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Chubb to Acquire Cigna's $3 Billion Premium Revenue Personal Accident, Supplemental Health and Life Insurance Business in Seven Asia-Pacific Markets for $5.75 Billion

- Acquisition further balances Asia's share of Chubb's global portfolio – from approximately$4 billion to $7 billion in net premiums written, or approximately 20% of the company (excludingChina) - Global A&H premiums grow from $3.7 billion to $6.1 billion - Asia life company premiums increase fr...

2021-10-08 11:05 21764

Huaxing Growth Capital completed its first close for Its latest USD Fund IV within four months

BEIJING, Oct. 8, 2021 /PRNewswire/ -- China Renaissance's Huaxing Growth Capital has successfully completed the first close of its USD Fund IV in record time, receiving near$550 million limited partnership commitment. The fundraising, towards an expected total fund size of ca. 1,200 million, att...

2021-10-08 10:50 5186

Fosun's German private banking unit H&A acquires full ownership of Bankhaus Lampe

HONG KONG and SHANGHAI, Oct. 8, 2021 /PRNewswire/ -- On October 8, 2021, German private bank Hauck & Aufhäuser (H&A), a subsidiary of Chinese innovation-driven consumer group Fosun International Ltd (00656HK), announced today that it has acquired a 100% percent stake in German private bank Bankha...

2021-10-08 10:10 22931

Cigna Reaches Agreement With Chubb To Divest Its Life, Accident And Supplemental Benefits Businesses In Seven Countries

Agreement will sharpen Cigna's focus on the growth path for its rapidly expanding global health portfolio BLOOMFIELD, Conn., Oct. 8, 2021 /PRNewswire/ -- Cigna Corporation (NYSE:CI), a global health service company, today announced a definitive agreement with Chubb (NYSE: CB) to sell its life, a...

2021-10-08 09:33 20614

Banks in Asia Are Going Green with Thales

* Established Asian banks including DBS Taiwan, UOB in Singapore and leading international bank Standard Chartered use Thales' sustainable banking solutions to help them reduce their carbon footprints. * Thales provides the industry's most complete sustainable offer, including eco-friendly ba...

2021-10-08 09:00 19885

Lu International Highly Commended in 'Overall Asia WealthTech Provider' Category at The WealthTechAsia Awards 2021

SINGAPORE, Oct. 8, 2021 /PRNewswire/ -- Lu International (Singapore) Financial Asset Exchange (PTE) Ltd. ('Lu International'), a subsidiary ofChina's leading technology-empowered personal financial services platform Lufax Holding (NYSE: LU), has won the honor of being named 'Highly Commended' in ...

2021-10-08 08:00 3504

Lu International Highly Commended in 'Overall Asia WealthTech Provider' Category at The WealthTechAsia Awards 2021

PIF, PCP Capital Partners and RB Sports & Media acquire Newcastle United Football Club

NEWCASTLE, England and RIYADH, Saudi Arabia, Oct. 8, 2021 /PRNewswire/ -- An investment group led by the Public Investment Fund (PIF), and also comprising PCP Capital Partners and RB Sports & Media (the "Investment Group"), has completed the acquisition of 100% of Newcastle United Limited and New...

2021-10-08 07:47 2614

Frost & Sullivan Announces the Launch of its Affiliate Frost Digital Ventures Powered by Human+Digital+Artificial Intelligence(TM) to Exploit Future Growth Opportunities

Frost Digital Ventures delivers digital and artificial intelligence solutions through its unique framework SAN ANTONIO, Oct. 8, 2021 /PRNewswire/ -- Frost & Sullivan announces the launch of its affiliate Frost Digital Ventures (FrostDigi), powered by Human+Digital+Artificial (HDA) INTELLIGENCE™ ...

2021-10-08 07:22 1755

Istanbul Financial Center to support Turkey's ambition to become a top 10 global economy

* Financial hub unites Turkey's financial services industry and international investors in the heart ofIstanbul, with ambitions to become one of the largest financial centers in the world * Sponsors of this weekend's Formula 1 Turkish Grand Prix as part of global marketing strategy ISTANBUL, ...

2021-10-08 06:24 5222

Istanbul Financial Center to support Turkey's ambition to become a top 10 global economy

Verrency appoints Jeroen van Son as new global CEO

MELBOURNE, Australia, Oct. 8, 2021 /PRNewswire/ -- Verrency is pleased to announce the promotion ofJeroen van Son to the role of Chief Executive Officer. David Link, Verrency Founder and Executive Chairman, with Verrency’s newly promoted CEO, ...

