Insurance

Only 15% of Singaporeans have Sufficient Critical Illness Coverage: AXA Survey

* 1 in 2 Singaporeans feel financially prepared for the onset of a critical illness, but only 15% have critical illness coverage that meets the Life Insurance Association (LIA)Singapore's recommended level of 3.9 times of annual income. * A false sense of security could be a reason for the la...

2021-07-05 09:33 1728

Carrot Doubles Its Capital Through A Successful $90 Million Rights Offering

SEOUL, South Korea, July 2, 2021 /PRNewswire/ -- Carrot General Insurance Corp. ("Carrot" or the "Company"),South Korea's first digital-only insurance provider, announced Friday that the rights offering (the "Rights Offering") has been successfully closed with the gross proceeds of ₩100 billion (...

2021-07-02 15:47 2210

bolttech achieves unicorn status following US$180 million series A, the largest ever for an insurtech

NEW YORK and SINGAPORE, July 1, 2021 /PRNewswire/ -- bolttech, one of the fastest growing international insurtech companies, today announced the completion of an oversubscribedUS$180 million series A funding round led by Activant Capital Group ("Activant"), joined by investors includingTony Fadel...

2021-07-01 19:00 2422

MSIG extends its commitment to drive biodiversity conservation efforts through the launch of two new interactive trails

* Building on the earlier success of its 2019 MSIG Biodiversity Trail, MSIG Insurance launched two new interactive, educational trails this year on the District app * These trails contain in-app challenges designed by Conservation International, which will enable users to learn more about t...

2021-07-01 10:00 2070

IMG Announces Start of Fifth 'Leave Your Mark' Global Outreach Essay Contest

INDIANAPOLIS, July 1, 2021 /PRNewswire/ -- International Medical Group (IMG) is proud to announce the start of their fifth Leave Your Mark essay contest. Initially started in 2017, the Leave Your Mark contest is designed to support and invest in causes addressed by mission and social good organiz...

2021-07-01 03:17 1409

AXA offers free personal accident protection coverage up to HKD600,000

HONG KONG, June 30, 2021 /PRNewswire/ -- AXA Hong Kong ("AXA") announces the launch of AXA "Support Local Tourism" Programme ("Programme"). From 1 July to31 December 2021, Hong Kong citizens aged between 6 months to 85 years old who have joined any registered local group tours organised by a lice...

2021-06-30 14:18 1708

Emerging markets face a USD 5.4 trillion-per-year shortfall in savings for sustainable retirements, says Swiss Re Institute

- Emerging markets face a USD 5.4 trillion pension savings shortfall for every year of their workers' retirements, orUSD 106 trillion in cumulative terms.¹ - This gap between emerging markets' pension assets and pension income need is aboutUSD 40,000 for every worker – about 8.5 times the average...

2021-06-29 19:00 1132

Manulife Investor Day 2021

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO, June 29, 2021 /PRNewswire/ -- Manulife Financial Corporation ("Manulife" or the "Company") is hosting an Investor Day today at8 a.m. EDT. Manulife's senior management will present the n...

2021-06-29 18:45 21916

Simon Wilson to succeed William Stovin as President of Markel International

LONDON, June 29, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today thatSimon Wilson will become the next President of Markel International, a wholly-owned subsidiary. He will succeedWilliam Stovin who has led the Markel International division since 2008. The transition is part o...

2021-06-29 17:00 21181

Ping An Wins Bid to Build China's Provincial Public Health Emergency Management Platform

HONG KONG and SHANGHAI, June 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Smart City has won the bid to assistHubei Province in building a one-stop public health emergency management s...

2021-06-28 17:43 23816

Chubb Makes Leadership Appointments in Europe, Middle East and Africa Region

LONDON, June 28, 2021 /PRNewswire/ -- Chubb has today announced senior leadership appointments in theEurope, Middle East and Africa (EMEA) region. Sara Mitchell is appointed Division President of Continental Europe, Middle East and North Africa. Sara will be responsible for Chubb's property and ...

2021-06-28 17:14 8745

Insider brings AI-powered personalised experiences across Etiqa Insurance's customer engagement channels

SINGAPORE, June 28, 2021 /PRNewswire/ -- Insider, the leading platform for individualised, cross-channel experiences, has partnered with Etiqa Insurance to support the insurer's growth through AI-powered personalised experiences across their digital channels. Insider's platform can serve conte...

2021-06-28 10:30 3378

China's Public Health System Primed for Digital Innovation Online/Offline Service Delivery 'Huge Growth Opportunity', says Ping An Co-CEO

HONG KONG and SHANGHAI, June 25, 2021 /PRNewswire/ -- Ping An is investing further in its healthcare ecosystem to meet the growing public healthcare needs inChina, says Jessica Tan, Co-CEO of Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 60...

2021-06-25 21:19 27370

Manulife proudly presents Hong Kong's first all-weather mega indoor wave pool at the city's new iconic Water World Ocean Park

HONG KONG, June 24, 2021 /PRNewswire/ -- Manulife Hong Kong today announced a landmark sponsorship of Water World Ocean Park's Horizon Cove, the first mega indoor wave pool inHong Kong. Scheduled to open this year, the 1,450-square-metre, all-weather pool will bring thrilling new experiences to H...

2021-06-24 18:38 3343

Long-Term COVID-19 Fears Drive Major Shift in Household Savings in Asia

HONG KONG, June 24, 2021 /PRNewswire/ -- AIA Group Limited ("AIA"; or the "Company"; stock code: 1299)  announced today the results of a survey on the impact of COVID 19 on household savings, revealing that as many as 71 per cent of consumers plan to save more, driven by fear and insecurity ari...

2021-06-24 15:14 23585

Ping An Chairman Marks 33rd Anniversary of Group with Message: My Thoughts on the New Digitalization

HONG KONG and SHANGHAI, June 23, 2021 /PRNewswire/ -- Peter Ma, Chairman and founder of Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318), marked the 33rd anniversary of the company with a reflection on the impact of digitalization on hu...

2021-06-23 20:02 25260

Ping An Ranks 49th in BrandZ™ Top 100 Most Valuable Global Brands, Top Among all Global Banks and Insurance Companies

HONG KONG and SHANGHAI, June 22, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced that it is #1 among global banks and insurance companies in the 2021 BrandZ™ Top 100 Most Valuable Global Brands, issued by K...

2021-06-22 21:45 26818

CPIC Celebrates First Anniversary of Listing on the London Stock Exchange

HONG KONG, June 22, 2021 /PRNewswire/ -- China Pacific Insurance (Group) Co., Ltd. (the "CPIC" or the "Company"; Stock code: 2601.HK, 601601.SH, CPIC.LSE) celebrates its first anniversary of listing on the London Stock Exchange (the " LSE"). On 22 June 2020, CPIC successfully completed the issuan...

2021-06-22 15:20 21517

TIAN RUIXIANG Holdings Ltd Steps into Healthcare Management Industry

BEIJING, June 21, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq:  TIRX) (the "Company"), a China-based insurance broker, announced today that the Company plans to explore and expand into healthcare management industry. The Company plans to cooperate with governments, insurance companies,...

2021-06-21 20:00 22695

Ping An Makes Breakthrough in Artificial Intelligence-Driven Drug Research

HONG KONG and SHANGHAI, June 21, 2021 /PRNewswire/ -- Research by Ping An Healthcare Technology Research Institute and Tsinghua University has led to a promising deep learning framework for drug discovery, announced Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Grou...

2021-06-21 19:37 23274
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