Insurance

Number of Billion-Dollar Disasters in 2023 Highest on Record: Aon Report

-  Annual Climate and Catastrophe Insight report reveals global economic losses from natural catastrophes reached$380 billion in 2023 -  Insured losses reached $118 billion, with a protection gap of 69 percent -  95,000 fatalities resulted in deadliest year since 2010 LONDON, Jan. 23, 2024 /PRNews...

2024-01-23 23:00 4471

IMG Mobile App Now Available with 24/7 Access to Coverage for All Customers

INDIANAPOLIS, Jan. 23, 2024 /PRNewswire/ -- IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, is happy to announce its award-winning mobile app, IMG Mobile, is now available to all IMG customers. While previously available to select cu...

2024-01-23 22:00 2656

AXA upgrades "FortuneXtra Savings Plan"

Launches limited-time 2-year pay 8.8% p.a. guaranteed preferential interest rate for first year on prepaid premium – a top-of-the market[1] interest rate Offers enhanced potential returns, facilitates wealth continuation and enhances flexibility HONG KONG, Jan. 22, 2024 /PRNewswire/ -- AXA Hong ...

2024-01-22 15:48 2756

Leapstack has raised nearly 200 million RMB in Series C+ Funding, building a diversified technological value chain for health insurance

SHANGHAI, Jan. 18, 2024 /PRNewswire/ -- Leapstack, a prominent insurtech company, recently secured an impressive200 million RMB yuan in Series C+ Funding, led by Qiming Venture Partners. The funding round also saw active participation from Soochow Yihe Capital, and existing shareholder Legend Ca...

2024-01-18 22:34 3272

Leapstack has raised nearly 200 million RMB in Series C+ Funding, building a diversified technological value chain for health insurance

SHANGHAI, Jan. 18, 2024 /PRNewswire/ -- Leapstack, a prominent insurtech company, recently secured an impressive200 million RMB yuan in Series C+ Funding, led by Qiming Venture Partners. The funding round also saw active participation from Soochow Yihe Capital, and existing shareholder Legend Ca...

2024-01-18 22:18 3594

Ping An Named Brand Finance's Most Valuable Insurance Brand in China for the 8th Consecutive Year

HONG KONG and SHANGHAI, Jan. 18, 2024 /PRNewswire/ -- Leading brand valuation consultancy Brand Finance has namedChina's Most Valuable Insurance Brand as Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318). This is t...

2024-01-18 16:30 5681

Budget Direct Insurance Puts the Brakes on GST for Motor Insurance

SINGAPORE, Jan. 18, 2024 /PRNewswire/ -- Budget Direct Insurance  is disrupting the insurance industry by introducing a bold initiative to cover the full 9% GST on motor insurance with its latest promotion. This strategic step aims to provide better value for cu...

2024-01-18 09:00 3193

PARATUS LAUNCHES RENEWABLE POWER PRICE INSURANCE FOLLOWING GROWTH EQUITY INVESTMENT FROM ARA PARTNERS

Paratus Commercialised World's First Energy & Freight Insurance Policies Innovative Insurance Solution Helps Companies Manage Price Risk Exposure as Energy Transition Accelerates Expansion Enabled by Growth Equity Investment from Ara Partners ST. PETER PORT, Guernsey and DUBLIN, Jan. 17, 2024 /PR...

2024-01-17 17:00 2187

Manulife Announces New Global Longevity Innovation Challenge, in Partnership with the World Economic Forum's UpLink

Multi-year partnership will source global start-ups working to shape the future of longevity innovation and build an enabling ecosystem to accelerate their growth DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife today announced a new multi-year partnership with UpLink, the World Econom...

2024-01-17 13:01 3444

Manulife Named to 2024 Corporate Knights Global 100

Ranking fourth within the Insurance industry, Manulife recognized for performance in sustainable revenues and investments DAVOS, Switzerland, Jan. 17, 2024 /PRNewswire/ -- Manulife (TSX: MFC) has been named to the 2024 Corporate Knights Global 100 rankings as one of the world's most sustainable ...

