Taiwan's Mercuries Life Is Said to Weigh Options Including Sale
The firm is working with advisers to gauge initial interest from prospective buyers, the people said, asking not to be identified because the process is private. A sale could attract local and international players, the people said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Brokers risk falling behind as AI disruption accelerates
The majority of UK SMEs are comfortable with AI assessing their insurance needs and recommending the most suitable coverage options, according to GlobalData surveying. Meanwhile, AI-native insurance broker Meshed has secured backing from Aviva and other investors, with the aim of reshaping the commercial insurance market for SMEs. GlobalData's 2025 UK SME Insurance Survey has found that 64.5% of SMEs are comfortable, to some extent, with AI assessing their insurance needs and recommending the most suitable coverage options. Moreover, over a quarter of SMEs (26.7%) cited that they were extremely comfortable with this. How comfortable are you/would you be for an AI tool to do the following? 2025 Meanwhile, Meshed has raised £950,000 ($1.3m) in an oversubscribed pre-seed funding round to transform the commercial insurance market for SMEs. Investors included Haatch, Aviva via Founders Factory, the Exponential Science Foundation, and several angel backers. Meshed highlights that around 80% of UK SMEs remain underinsured, largely due to outdated brokerage practices and inefficient manual processes. By deploying AI-powered agents for quoting, data collection, and other routine tasks, the firm aims to cut administrative costs, reduce premiums, and enable brokers to focus more on client relationships and specialist advice. Yet, findings from our 2025 UK Commercial Insurance Broker Survey indicate that brokers may be underestimating the scale of disruption that AI could bring. Only 5.2% of brokers see AI as the biggest threat to their business, compared with 13.2% citing competition from other brokers and 11.2% from direct players. Moreover, adoption remains limited, with just 5.9% of brokers using AI-driven policy recommendation tools, while 78.6% report no plans to adopt them. Brokers should recognize that while AI may not seem like the greatest threat today, failing to adopt it could make it one tomorrow. By overlooking AI, brokers risk falling behind faster-moving competitors and losing relevance in a market where efficiency and digital capabilities increasingly drive client expectations. "Brokers risk falling behind as AI disruption accelerates" was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
25 minutes ago
- Yahoo
Sony hikes PlayStation 5 prices in US as tariff uncertainty weighs
(Reuters) -Sony will raise prices of its PlayStation 5 consoles in the United States by around $50 from Thursday, as the Japanese conglomerate navigates a slow recovery in the videogame market while U.S. tariffs threaten to raise costs. All three PlayStation 5 consoles will see a similar price hike, with the most expensive PS5 Pro version expected to cost $749.99, the company said in a blog post on Wednesday. The price changes come after U.S. President Donald Trump announced sweeping tariffs on imports from global manufacturing hubs such as China and Japan, leading to fears of supply chain disruptions and high material costs. Sony had raised prices of its consoles in various European markets in April. Rival Xbox also hiked sticker prices of its consoles and accessories in the U.S., Europe, Australia and the UK a month later. Consoles were expected to be a major driver of videogame market growth this year due to the launch of premium titles such as Take-Two Interactive's "Grand Theft Auto VI" and Nintendo's Switch 2. But console price hikes and the delay of highly-anticipated "GTA VI" to next year have cast some doubt on the pace of growth in the industry. On Wednesday, Sony said there are no price changes for other markets and prices of PlayStation 5 accessories remain unchanged. Sign in to access your portfolio
Associated Press
28 minutes ago
- Associated Press
CoinEx Reinforces Transparency with Updated Proof of Reserves
HONG KONG, Aug. 20, 2025 (GLOBE NEWSWIRE) -- CoinEx, a leading cryptocurrency exchange, has reaffirmed its commitment to transparency, security, and user trust with an updated proof of reserve as of August 13, 2025, at 07:00 (UTC). Maintaining a 1:1 reserve ratio, CoinEx ensures that for every $1 in user deposits, it holds an equivalent amount in reserves, safeguarding users' funds and reinforcing its financial stability. CoinEx maintains a reserve rate: (As of 15/08/2025) This further solidifies CoinEx's position as a secure and reliable trading platform. Founded in 2017, CoinEx has built a reputation for prioritizing security and transparency. The platform maintains a 100% proof-of-reserve ratio and operates the CoinEx Shield Fund, allocating 10% of trading fees to provide additional user protection during market volatility or unforeseen events. For further details on the updated asset reserve ratio, please visit here. Contact: CoinEx [email protected] Disclaimer: This content is provided by statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at
