Asia | 10 Oct 13

Manulife, the Toronto-based global insurer with a major presence in Asia, has unveiled what it calls a "high end medical protection" range to provide basic hospitalisation benefits to a maximum annual coverage of as much as HK$22m (£1.8m, $2.8m).

Asia | 10 Oct 13

The Hong Kong Securities & Futures Commission has banned a former employee of Zurich-based Falcon Private Bank’s Hong Kong branch “for life” for illegal practices that led him to be sentenced by a Hong Kong court earlier this year to 23 months in prison.

United Kingdom | 10 Oct 13

The Axa Group has committed its member insurance companies to “better integrating environmental, social and governance criteria” into their investment decisions.

Industry | 10 Oct 13

The past 13 years may be best remembered by many for their negative real returns on equities, a global financial crisis, and the collapse of various regional and national housing bubbles. But the latest report by Credit Suisse's Research Institute finds that global wealth has in fact more than doubled since 2000, reaching a new all-time high of $241trn, helped by "strong economic growth and rising population levels in emerging nations".

Products | 9 Oct 13

Lyxor has launched an ETF offering exposure to China A Shares, while revealing steps to “complete” its range with frontier market trackers to be introduced next year.