2024-01-17 13:01 3593

Health In Tech Takes Center Stage at Greek House Annual Meeting at the World Economic Forum 2024 in Davos, Showcasing Innovation and Leadership

STUART, Fla., Jan. 16, 2024 /PRNewswire/ -- Health In Tech, an industry-leading insurtech company that delivers disruptive innovation and re-imagines self-funded health plans, is set to make waves at the Greek House Annual Meeting at the Greek House Annual Meeting at the World Economic Forum 2024...

2024-01-17 00:32 2714

HNB General Insurance Makes a Strategic Leap towards a Futuristic Insurance System with Project Phoenix

SINGAPORE, Jan. 16, 2024 /PRNewswire/ -- In a bold move to accelerate its digital transformation strategy, HNB General Insurance ("HNBGI") has announced the launch of Project Phoenix, a transformative initiative in collaboration with Azentio Software

2024-01-16 14:00 2592

QBE Launches Direct-to-Consumer Home Insurance Package in Macau, and Pets are Included

* Home Plus Protection Package (HPPP) can be purchased online by homeowners, tenants or landlords using QBE's new online platform. * Uniquely, pet owners will be pleased to know their furry friends are likewise covered under HPPP. * Launch is part of QBE Asia's drive to deliver customer-cent...

2024-01-15 11:46 3232

Budget Direct Insurance: A Singapore Success Story

SINGAPORE, Jan. 11, 2024 /PRNewswire/ -- A new report by leading consumer research firm, Value Champion*, shows howSingapore's insurance landscape has witnessed a remarkable shift, defying the traditional dominance of larger players. Among the emerging success stories, Budget Direct Insurance

2024-01-11 16:10 4287

Queclink's Cutting-Edge Vehicle Tracker Puts Automobile Insurance and UBI Telematics on the Fast Track

SHANGHAI, Jan. 8, 2024 /PRNewswire/ -- Queclink, the world-leading IoT device and solution provider, introduced today its latest battery-mounted vehicle tracker, the GB100CG. Designed for the specific needs of the automobile insurance and usage-based insurance (UBI) market, this innovative device...

2024-01-09 09:48 2615

AXA enhances multiple employee benefits to promote work-life balance in the workplace

Paid co-parent leave significantly increased to 40 days with additional days paid caregiver and fertility leave, providing support to employees at different life stages HONG KONG, Jan. 2, 2024 /PRNewswire/ -- AXA has always advocated for a diverse and inclusive corporate culture and is committed...

2024-01-02 12:14 4490

Cathay Insurance Vietnam and SAWAD Launch One-Stop "Dual Finance" Programme

HO CHI MINH CITY, Vietnam, Dec. 29, 2023 /PRNewswire/ -- Cathay Insurance Vietnam has partnered with SAWAD to launch a one-stop "Dual Finance" programme which allows customers to apply for the financial support, and at the same time, purchase separate mandatory insurance coverage in a streamlined...

2023-12-29 17:48 9114

AIA Hong Kong "Health & Wellness Survey" Defies Stereotypes: Family Overtakes Money as Key to Happiness, Redefines Health and Happiness

HONG KONG, Dec. 27, 2023 /PRNewswire/ -- Are Hong Kong people happy? AIA Hong Kong, a leading advocate for mental and physical health, unveiled the findings of its inaugural "Health & Wellness Survey#". It interviewed 400 Hong Kong residents and delivered a finding that challenges conventional be...

2023-12-27 16:03 2945

Qasim Power Plant: Igniting the Light of Hope for the Belt and Road

BEIJING, Dec. 27, 2023 /PRNewswire/ --   A news report from Ifeng News:   Qasim Power Plant, located in Port Qasim, Pakistan, officially started on May 21, 2015. After 36 months, two generator units are all grid-connected in advance. It'sPakistan's "Project 1", responsible f...

2023-12-27 15:57 2880

Jakarta-Bandung High-Speed Railway: a New Example for Belt and Road Cooperation

BEIJING, Dec. 25, 2023 /PRNewswire/ --  A report from Ifeng News:   On September 7, 2023, the Jakarta-Bandung High-Speed Railway, after eight year's construction, finally launched inIndonesia. It spans over 140 kilometers connectingJakarta with Bandung. It's the first High-...

2023-12-25 13:02 4886
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