Insurance

THE REAL COST OF BEING CRITICALLY ILL IN SINGAPORE: Manulife survey reveals that 1 out of 3 critical illness patients have used up most or all their savings

SINGAPORE, Feb. 17, 2020 /PRNewswire/ -- A new Manulife study on critical illness found that close to 40% of respondents have spent all or most of their savings battling illness. Furthermore, Singaporeans who become seriously ill do not just struggle with their disease and medical bills, they oft...

2020-02-17 11:10 27889

WeSure Launches Novel Coronavirus Pneumonia Insurance Covering 15 Million People Against Outbreak of Covid-19

SHENZHEN, China, Feb. 15, 2020 /PRNewswire/ -- Following the 2019 novel coronavirus outbreak ("Covid-19"), WeSure, Tencent's insurance platform, swiftly established an emergency response team to provide real-time information to users, and introduced multiple insurance plans designed to protect th...

2020-02-15 01:49 3123

Blue Cross Launches Market-First Travel Smart MultiTrip Insurance Package

HONG KONG, Feb. 13, 2020 /PRNewswire/ -- Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") announces the launch of Travel Smart MultiTrip Insurance Package, which covers up to 5 trips and 7 days per trip, allowing customers to tailor-make their own multiple travel insurance at a modest p...

2020-02-13 17:00 1781

Huize Holding Limited (HUIZ) Trading Debut on NASDAQ Global Market

NEW YORK, Feb. 13, 2020 /PRNewswire/ -- A leading independent online insurance product and service platform inChina, Huize Holding Limited ("Huize" or the "Company", NASDAQ: HUIZ), successfully listed and commenced trading on Nasdaq Global Market under the symbol "HUIZ" onFeb. 12, 2020, with a pr...

2020-02-13 13:20 1381

Manulife Hong Kong reports double-digit growth in core earnings, APE sales and new business value in 2019

HONG KONG, Feb. 13, 2020 /PRNewswire/ -- The Manulife group of companies operating inHong Kong ("Manulife Hong Kong") today announced strong growth for the fourth quarter and full-year 2019. Results overview:  * Core earnings * Core earnings of HK$5.8 billion in 2019, up 26% from 2018, and ...

2020-02-13 11:02 11760

AXA launches 'Wealth Genius Income Plan'

HONG KONG, Feb. 11, 2020 /PRNewswire/ -- AXA pledges to help their customers manage their wealth, and prepare the future for themselves and their children. In 2020, the launch of AXA's new 'Wealth Genius Income Plan' (Wealth Genius), helps customers to accumulate savings which will benefit thei...

2020-02-11 16:59 3146

AXA stands by Hong Kong front-line medical workers

HONG KONG, Feb. 11, 2020 /PRNewswire/ -- AXA Hong Kong is committed to supporting the community by providing comprehensive protection for the people of Hong Kong. As the impact of the novel coronavirus continues to escalate, the company has offered additional hospital cash benefits for free to i...

2020-02-11 10:44 3408

Aon calls for private and public sector collaboration to address the protection gap and build resilience against catastrophes

Over the last decade, natural catastrophes have resulted in global economic losses ofUSD2.98 trillion. Only USD845 billion of this has been insured, creating a protection gap of 72%. LONDON, Feb. 5, 2020 /PRNewswire/ -- Aon plc (NYSE:AON), the leading global professional services firm providing ...

2020-02-05 18:00 11467

Marsh and Jardine Lloyd Thompson Complete Integration of Operations in Indonesia

* Expanding Marsh with strong operations in Indonesia by combining the strength and expertise of Marsh and JLT together as one company. * The first time in Indonesia where two multinational insurance brokers merge since the establishment ofIndonesia's Financial Services Authority (OJK) in 201...

