Generali Group reveals nine-month financial results

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Generali Group has posted an operating result of €4.4 billion (around SG$6.819 billion) in the nine months to September 30, 2021 – a 10% increase from the same period in 2020.

The firm credits the “strong increase” in the operating result to the performance of its life, asset management and holding, and other businesses, as well as the “resilient contribution” of its property and casualty (P&C) segment, despite the higher impact of natural catastrophe claims.

The increase also contributed to a nine-month net result of €2,250 million, a 74% increase from the €1,297 million in the first nine-months of 2020.

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AIA continues post-pandemic bounceback | Insurance Business Asia

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AIA Group has announced its results for the first nine months of 2021, with a 15% growth in value of new business (VONB) for the January to September period, reflecting its recovery from the setbacks caused by the COVID-19 outbreak last year.

Hong Kong-headquartered AIA reported a VONB of US$2.55 billion for the nine months ended Sept. 30, up 15% year over year. Its VONB margin grew by 5.1 percentage points. Total weighted premium income increased by 3% to US$27,463 million.

AIA Group CEO Lee Yuan Siong said that the insurer’s VONB has now exceeded the pre-pandemic level of

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Half of global consumers comfortable making digital payments after COVID

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A new research paper by 451 Research, commissioned by Discover Global Network found digital payment services and financial technology partnerships are reshaping the way in which consumers around the world send, spend and store their money.

The COVID-19 pandemic shed light on the influence of these digital payment services – as they grew market share and consumers accelerated their usage and adoption of these products.

State of the Union: Global Digital Payments and Fintech Ecosystem analyses these shifts and other trends prevalent within the industry.

“With nearly 3 in 5 people using at least one type of digital payment service

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Retail in 2022 – what are the main drivers and predictions

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Retail continues to face a number of challenges, including supply chain issues that are still hampering the shipping and delivery of goods.

Retail in 2022 – what are the main drivers and predictions

Moving into 2022, everyone is looking forward to hopefully getting back to normal and moving past the pandemic.

It goes without saying that in the world of retail some things have inherently changed for good, and merchants will continue having to pivot around massive disruption and changing consumer expectations for the foreseeable future.

Here are five retail predictions for 2022 that retailers should prepare for now according

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