Insurance

Asia-Pacific: Businesses' Financial Stability Challenged by Cash Flow in 2013

AMSTERDAM, Nov. 27, 2013 /PRNewswire/ -- 30% of total volume of B2B invoices paid late; 5% written off as uncollectable Maintaining sufficient cash flow is considered the biggest challenge that businesses in Asia-Pacific have had to face this year. According to the Atradius Payment Practices Baro...

2013-11-27 08:01 1023

QBE Mortgage Insurance (Asia) Limited "2014 Hong Kong Property Market Outlook" Luncheon

Expert Sharing With Banking Elites on Upcoming Market Trends HONG KONG, Nov. 26, 2013 /PRNewswire/ -- As part of the company's commitment to helping homebuyers realise their dream of home ownership by providing quality, flexible products and services, QBE Mortgage Insurance (Asia) Limited (QBE MI...

2013-11-26 16:05 2559

Prudence Foundation Pledges US$2 Million Commitment to Typhoon Haiyan Relief and Rebuilding Effort

HONG KONG, Nov. 19, 2013 /PRNewswire/ -- In response to the disaster in the Philippines following Typhoon Haiyan, the Prudence Foundation, the charitable arm of Prudential Corporation Asia, has pledged US$2 million to support the immediate relief and long term recovery effort in the affected areas. ...

2013-11-19 22:16 1525

Cigna Hong Kong Celebrates Its 80th Anniversary with an 'Angel'

-- Donates HK$0.5 million to support Hong Kong diabetes organization -- Drama performance 'The Angel on Earth' celebrates 'Angel of Diabetes' HONG KONG, Nov. 13, 2013 /PRNewswire/ -- Cigna Hong Kong has celebrated its 80th Anniversary with a trip to the theatre, recognizing a special 'A...

2013-11-13 18:27 2123

Maybank Launches Maybank Mobile Money, First P2P Mobile Payment Service in Singapore

Developed by Tagit, the service reduces reliance on cash, enabling transfers to friends and family on the go SINGAPORE, Nov. 12, 2013 /PRNewswire/ -- Maybank Singapore today announced the launch of Maybank Mobile Money, the first person-to-person (P2P) mobile payment service in Singapore that all...

2013-11-12 11:30 1135

SSP Establishes Strategic Partnership With NIIT Technologies to Drive Asian Expansion

SINGAPORE, Nov. 11, 2013 /PRNewswire/ -- SSP, a leading global provider of general insurance technology solutions, today announced that it has entered into an agreement with NIIT Technologies Ltd. (NSE: NIITTECH), a leading global technology and professional service delivery solutions organization. ...

2013-11-11 09:00 1225

MetLife Wins the Technology Initiative of the Year in the 17th Asia Insurance Industry Award 2013

HONG KONG, Nov. 8, 2013 /PRNewswire/ -- MetLife's strong commitment to innovation and disruptive technology has made it the award winner in the category of "Technology Initiative of the Year" at the 17th Asia Insurance Industry Awards Gala Dinner. (Logo: http://www.prnasia.com/sa/2013/10/17/20131...

2013-11-08 15:30 1792

Ageas Inflows Boosted by Strong Sales in Asia

HONG KONG, Nov. 7, 2013 /PRNewswire/ -- Ageas 9 month results 2013 (Note 1) -- Asia Financial Highlights. Ageas continues positive trend in third quarter -- Group net profit of its insurance operations was EUR 497 million (+11%); EUR 168 million in the third quarter -- Group inflows (...

2013-11-07 16:58 1462

MetLife Marks New Milestone in China with Key Appointment

SHANGHAI, Nov. 7, 2013 /PRNewswire/ -- After nearly 10 years of successful leadership, Bob Pei, MetLife China's CEO will be stepping down as CEO to become Senior Advisor for MetLife in Asia, responsible for key regional business development projects. Under his stewardship, MetLife China has grown to...

2013-11-07 13:43 2163

Bermuda to Become a Leading Centre for Islamic Finance

Bermuda's Premier Craig Cannonier at World Islamic Economic forum in London, 29-31 October LONDON, Oct. 30, 2013 /PRNewswire/ -- The Government of Bermuda plans to become a leading Western destination for Islamic finance, building on its world-leading position in insurance and reinsurance. The...

