Insurance
Ping An Receives the Two Directors of The Year Awards 2021 from the Hong Kong Institute of Directors
HONG KONG and SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) was recognized by the Hong Kong Institute of Directors with two Directors of The Year Awards this year. Dr. Ma Mingzhe, Chairman of the ...
Captive insurance to be a primary focus in Labuan IBFC's 5-year strategic roadmap
KUALA LUMPUR, Malaysia, Dec. 3, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) continues to expand with increasing demand for its varying captive structures from across the globe, charting a 28% increase in its premiums for captive business and 18 new captiv...
Qumata enters into agreement with major pan-Asian insurer AIA Group to accelerate innovative digital underwriting
HONG KONG, Dec. 2, 2021 /PRNewswire/ -- Qumata (formerly known as HealthyHealth), a global company transforming the insurance industry ecosystem with a machine learning and artificial intelligence (ML/AI) underwriting solution, entered into an agreement to provide its services acrossAsia to AIA ...
Arthur J. Gallagher & Co. Acquires Sound Insurance Services
ROLLING MEADOWS, Ill., Dec. 2, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Caulfield,Victoria-based Sound Insurance Services. Terms of the transaction were not disclosed. Founded in 2011 by Simon Feldman and Morris Alessi, Sound Insurance is a retail propert...
Arthur J. Gallagher & Co. Completes Acquisition of Willis Towers Watson plc Treaty Reinsurance Brokerage Operations
ROLLING MEADOWS, Ill., Dec. 1, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has completed the acquisition of substantially all of the treaty reinsurance brokerage operations fromWillis Towers Watson plc. Together with Gallagher's existing reinsurance operations, the co...
Waterdrop Inc. Announces Third Quarter 2021 Unaudited Financial Results
BEIJING, Nov. 30, 2021 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the third quarter endedSeptember 3...
Manulife announces new 'MOVE for GOOD' Challenge to promote health and help elderly people living alone stay warm this winter
HONG KONG, Nov. 29, 2021 /PRNewswire/ -- Winter Solstice is an important festival inHong Kong that brings family and loved ones together. In the spirit of togetherness and sharing love with the community, Manulife has announced its third "MOVE for GOOD" Challenge to bring warmth to needy elderly ...
Lioner launch ceremony attended by finance industry partners; new managing director appointed focusing on business growth
* Over a hundred executives from the financial industry joined Lioner's launch ceremony, endorsing the company's unique all-in-one solutions across insurance, trust and family office * Katrina Chuk appointed Managing Director to strengthen Lioner's capability in serving clients inGreater Chin...
Yum China to Further Upgrade Employee Benefits, Adding One Million Yuan Medical Insurance Coverage for Restaurant General Managers
SHANGHAI, Nov. 25, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) announced at its 2021 Restaurant General Managers ("RGMs") Convention, held virtually, that it will offer enhanced medical insurance coverage of up toRMB 1 million to each of...
TIAN RUIXIANG Holdings Ltd Enters into Strategic Cooperation Agreement with Yunnan Anhua Disaster Prevention and Mitigation Technology Co., Ltd.
BEIJING, Nov. 24, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today that it has entered into a strategic cooperation agreement (the "Agreement") with Yunnan Anhua Disaster Prevention and Mitigation Technology Co., Ltd. ...
Waterdrop Inc. to Report Third Quarter 2021 Financial Results on November 30, 2021
BEIJING, Nov. 24, 2021 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the third quarter en...
Waterdrop Inc Founder and CEO Shen Peng awarded Young Entrepreneur of the Year at the ACES Awards
BEIJING, Nov. 22, 2021 /PRNewswire/ -- Shen Peng, Founder and CEO of Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or "the Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, has been awarded with the Young Entrepreneur of the Year award...
Klook and ZA Tech Enter Partnership in Multiple Markets, Cements Commitment to Innovate Insurance in Travel
* A first of its kind partnership in the travel industry, Klook and ZA Tech will embed a full range of travel-related insurance products across multiple markets. * The joint venture will see both companies integrating their operational and tech expertise, as well as marketing capabilities. ...
China Pacific Life Insurance (H.K.) Company Limited Granted Authorization for Long Term Insurance Business in Hong Kong
HONG KONG, Nov. 18, 2021 /PRNewswire/ -- China Pacific Life Insurance (H.K.) Company Limited ("CPIC Life (HK)", the "Company")announced that it has been authorized by the Hong Kong Insurance Authority to operate long term insurance business note1 in Hong Kong. John Cai, General Manager (CEO) of...
Tokio Marine Partners WIZ.AI to Automate Customer Service Via Conversational AI Talkbot
JAKARTA, Indonesia, Nov. 18, 2021 /PRNewswire/ -- In its recent regional digitalisation transformation initiative, PT Asuransi Tokio Marine Indonesia ("TMI") partnered with WIZ.AI, the ASEAN Voice AI leader, to launch its conversational voice AI Talkbot. As one of the largest general in...
PAAMC HK Announces Winning in ESG Leading Enterprise Awards 2021
HONG KONG, Nov. 17, 2021 /PRNewswire/ -- Ping An of China Asset Management ( Hong Kong) Company Limited ("PAAMC HK" or "Company"), the offshore asset management arm of the Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An "), is pleased to announce that the Company has been honored with the...
Morgan Housel joins Markel's Board of Directors
RICHMOND, Va., Nov. 17, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today the appointment ofMorgan Housel to its board of directors, effectiveNovember 16, 2021. Housel serves as a partner of The Collaborative Fund, a multi-stage private investment fund. He is also a frequent ...
Cambodian Association of Finance and Technology: Successful Conclusion of CamTech Summit Powered by Prudential
PHNOM PENH, Cambodia, Nov. 16, 2021 /PRNewswire/ -- CamTech Summit Powered by
Prudential was a five-day hybrid Fintech and Tech event inCambodia held between
November 8-12, 2021 to inclusively showcase Cambodia's emerging and
accelerating Fintech and Tech sectors.
Markel Corporation Announces Wind Down of Lodgepine
RICHMOND, Va., Nov. 16, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today announced that it is winding down Lodgepine Capital Management Limited (Lodgepine), its retrocessional Insurance Linked Securities (ILS) fund manager based inBermuda. Markel launched Lodgepine in 2019, with produc...
Christian Mumenthaler, CEO of Swiss Re, appointed Chairman of The Geneva Association
* AIA Chief Executive & President Lee Yuan Siong becomes Vice Chairman
* Aviva CEO Amanda Blanc joins Board
https://www.genevaassociation.org/news/board-updates-2021
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