Insurance
WeBank and Swiss Re Signed Cooperation MOU
SHENZHEN, China, May 24, 2019 /PRNewswire/ -- WeBank and Swiss Reinsurance Company Beijing Branch held a MOU signing ceremony recently in Beijing inaugurating their partnership to research and explore the application of Federated Learning in the field of reinsurance. The MOU was signed by Qiang ...
2019-05-24 19:23
6034
Upgrade Ecommerce Trust to next level by Blockchain and InsurTech
HONG KONG, May 24, 2019 /PRNewswire/ -- Hong Kong Federation of E-Commerce (HKFEC) reached a strategic cooperation agreement with Dowsure Technologies Co., Ltd. (Dowsure) to integrate blockchain technology and consumer insurance to Hong Kong Trust Mark, and to build a trustworthy cross-border e-c...
2019-05-24 16:00
3721
Asian insurance market: Growth pause in 2018, but return to high growth ahead
* Global insurance premiums increased 3.3% to 3,655 billion euros in 2018 * Growth in Asia disappointed, held down by shrinking life markets in China and Korea * Hong Kong premiums grew by 6.7% in 2018, way above regional average * Over the next decade, Asia will return to high growth a...
2019-05-23 12:23
2072
Asian insurance market: Growth pause in 2018, but return to high growth in sight
* Global insurance premiums increased 3.3% to 3,655 billion euros in 2018 * Growth in Asia disappointed, held down by shrinking life markets in China and Korea * Singapore clocked the lowest growth since the Great Financial Crisis * Over the next decade, Asia will return to high growth and ...
2019-05-23 12:22
2030
The EY and Guardtime joint venture company signs agreement with China's Zhuhai Port Holdings for future collaboration
GUANGZHOU, China, May 22, 2019 /PRNewswire/ -- The EY and Guardtime marine insurance blockchain joint venture company Insurwave Limited today announces a new agreement with Zhuhai Port Holdings Group Co., Ltd. to explore and collaborate on shipping logistics and marine insurance to promote fricti...
2019-05-22 10:00
2334
AXA Hong Kong expands Medical Service in Greater Bay Area
HONG KONG, May 21, 2019 /PRNewswire/ -- AXA Hong Kong and University of Hong Kong-Shenzhen Hospital ("HKU-SZH") held their contract signing ceremony today, announcing HKU-SZH as the first official medical partner of "AXA Signature Network" ("the Network") in the Greater Bay Area. AXA Hong Kong's ...
2019-05-21 19:28
3934
Arthur J. Gallagher & Co. Acquires Minority Stake in Edelweiss Insurance Brokers Limited
ROLLING MEADOWS, Illinois, May 21, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has purchased a minority stake in Edelweiss Insurance Brokers Limited (EIBL), a wholly owned subsidiary of Edelweiss Group, India's leading diversified financial services conglomerate. The dea...
2019-05-21 18:30
10362
Rising Insolvencies Increase Demand for Credit Insurance in Asia Pacific, Atradius Survey Reveals
Growing number of businesses taking more strategic approach to credit management AMSTERDAM, May 20, 2019 /PRNewswire/ -- While global GDP growth is forecast to slow from 3.2% in 2018 to 2.7% this year, global insolvencies are expected to rise 2%. As an integral part of the global supply chain,Asi...
2019-05-20 10:00
1717
Ping An Ranks 7th on Forbes' 'Global 2000' List
SHANGHAI and HONG KONG, May 17, 2019 /PRNewswire/ -- On 15 May 2019, Forbes magazine released its "Global 2000" rankings for listed companies. Benefitting from steady growth in operating income, profit, assets and market capitalization,Ping An has moved up to 7th position in the 2018 rankings, c...
