX mismatchResource Center
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Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.