Insurance

Ping An Reports Stable Growth in Operating Profit Attributable to Shareholders of the Parent Company in 2024, Net Profit Attributable to Shareholders of the Parent Company Surges 47.8% YoY

Cash Dividend Increases for 13th Consecutive Year  HONG KONG and SHANGHAI, March 19, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) today announced its financial results for the year endedDecember 31, 2024. In 2...

2025-03-19 21:57 3317

Goldman Sachs Maintains 'Buy' Rating for Waterdrop with Price Target of US$1.80

BEIJING, March 19, 2025 /PRNewswire/ -- Following the release of Waterdrop Inc. 's (WDH) fourth-quarter and full-year 2024 financial results, Goldman Sachs' latest research report maintains a "Buy" rating for Waterdrop and sets a 12-month price target ofUS$1.80 per...

2025-03-19 20:53 3271

Waterdrop Inc. Receives a 'Buy' Rating from UOB Kay Hian with Price Target of US$2.20

BEIJING, March 19, 2025 /PRNewswire/ -- On March 14, 2025, UOB Kay Hian included Waterdrop Inc. (WDH) for the first time inits most recent report

2025-03-19 20:47 3243

SunCar Technology Expands Strategic Partnership with Ping An Bank

NEW YORK, March 18, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services inChina, today announced a significant expansion of its strategic partnership withPing An Bank. The enhanced...

2025-03-18 21:22 2572

Nearmap Launches 'Portfolio Intelligence' Solution for P&C Insurers

Portfolio Intelligence is an AI-powered solution enabling insurance carriers to act on portfolio-level insights at scale and with greater precision. SALT LAKE CITY, March 18, 2025 /PRNewswire/ -- Nearmap, a leading provider of property intelligence to insurers, today announced the launch of Portf...

2025-03-18 20:00 1511

Hong Kong SMEs concerned about numerous business risks, but few invest in protective measures, unearths QBE annual survey

* Around one-third of businesses are concerned about the financial fallout from business interruption, loss of key staff, and equipment breakdown — while only about one quarter hold insurance policies that cover these. * Attention to workplace safety and health issues remains high, with more ...

2025-03-18 14:30 1721

Annual QBE survey finds Singapore SMEs remain underinsured despite concerns over multiple business risks; and a major employer of workers over 65 years old

* Almost three quarters of businesses are concerned about the financial fallout from business interruption, damage or loss of inventory, and fraud — while only around 20% hold insurance policies that cover these. * Attention to workplace safety and health (WSH) issues has slipped slightly, wi...

2025-03-18 14:30 1721

Manulife Names Steve Finch Asia President and CEO

TSX/NYSE/PSE: MFC SEHK: 945 Former Chief Actuary to Succeed Phil Witherington Effective May 9th TORONTO and HONG KONG , March 18, 2025 /PRNewswire/ -- Manulife announced that Steve Finch has been appointed President and CEO of Manulife Asia, effective May 9th. Mr. Finch succeeds Phil Witherington...

2025-03-18 08:30 1448

Global Consulting Company J.S. Held Announces CEO Succession

JERICHO, N.Y., March 18, 2025 /PRNewswire/ -- Global consulting firm J.S. Held announces that Chief Executive Officer (CEO)Jonathon (Jon) Held intends to step down as Chief Executive Officer.  J.S. Held President and Chief Operating Officer (COO)Lee Spirer will succeed Jon Held as President and C...

2025-03-18 08:07 1872

Health In Tech Announces Fourth Quarter and Full Year 2024 Financial Results

* Total audited revenue for 2024 was $19.5 million. * The first two months of 2025, our unaudited revenue is about $5.7million, more than 50% growth year over year for the first two months of 2024, and exceeded the revenue of the entire Q1 of 2024 * Cash and cash equivalents were $7.8 millio...

2025-03-18 04:30 2653

Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance

RICHMOND, Va., March 17, 2025 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today thatSimon Wilson, currently President of Markel International, has been appointed Chief Executive Officer of the company's three primary underwriting businesses—Markel Specialty, Markel International, and ...

2025-03-17 20:00 2228

Ping An P&C and FAW Hongqi Launch Intelligent Driving Insurance Services to Safeguard Drivers

HONG KONG and SHANGHAI, March 17, 2025 /PRNewswire/ -- Ping An P&C, a subsidiary of Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx: 2318 / 82318; SSE: 601318) has partnered with FAW Hongqi Auto. Sales Co., Ltd. (FAW Hongqi) to launch Hongqi Intelligent Driving Pro...

2025-03-17 16:34 2936

Bowtie and Gleneagles Hospital Hong Kong Collaborate to Upgrade VHIS Rider to Include Histotripsy Treatment In "Bowtie & Gleneagles Hospital Wellness Package"

Swift inclusion of innovative liver tumor treatment technology, lowers barriers for Hongkongers to access advanced medical services HONG KONG, March 14, 2025 /PRNewswire/ -- Bowtie, Hong Kong's first virtual insurer[1], collaborates with Gleneagles Hospital Hong Kong (Gleneagles), Asia's first p...

2025-03-14 13:54 3024

Beyond Claims: How Kuky Helps Health Insurers Enhance Community Well-Being

SYDNEY, March 14, 2025 /PRNewswire/ -- In 2022-23, Australia spent more than $8 billion on state and territory specialised mental health services. Already staggering, the amount does not include Australian Capital Territory jurisdictional or non-Commonwealth numbers, which were not available when...

2025-03-14 08:40 2590

Ping An #1 in Brand Finance's Global Insurance Brand Value for 9th Year, Brand Value Reaches $33.6 Billion

HONG KONG and SHANGHAI, March 13, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx: 2318 / 82318; SSE: 601318) took top spot in the Brand Finance Insurance 100 2025 ranking, for the ninth year in a row, boasting a brand value ofUS$33.6 billion. ...

2025-03-13 16:40 4046

The Society of Actuaries Announces Opening of Singapore Office

SINGAPORE and CHICAGO, March 13, 2025 /PRNewswire/ -- The Society of Actuaries (SOA), the world's largest actuarial professional organization, announces the opening of a new regional office inSingapore. Actuaries are professional experts in measuring and analyzing risk, and work in a variety of f...

2025-03-13 13:59 2198

Waterdrop Inc. Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results and a Cash Dividend

BEIJING, March 12, 2025 /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 three and twelve months ended...

2025-03-12 18:18 3795

FWD Group posts first IFRS 17 net profit in 2024 full year results

Strong 31 percent growth in new business CSM; delivers positive operating cashflow HONG KONG, March 12, 2025 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "FWD") today announced its full year results for the twelve months ended31 December 2024. *  Net profit after tax of US$24 mi...

2025-03-12 10:15 3030

Cheche Group Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement

BEIJING, March 11, 2025 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"),China's leading auto insurance technology platform, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Sto...

2025-03-11 18:00 2718

SunCar Wins Contract to Build Insurance Platform for Major EV Maker Leapmotor

NEW YORK, March 10, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services inChina, today announced it has secured a contract to develop and operate the insurance management platform f...

2025-03-10 20:45 3101
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