Insurance
Markel Corporation and Markel CATCo Announce Commencement of Schemes of Arrangement and Improved Terms of Buy-Out Transaction for Investors in Markel CATCo Reinsurance Fund Ltd. and CATCo Reinsurance Opportunities Fund Ltd.
RICHMOND, Va., Oct. 26, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) and Markel CATCo Investment Management Ltd. (MCIM) today announced that, following the conclusion of the Early Consent Deadline of22 October 2021 with respect to the Buy-Out Transaction announced on27 September 2021, a s...
Financial Entrepreneur Endy Ong Integrates Innovative Insurtech With Empathetic Personal Coaching With His Team To Serve His Clientele
SINGAPORE, Oct. 26, 2021 /PRNewswire/ -- Financial Entrepreneur Endy Ong
Integrates Innovative Insurtech With Empathetic Personal Coaching For His Team
To Serve His Clientele.
Ping An Overseas Holdings Raised Funds of USD 750 Million for Overseas Private Equity Investing
HONG KONG and SHANGHAI, Oct. 25, 2021 /PRNewswire/ -- China Ping An Insurance Overseas (Holdings) Limited, the main offshore investment and asset management platform of Ping An Insurance (Group) Company ofChina, Ltd. (2318.HK, 601318.SH), together with its subsidiaries ("Ping An Overseas Holdings...
Ping An Bank Launches Cross-Boundary Wealth Management Connect Services in Greater Bay Area
HONG KONG and SHANGHAI, Oct. 25, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEX: 02318; SSE: 601318) announced its subsidiaryPing An Bank (SZ:000001) has launched services under the Cross-boundary Wealth Management Connect pilot sche...
Germany Offers Corona Insurance for Reopening Trade Fairs
BERLIN, Oct. 25, 2021 /PRNewswire/ -- Slowly but surely, live trade fairs are returning toGermany after coronavirus pandemic restrictions forced nearly the entire sector online. To bolster the recovery by helping organizers manage risks,Germany's national and regional governments have instituted ...
Labuan IBFC to be Asia's Leading Digital-Based Financial Gateway with Islamic Finance Capabilities
KUALA LUMPUR, Malaysia, Oct. 22, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) is rapidly revolutionising its digital offerings, entrenching its commitment to become a facilitator ofAsia's digital revolution, a key driver of the centre's success in recent y...
Guangzhou Concord Cancer Center Becomes a Designated Hospital of Social Healthcare Insurance
BEIJING, Oct. 21, 2021 /PRNewswire/ -- Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM), a healthcare provider specializing in cancer care, research and prevention by operating a network of medically advanced comprehensive cancer hospitals and standalone ...
Manulife to Release Third Quarter 2021 Financial Results
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Oct. 20, 2021 /PRNewswire/ -- Manulife Financial Corporation will release its third quarter 2021 financial results after market close on Wednesday, November 3, 2021, which will be made...
QBE partners with Kangaroo to deliver smarter home insurance
HONG KONG, Oct. 20, 2021 /PRNewswire/ -- QBE today announces a partnership with Kangaroo, a leading smart home security start up, to offerHong Kong homeowners smart home kits to detect and prevent damage from water and humidity. The new approach flips the traditional insurance model on its head b...
eDriving Partners with Jerry to Secure Personal Car Insurance Savings for Mentor App Users
CAPE MAY, N.J., Oct. 19, 2021 /PRNewswire/ -- eDrivingSM, a Solera company, and leading global provider of digital driver risk management solutions, is helping commercial drivers save money on personal car insurance by incorporatingJerry into its award-winning smartphone app, MentorSM. Jerry firs...
Avo receives additional HKD260M funding from shareholders, demonstrating growth and investor confidence
HONG KONG, Oct. 18, 2021 /PRNewswire/ -- Avo Insurance Company Limited (Avo), Hong Kong's first virtual general insurance company, has announced its additional round of capital injection ofHKD260 million today. This investment will accelerate Avo's product development and enhance its insurtech ...
Insurers have a key role to play in the transition to net zero by de-risking new climate technologies
ZURICH, Oct. 15, 2021 /PRNewswire/ -- The Geneva Association and the
Organisation for Economic Cooperation and Development (OECD) co-hosted a
high-level conference on12 October 2021, Future-Proofing Technological
Innovations for a Resilient Net-Zero Economy
CoverGo helps American insurance firms go digital with its no-code technology
HONG KONG, Oct. 15, 2021 /PRNewswire/ -- CoverGo
Labuan IBFC Shortlisted for 'International Captive Domicile 2021' for Second Consecutive Year
KUALA LUMPUR, Malaysia, Oct. 14, 2021 /PRNewswire/ -- Leading global trade publication, Captive Review has recently shortlisted Labuan International Business and Financial Centre (Labuan IBFC) as 'International Domicile' for the European Captive Review Awards 2021. Labuan IBFC is the only jurisdi...
TIAN RUIXIANG Holdings Ltd Announces It has Generated RMB3.3 Million Premium in School Campus Liability Insurance
BEIJING, Oct. 13, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today that it has generated a total ofRMB3.3 million (approximately US$0.5 million) in school campus liability insurancepremium. School campus liability ins...
Manulife ranked as one of the World's Best Employers by Forbes in 2021
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Oct. 13, 2021 /PRNewswire/ -- Manulife has been recognized by Forbes on its World's Best Employer list for the second year in a row as it continues to build a leading culture that suppo...
HUAWEI Quick App Boosts Commercialization through Ad Monetization
SHENZHEN, China, Oct. 12, 2021 /PRNewswire/ -- HUAWEI Ads Publisher Service has officially supported quick apps. The platform leverages Huawei's robust platform and data capabilities to help developers earn revenue by accessing and displaying targeted, high-quality and high-value ad content in th...
AXA BetterMe Weekend concludes successfully
HONG KONG, Oct. 10, 2021 /PRNewswire/ -- In response to the World Mental Health Day and celebrating the 1st anniversary of AXA BetterMe, the holistic wellness platform on the Emma by AXA app, AXA Hong Kong andMacau ("AXA") hosted the "AXA BetterMe Weekend" (the "Event") on 7-10 October at Hysan P...
Chubb to Acquire Cigna's $3 Billion Premium Revenue Personal Accident, Supplemental Health and Life Insurance Business in Seven Asia-Pacific Markets for $5.75 Billion
- Acquisition further balances Asia's share of Chubb's global portfolio – from approximately$4 billion to $7 billion in net premiums written, or approximately 20% of the company (excludingChina) - Global A&H premiums grow from $3.7 billion to $6.1 billion - Asia life company premiums increase fr...
Cigna Reaches Agreement With Chubb To Divest Its Life, Accident And Supplemental Benefits Businesses In Seven Countries
Agreement will sharpen Cigna's focus on the growth path for its rapidly expanding global health portfolio BLOOMFIELD, Conn., Oct. 8, 2021 /PRNewswire/ -- Cigna Corporation (NYSE:CI), a global health service company, today announced a definitive agreement with Chubb (NYSE: CB) to sell its life, a...
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