2021-10-08 06:12 6552

Verrency appoints Jeroen van Son as new global CEO

Visa Instalments Expands to Australia, Offering a New Way to Buy Now, Pay Later in Partnership with ANZ and Quest Payment Systems

SYDNEY, Oct. 8 2021 /PRNewswire/ -- Visa, the world's leader in digital payments, today announced the expansion of Visa Instalments inAustralia in partnership with ANZ, one of the country's largest financial institutions, and merchant payment provider Quest. The Visa solution lets Australian s...

2021-10-08 05:00 13873

AXA "Wealth Ultra Savings Plan (2-year Pay)" returns

HONG KONG, Oct. 7, 2021 /PRNewswire/ -- AXA Hong Kong and Macau's award-winning "Wealth Ultra Savings Plan" had first offered 2-year premium payment term in February this year – "Wealth Ultra Savings Plan (2-year Pay)"("Wealth Ultra (2-year Pay)"), which received overwhelming response in the mark...

2021-10-07 18:24 3190

Deep Longevity Launches Longevity Medicine Course for Physicians with Industry Experts

HONG KONG, Oct. 7, 2021 /PRNewswire/ -- Endurance RP Limited's ("Endurance Longevity" or the "Company" and together with its subsidiaries, the "Group"; stock code: 0575.HK)'s Deep Longevity, Inc, a company acquired on14 December 2020 which develops artificial intelligence to track human aging and ...

2021-10-07 15:30 11845

Traveloka, Southeast Asia's Lifestyle Superapp, Receives IDC Future Enterprise Awards in Singapore and Indonesia

* The IDC Future Enterprise Awards seek out disruptive organizations that have made critical breakthroughs in digital transformation across theAsia Pacific region. * Traveloka was recognized as the Best in Future of Connectedness by IDC Indonesia and the Best in Future of Intelligence by IDC ...

2021-10-07 14:15 5474

KVB PRIME Takes Home Best Forex Trading Experience Award

HO CHI MINH CITY, Vietnam, Oct. 7, 2021 /PRNewswire/ -- Online global investment broker, KVB PRIME, is thrilled to announce that it has been honoured with the prestigious and strongly contested 'Best Forex Trading Experience – Global' title in the Retail category of this year's Global Forex Award...

2021-10-07 12:00 4379

KVB PRIME Takes Home Best Forex Trading Experience Award

KUALA LUMPUR, Malaysia, Oct. 7, 2021 /PRNewswire/ -- Online global investment broker, KVB PRIME, is thrilled to announce that it has been honoured with the prestigious and strongly contested 'Best Forex Trading Experience – Global' title in the Retail category of this year's Global Forex Awards (...

2021-10-07 12:00 3247

Funding Societies raises US$18m Debt from Japanese and Singaporean Impact Investors, on track to raise US$120m

SINGAPORE, Oct. 7, 2021 /PRNewswire/ -- Funding Societies, Southeast Asia's largest SME digital financing platform, today announced that it has raisedUS$18 million in debt led by a trio syndicate of financial institutions including Helicap Investments, the newly launched Social Impact Debt Fund, ...

2021-10-07 10:15 3181

Funding Societies raises US$18m Debt from Japanese and Singaporean Impact Investors, on track to raise US$120m

Southeast Asia's Global Debut: Startups in the Spotlight at Tech in Asia Conference 2021

* Participants will get to visit exhibits of over 60 hot startups from Southeast Asia, watch Asia's finest compete head-to-head in the survival of the fittest, and join virtual roundtables led by tech industry leaders SINGAPORE, Oct. 7, 2021 /PRNewswire/ -- Tech in Asia, one of Southeast Asia's...

2021-10-07 10:00 3231

Southeast Asia's Global Debut: Startups in the Spotlight at Tech in Asia Conference 2021

TerraPay appoints Deepak Bhutra as the President of Business Development and Strategy - Payments

THE HAGUE, Netherlands, Oct. 7, 2021 /PRNewswire/ -- In a strategic move to strengthen the Payment Solutions business, TerraPay, a global payments infrastructure company today announced the appointment of Mr.Deepak Bhutra as the President of Business Development and Strategy-Payments. Deepak brin...

2021-10-07 10:00 6434

TerraPay appoints Deepak Bhutra as the President of Business Development and Strategy - Payments

Forrester Announces Full Conference Agenda For Technology & Innovation APAC 2021

SYDNEY, Oct. 7, 2021 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced the full conference agenda for its Technology & Innovation APAC 2021 live virtual experience to be held October 19–20, 2021...

2021-10-07 09:59 11158

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