2020-02-03 18:42 3586

Tokio Marine and Safety Insurance announce completion of integration, officially launching as 'Tokio Marine Safety Insurance'

BANGKOK, Feb. 3, 2020 /PRNewswire/ -- Tokio Marine Insurance (Thailand) PCL. ("TMITH") and Safety Insurance Public Company Limited ("Safety") have announced the completion of the integration of their two companies, which has been approved by the Office of Insurance Commission (OIC). Mr. Suteechai...

2020-02-03 13:44 2855

EasyCompare receives Feefo Gold Trusted Service Award 2020

BANGKOK, Feb. 3, 2020 /PRNewswire/ -- EasyCompare  has received the Feefo Gold Trusted Service award, an independent seal of excellence that recognises businesses for delivering exceptional experiences, as rated by real customers.

2020-02-03 10:01 2379

IMG Chief Medical Officer Issues Statement About the Coronavirus

INDIANAPOLIS, Feb. 3, 2020 /PRNewswire/ -- IMG's Chief Medical Officer (Dr. Geoff Tothill, MB, BS, FRCP Edin.) shares his latest thoughts on the coronavirus below: "The spread of the novel coronavirus within China represents a continuing health emergency for that country. We continue to see case...

2020-02-03 09:13 3243

Budget Direct Insurance wins Feefo Platinum Trusted Service Award 2020

SINGAPORE, Jan. 29, 2020 /PRNewswire/ -- Budget Direct Insurance  has received the Feefo Platinum Trusted Service award, an independent seal of excellence that recognises businesses for delivering exceptional experiences, as rated by real customers.

2020-01-29 09:09 3065

Ping An Presents Poverty Alleviation Model at Davos Forum on Sustainable Development

HONG KONG and SHANGHAI, Jan. 23, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) presented its smart poverty alleviation model and its environmental, social and governance (ESG) management system at the World Econom...

2020-01-23 15:43 18441

Prudential chooses IMG to boost travel assistance offerings and introduce new product

INDIANAPOLIS, Jan. 16, 2020 /PRNewswire/ -- International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, has been chosen by The Prudential Insurance Company of America (Prudential) to provide increased travel assistance offerings and a new insu...

2020-01-16 01:30 17438

Europ Assistance furthers commitment to operations in Asia - announces new presence in Thailand

BANGKOK, Jan. 15, 2020 /PRNewswire/ -- Europ Assistance today announced the opening of their new office inThailand, furthering their commitment to the Asia region where they have operated for the past thirty years. This recently established presence inThailand will allow Europ Assistance to provi...

2020-01-15 16:00 2055

KPMG in Asia Pacific announces new Head of Insurance

HONG KONG, Jan. 13, 2020 /PRNewswire/ -- 30-year veteran Erik Bleekrode has been tapped to be KPMG's new Head of Insurance in theAsia Pacific region. The handover in leadership comes as insurers see massive disruption and face a wide range of complex challenges, from navigating financial market u...

2020-01-13 22:39 2009

Mitsui Sumitomo Insurance joins BEYOND Consortium to bid for Singapore's digital full bank licence, marking a major step forward in its digital ambition

* Mitsui Sumitomo Insurance Co., Ltd., has joined BEYOND Consortium, led by V3 Group and EZ Link, to bid for a digital full bank licence inSingapore * The unmatched connectivity and consolidation of strengths of the Consortium are expected to create a comprehensive ecosystem that will deliver...

2020-01-07 13:50 1691

eBaoTech and Willis Towers Watson collaboration to transform insurance middle office solutions capability

SHANGHAI, Jan. 7, 2020 /PRNewswire/ -- eBaoTech , a global leading digital insurance solution provider andWillis Towers Watson  have announced that they will team up to provide a robust, one-stop insurance middle office platform to ac...

2020-01-07 11:47 2839

Prudential Vietnam and SeABank establish exclusive bancassurance partnership

HANOI, Vietnam, Jan. 6, 2020 /PRNewswire/ -- Prudential Vietnam Assurance Private Limited (Prudential Vietnam), a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank (SeABank - Vietnam) have entered into an exclusive bancassurance partnership with ...

2020-01-06 17:35 2773
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