Insurance

The "Digital Wallet Race" Intensifies as Banks and Fintechs in Asia and Around the World Invest in Insurance: Chubb Survey

* Strong consumer demand accelerating adoption of digital insurance offerings globally, withAsia and Latin America leading the pack  * Banks and fintechs are bullish on embedded insurance: majority expect offerings to comprise 10% or more of revenue in just three years SINGAPORE, Aug. 16, 202...

2023-08-16 20:00 5382

The "Digital Wallet Race" Intensifies as Banks and Fintechs in Asia and Around the World Invest in Insurance: Chubb Survey

* Strong consumer demand accelerating adoption of digital insurance offerings globally, withAsia and Latin America leading the pack * Banks and fintechs are bullish on embedded insurance: majority expect offerings to comprise 10% or more of revenue in just three years SINGAPORE, Aug. 16, 2023...

2023-08-16 20:00 4322

Waterdrop's AI-powered Conversational Platform Clinches Top Prize at 2023 Inslab Insurance Technology Innovation Competition

BEIJING, Aug. 15, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, recently triumphed at Inslab's 2023 Insurance Technology Innovation Competition, garnering the...

2023-08-15 12:53 4546

FWD Group marks 10th anniversary with its '10 grants in 10 markets' community initiative

HONG KONG, Aug. 14, 2023 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "FWD") marked the 10th anniversary since the FWD brand was introduced onAugust 14, 2013, by announcing its '10 grants in 10 markets' charitable initiative for local communities. In 10 years of operation, FWD ha...

2023-08-14 09:10 2006

Waterdrop Presents Advanced Digital Risk Management Solution at 2023 Inslab Insurance Technology Festival

BEIJING, Aug. 10, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, recently unveiled an innovative, digital intelligence-driven risk management approach at the20...

2023-08-10 19:41 5260

Markel announces Steven Feng as an underwriter for Warranty and Indemnity

MARKEL, London, Aug. 10, 2023 /PRNewswire/ -- Markel, the insurance operations within the Markel Group Inc. (NYSE: MKL), has namedSteven Feng as an underwriter for its Warranty and Indemnity (W&I) team. This new arrival forms an integral part of Markel's strategy as the organisation continues to ...

2023-08-10 02:56 4091

CPIC Life (HK) launches branded new increasing whole life insurance product "Ever-growing Whole Life Insurance Plan"

HONG KONG, Aug. 9, 2023 /PRNewswire/ -- China Pacific Life Insurance (H.K.) Company Limited ("CPIC Life (HK)" or "the Company") announced the launch of a new whole life insurance product, "Ever-growing Whole Life Insurance Plan" ("Ever-growing"), providing customers with a resilient financial sol...

2023-08-09 14:54 2967

Waterdrop Inc. Advances Sustainable Development with Completion of UN's Climate Ambition Accelerator Training

BEIJING, Aug. 8, 2023 /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, recently completed the United Nations Global Compact's Climate Ambition Accelerator (C...

2023-08-08 16:25 4790

Ping An ranked 33rd in the Fortune Global 500 List, 1st among global insurance enterprises

HONG KONG and SHANGHAI, Aug. 3, 2023 /PRNewswire/ -- Fortune has announced the 2023 Global 500 list. Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An " or the "Group", HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recordedUSD181,566 million. The Group ranked 5th among gl...

2023-08-03 20:28 9138

Ping An ranked 33rd in the Fortune Global 500 List, 1st among global insurance enterprises

HONG KONG and SHANGHAI, Aug. 3, 2023 /PRNewswire/ -- Fortune has announced the 2023 Global 500 list. Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An " or the "Group", HKEx:2318; SSE:601318) ranked 33rd on the list with its revenue recordedUSD181,566 million. The Group ranked 5th among gl...

2023-08-03 20:15 4805

ASEAN Indonesia Chairmanship Puts Strategic Focus on Key Regional Issues

JAKARTA, Indonesia, Aug. 2, 2023 /PRNewswire/ -- Indonesia is facilitating ASEAN countries in addressing critical strategic issues within the bloc. Among the top priorities are fostering monetary cooperation, managing financial affairs, strengthening social protection, and enhancing disaster insu...

2023-08-02 17:47 2155

IMG Announces Seventh Annual 'Leave Your Mark' Grant Opportunity

INDIANAPOLIS, Aug. 1, 2023 /PRNewswire/ -- IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, is excited to be accepting applications for its annual Leave Your Mark Grant. In its seventh year, the Leave Your Mark initiative is designed t...

2023-08-01 21:00 2006

Waterdrop won several awards from Institutional Investor's "2023 All-Asia Executive Team"

BEIJING, July 28, 2023 /PRNewswire/ -- On June 21, Institutional Investor, a renowned financial magazine, released its 2023 All-Asia Executive Team Ranking. Waterdrop Inc. (NYSE: WDH) received multiple awards in the insurance sector as follows:

2023-07-28 20:42 7265

FWD Group announces a new name and CEO for its Malaysian life insurance business

KUALA LUMPUR, Malaysia, July 28, 2023 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "the company") announcedAman Chowla as the new Chief Executive Officer for its Malaysian life insurance business. The company also announced the renaming of the business to FWD Insurance Berhad ("FWD ...

2023-07-28 15:31 4949

Peak Re named "Asian Reinsurer of the Year - Gold" at the Insurance Asia Awards 2023

HONG KONG, July 28, 2023 /PRNewswire/ -- Peak Reinsurance Company Limited (Peak Re), theAsia-based global reinsurer, is proud to have won "Asian Reinsurer of the Year – Gold" in theInsurance Asia Awards 2023.   The award is a testimonial of Peak Re's achievement over the past decade and a reco...

2023-07-28 10:35 2278

Autohome Inc. Announces Board Changes and Newly Appointed Female Board Member

BEIJING, July 26, 2023 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina, today announced that each of Mr. Zheng Liu and Mr. Jun Lu has resigned from their positions as the Company's directors due ...

2023-07-27 07:00 4574

Turkey and Syria Earthquakes Drive Nearly Half of Economic Losses from Global Catastrophes in First Half of 2023: Aon

Global insured losses were fourth highest on record at $53 billion, elevated by U.S. severe convective storms LONDON, July 20, 2023 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today published itsGlobal Catastrophe Recap: First Half (1H) of 2023, revealing a ...

2023-07-20 22:54 8083

Lexasure Financial Group and My Car Consultant Announce Auto Insurance Strategic Partnership

SINGAPORE and GEORGE TOWN, Cayman Islands, July 20, 2023 /PRNewswire/ -- Lexasure Financial Group Limited  ("Lexasure" or the "Company"), providing reinsurance, insurance, and insurtech solutions in South andSoutheast Asia, and My Car Consultant Pte. Ltd.

2023-07-20 21:00 2362

Ping An Announced IFRS 17 Update and Financial Information under IFRS 17 for 2022

HONG KONG and SHANGHAI, July 19, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) has released the IFRS 17 update, and provided an explanation of the major changes and the impact under the implementation of IFRS 17. It also dis...

2023-07-19 19:17 5744

First Blockchain-Powered Luxury Watch Embedded Insurance

HONG KONG, July 15, 2023 /PRNewswire/ -- YAS (www.yas.io/timecare ) is proud to announce the ground breaking launch of TimeCare, a revolutionary luxury watch insurance program powered by blockchain technology. TimeCare sets an unprecedented standard in the insurance i...

2023-07-15 01:33 5203
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