2019-05-17 13:25
1938
Manulife Hong Kong launches tax-deductible ManuWise Deferred Annuity
HONG KONG, May 14, 2019 /PRNewswire/ -- Manulife Hong Kong today launches ManuWise Deferred Annuity (ManuWise), a tax-deductible Qualifying Deferred Annuity Policy (QDAP) certified by the Insurance Authority, to provide customers with more options for retirement planning. In addition to tax bene...
2019-05-14 19:10
9795
Financial Supermarket GoBear Announces US$80 Million in Funding
* Funding to rapidly grow its product, technology and people capabilities * Seeking to make investments into Asia-based technology innovators * Expanding the platform to search, match and transact consumer financial services SINGAPORE, May 8, 2019 /PRNewswire/ -- Asian financial supermarket...
2019-05-08 15:34
2071
Shareholding in Ping An Good Doctor Has Been Increased by Its Controlling Shareholder Ping An Insurance (Group) Company of China
HONG KONG, May 8, 2019 /PRNewswire/ -- China's leading one-stop healthcare ecosystem platform,Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", or the "Company", stock code: 01833.HK) made an announcement on a voluntary basis on7 May, 2019, Ping An Insurance (Group) Compan...
2019-05-08 09:01
9091
Driving Innovation in Digital Insurance, Aegon Life on-boards eBaoTech
SHANGHAI, May 8, 2019 /PRNewswire/ -- Aegon Life Insurance
2019-05-08 09:00
3041
My Sun Life HK App Wins Two Awards for its Excellence
HONG KONG, May 6, 2019 /PRNewswire/ -- My Sun Life HK, a mobile application of Sun Life Hong Kong Limited ("Sun Life" or "the Company") for its individual insurance clients, has won Silver Award for Best App -- Insurance Services and Bronze Award for Best App -- Financial Services at the Mob-Ex A...
2019-05-06 15:11
5248
U.S. Financial Services Industry Associations Call For U.S. Government Support Of G20 Prioritization Of Global Aging As An Ongoing G20 Area Of Common Interest
WASHINGTON, May 3, 2019 /PRNewswire/ -- Four of the largest U.S. associations representing retirement products and financial services providers this week called on the U.S. government to formally support the 2019 Japanese G20 Presidency's efforts to highlight the common problems caused by aging ...
2019-05-03 06:17
2812
Manulife Hong Kong reports strong results for the first quarter of 2019
HONG KONG, May 2, 2019 /PRNewswire/ -- The Manulife group of companies
operating inHong Kong ("Manulife Hong Kong") today reported strong results for
the first quarter of 2019.
2019-05-02 11:39
9566
Arthur J. Gallagher & Co. Acquires AgriRisk Services Pty Limited
ROLLING MEADOWS, Illinois, May 2, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Australian insurance broker AgriRisk Services Pty Limited. Terms of the transaction were not disclosed. Headquartered in North Sydney, New South Wales with offices in Tamworth, NSW ...
2019-05-02 07:00
8073
81 percent of organizations identify IP as a top 10 risk, while insurance covers only 16 percent of $1B in potential losses
Insurance coverage doesn't correlate to wide differential between valuation of PP&E compared to intangible assets, new study says LONDON, April 30, 2019 /PRNewswire/ -- Aon plc (NYSE: AON) and the Ponemon Institute released a global 2019 Intangible Assets Financial Statement Impact Comparison Re...
2019-04-30 18:00
6422
Ping An continues steady growth in 1Q 2019 with 21% YoY increase in operating profit
HONG KONG and SHANGHAI, April 30, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group" or the "Company", HKEX: 2318; SSE: 601318) announced today its 2019 first quarter financial results for the three months endedMarch 31, 2019. Operating profi...
2019-04-30 08:05
7756
Aon reports risk readiness drops to lowest level in 12 years
Aon's 2019 Global Risk Management Survey identifies challenges organizations face in assessing and responding to traditional and emerging risks LONDON, April 29, 2019 /PRNewswire/ -- Economic and global trade concerns are challenging organizations' ability to invest adequately in preparing for an...
2019-04-29 18:00
6515
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