2013-10-30 15:17 1322

ZhengTong Auto Gains Insurance Agent License; DingZe Insurance Agency Company Limited Officially Established

-- Professionalization Trend of Automobile Insurance Agents -- Insurance Business Emerges as New Profit Driver HONG KONG, Oct. 24, 2013 /PRNewswire/ -- China ZhengTong Auto Services Holdings Limited ("ZhengTong Auto" or the "Company", together with its subsidiaries, the "Group", stock code: 172...

2013-10-24 00:15 1530

MetLife Expands its Capabilities with Key Senior Appointments in Asia

HONG KONG, Oct. 21, 2013 /PRNewswire/ -- MetLife is strengthening its position as a global leader in life insurance by making two key senior appointments to its team in Asia. Together with the Board of its Indian JV partner, PNB MetLife, the company announced today that it had appointed Mr. Tarun Ch...

2013-10-21 15:00 1498

Jiuhao Health Brings In China Life (Overseas) As Strategic Partner For Multi-field Business Cooperation And Expansion Into Insurance Operation

HONG KONG, Oct. 16, 2013 /PRNewswire/ -- China Jiuhao Health Industry Corporation Limited (formerly known as "Media China Corporation Limited"; "Jiuhao Health" or the "Company", together with its subsidiaries known as the "Group") (stock code: 00419.HK) is pleased to announce that the Company has en...

2013-10-16 20:25 1024

DirectAsia.com launches Online Term Life Insurance in Singapore

SINGAPORE, Oct. 14, 2013 /PRNewswire/ -- Pioneering online insurer, DirectAsia.com Singapore( http://www.directasia.com ) has launched an innovative online Term Life product, the first in the market with straight through processing and online policy issuance for cover over S$200,000, with the cover ...

2013-10-14 10:00 2964

New Health Insurance that Covers Pre-existing Conditions from DirectAsia.com HK

HONG KONG, Oct. 11, 2013 /PRNewswire/ -- Award-winning online insurer DirectAsia.com Hong Kong (http://www.directasia.com.hk/en) is expanding its business with the launch of a brand new health insurance product -- the first of its kind here. This new hospitalisation and surgical plan combines thr...

2013-10-11 10:27 1314

National Catastrophe Insurance Fund Supports Thai Insurance Industry to Return to Normal Mode

BANGKOK, Oct, 8, 2013 /PRNewswire/ -- Mr. Payungsak Chartsutipol, Chairman of the board, National Catastrophe Insurance Fund said Thai insurance business returns to normal mode with higher competition in the market seen compared to the time of major floods in 2011 due to the supportive roles and pol...

2013-10-08 09:00 1671

MetLife Announces Key Executive Appointments

-- Serge Raffard is appointed Regional Head of Strategy & Business Development -- Dustin Ball is appointed Country Manager, Vietnam HONG KONG, Oct. 7, 2013 /PRNewswire/ -- MetLife, Inc. (NYSE: MET) has recently made key appointment in its Asian leadership team. (Photo: http:/...

2013-10-07 19:35 4109

National Catastrophe Insurance Fund Supports Thai Insurance Industry to Return to Normal Mode

BANGKOK, Oct, 4, 2013 /PRNewswire/ -- Mr. Payungsak Chartsutipol, Chairman of the board, National Catastrophe Insurance Fund said Thai insurance business returns to normal mode with higher competition in the market seen compared to the time of major floods in 2011 due to the supportive roles and pol...

2013-10-08 09:00 10712

DHL Highlights Critical Need for Comprehensive Cargo Insurance

DHL's comprehensive cargo insurance product means cargo losses won't dent the bottom line SEOUL, South Korea, Oct. 1, 2013 /PRNewswire/ -- DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, is stepping up efforts to stress the importance of comprehensive cargo i...

2013-10-01 09:00 1077

DHL Highlights Critical Need for Comprehensive Cargo Insurance

DHL's comprehensive cargo insurance product means cargo losses won't dent the bottom line SINGAPORE, Sept. 26, 2013 /PRNewswire/ -- DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, is stepping up efforts to stress the importance of comprehensive cargo insuranc...

2013-09-26 10:00 922
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