Health Insurance
China Pacific Life Insurance (H.K.) Company Limited Granted Authorization for Long Term Insurance Business in Hong Kong
HONG KONG, Nov. 18, 2021 /PRNewswire/ -- China Pacific Life Insurance (H.K.) Company Limited ("CPIC Life (HK)", the "Company")announced that it has been authorized by the Hong Kong Insurance Authority to operate long term insurance business note1 in Hong Kong. John Cai, General Manager (CEO) of...
Cambodian Association of Finance and Technology: Successful Conclusion of CamTech Summit Powered by Prudential
PHNOM PENH, Cambodia, Nov. 16, 2021 /PRNewswire/ -- CamTech Summit Powered by
Prudential was a five-day hybrid Fintech and Tech event inCambodia held between
November 8-12, 2021 to inclusively showcase Cambodia's emerging and
accelerating Fintech and Tech sectors.
Transamerica Life Bermuda Launches New Trendsetter Ultra Term Life
HONG KONG, Nov. 15, 2021 /PRNewswire/ -- Transamerica Life (Bermuda) Ltd. (TLB), a leading High Net Worth (HNW) life insurance provider, today announced the launch of its latest term life insurance plan, Trendsetter Ultra Term Life ("Trendsetter Ultra"). Trendsetter Ultra will be available immedi...
Cigna Study Shows Hongkongers Ranked the Sixth Most Stressed Population Globally
HONG KONG, Nov. 8, 2021 /PRNewswire/ -- Cigna Hong Kong released today the Hong Kong findings of the latest Cigna 360 Well-Being Survey. This research is the seventh in a series of studies, which aims to better understand the impact of the COVID-19 pandemic on people's well-being, and includes ne...
Cigna Study Shows Hongkongers Ranked the Sixth Most Stressed Population Globally
HONG KONG, Nov. 8, 2021 /PRNewswire/ -- Cigna Hong Kong released today the Hong Kong findings of the latest Cigna 360 Well-Being Survey. This research is the seventh in a series of studies, which aims to better understand the impact of the COVID-19 pandemic on people's well-being, and includes ne...
AXA introduces an innovative "Energy Saving Campaign"
HONG KONG, Nov. 4, 2021 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") launches an innovative "Energy Saving Campaign" to encourage customers to "Go Green" by saving energy and reducing carbon emissions in our daily lives. We hope to combat climate change with collective actions. From now until...
Sun Life Hong Kong to support unemployed diabetics in an effort to care for the disadvantaged in society
HONG KONG, Nov. 1, 2021 /PRNewswire/ -- Sun Life Hong Kong Limited ("Sun Life Hong Kong" or the "Company") announced today that the Company will donate HK$80,000 to Diabetes Hongkong to support the charitable organization's Emergency Blood Glucose Monitoring Assistance Program for the Unemployed. ...
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...
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...
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...
China Life Singapore Extends Complimentary Coverage for COVID-19 Vaccine Protection Again To Support Customers
SINGAPORE, Oct. 6, 2021 /PRNewswire/ -- China Life Insurance (Singapore) Pte. Ltd ("China Life Singapore") announced that the Complimentary "COVID-19 Vaccine Protection" Coverage launched on23 March 2021 to reassure our customers' concerns on the possible COVID-19 vaccine side effects. This promo...
Gibraltar BSN Launches Limited-Edition Endowment Plan, GoGuarantee Plus
KUALA LUMPUR, Malaysia, Sept. 13, 2021 /PRNewswire/ -- Gibraltar BSN Life
Berhad ("Gibraltar BSN"), one ofMalaysia's fast growing life insurance
companies, has launched GoGuarantee Plus, a limited-edition endowment plan to
help Malaysians safeguard their retirement.
IMG Welcomes Kevin Melton as Global Head of IPMI
INDIANAPOLIS, Aug. 26, 2021 /PRNewswire/ -- International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, is pleased to announce thatKevin Melton has joined the company as the Global Head of IPMI (international private medical insurance). Melton...
AXA Hong Kong and HSBC jointly launch Overseas StudySurance
HONG KONG, Aug. 23, 2021 /PRNewswire/ -- With the increasing popularity of overseas study, AXA Hong Kong ("AXA") and HSBC launch a new insurance plan "Overseas StudySurance" to provide extensive care for students getting education abroad. With annual premium as low asHKD4,000, students can enjoy ...
Bupa Global launches Private Client, a first in market service redefining premium healthcare with dedicated Lifecare Concierge
Research reveals a rising interest in personalised and preventative healthcare amongst high net-worth individuals * Insights show there is continued impact from the pandemic, with 80% of HK top executives/ HNWIs having experienced mental health symptoms over the past year, with the most common...
MediTrust Health Raises Over RMB2 Billion in Series C Financing Successfully: ESG Drives Value Creation
HONG KONG, Aug. 18, 2021 /PRNewswire/ -- Shanghai MediTrust Health Technology Co., Ltd. (hereinafter referred to as "MediTrust"), a leading innovative healthcare services platform inChina, announced a successful capital raising of overRMB2 billion (approximately US$308 million) in a Series C fina...
Manulife survey shows 'saving for retirement' the primary financial goal for Hongkongers
HONG KONG, Aug. 12, 2021 /PRNewswire/ -- Close to one-third of Hong Kong people said their financial priority at present is to save for retirement, according to a new survey commissioned by Manulife. The research also revealed that in addition to maintaining good health and current living standar...
IMG Appoints Steve Paraboschi as Chief Executive Officer
INDIANAPOLIS, Aug. 10, 2021 /PRNewswire/ -- International Medical Group® (IMG®), an industry-leading international medical insurance, global assistance, and travel insurance company, is pleased to announce that Steve Paraboschi has been appointed as Chief Executive Officer, effective immediately...
AXA launches first-in-market "SurgiCare Surgical Insurance Plan" to provide lump-sum payout for VHIS defined surgeries
HONG KONG, Aug. 5, 2021 /PRNewswire/ -- AXA Hong Kong (AXA) launches "SurgiCare Surgical Insurance Plan" ("SurgiCare"). "SurgiCare" is the first-in-market surgical insurance plan based on the four levels under the existing Voluntary Health Insurance Scheme (VHIS) schedule of surgical procedures –...
Coller Capital And Ping An Overseas Holdings Announce Closure Of One Of The World's Largest Private Credit Secondaries Transaction
HONG KONG and SHANGHAI, Aug. 3, 2021 /PRNewswire/ -- Coller Capital ("Coller") and Ping An Overseas Holdings together with its subsidiaries ("Ping An"), the main offshore investment and asset management platform of Ping An Insurance (Group) Company ofChina, Ltd., have closed one of the world's la...
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