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Finance & Markets

Only 8% of insurance BPO users would renew their contracts as-is

Insurance outsourcing contracts are being reopened as buyers seek AI-led efficiency and stronger strategic value. HAMILTON, Bermuda — Only 8% of surveyed insurance organizations using business process outsourcing (BPO) would renew their contracts as-is. Among the 110 BPO users in the study, 86% would renegotiate to capture AI-driven efficiencies or completely rework terms and service […]

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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Bank Albilad Profit Rises 1.6% to 2.27B SAR

Riyadh, Saudi Arabia — Bank Albilad posted net profit attributable to shareholders of 2.27 billion SAR for the nine months ended September 30, 2026, up 1.6% from 2.23 billion SAR in the same period a…

  • Bank Albilad profit rises 1.6% to 2.27B SAR
  • Higher income from financing and investment assets contributed
  • Earnings per share fell from 1.49 SAR to 1.43 SAR

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