Insurance

FWD to raise US$1.425 billion in private placements from investors

HONG KONG, Dec. 14, 2021 /PRNewswire/ -- FWD Group Holdings Limited ("FWD") today announced that it has entered into subscription agreements with a number of investors including a subsidiary of leading retirement services company Athene Holding Ltd., through an investment allocated by its asset m...

2021-12-14 11:11 2736

Manulife selects startups to further digitise, simplify customer experience across Asia

HONG KONG, Dec. 14, 2021 /PRNewswire/ -- Manulife and global venture accelerator firm Brinc have announced today the three startups selected for the ManulifeBOOST  2021 cohort. Manulife is increasingly engaging the startup c...

2021-12-14 11:00 5025

Chubb Organizes Community Outreach in Asia Pacific

SINGAPORE, Dec. 14, 2021 /PRNewswire/ -- Chubb's annual Regional Day of Service (RDS) in theAsia Pacific took place during the week of 8 – 12 November 2021, with employees in 10 markets participating in community outreach projects. To view the Multimedia News Release, please click: https://www.p...

2021-12-14 10:45 94236

Ping An Named Winner of Hong Kong Corporate Governance and ESG Excellence Awards 2021

HONG KONG and SHANGHAI, Dec. 13, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEX: 02318; SSE: 601318) announced the Group has won the Hong Kong Corporate Governance Excellence Award 2021 in the category of Main Board Companies – Hang ...

2021-12-13 19:31 3648

Ping An Announces 2020 Climate Risk Management Report

HONG KONG and SHANGHAI, Dec. 10, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) has published its 2020 Climate Risk Management Report (hereafter "Report"). The report coversPing An's green finance strategy elaborat...

2021-12-10 19:21 5014

Ping An's AI-driven AskBob Doctor Earns Top Scores in Diabetes Management Competition

HONG KONG and SHANGHAI, Dec. 8, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced that its AskBob Doctor, an artificial intelligence-driven consultation and treatment assistance tool, scored an average of 92....

2021-12-08 05:44 4836

Regency Assurance Appoints Stephen Coughlin as Group Director

LONDON, Dec. 7, 2021 /PRNewswire/ -- International insurance and financial services giant Regency Assurance has announced the appointment ofStephen Coughlin as Group Director. Mr Coughlin's role is to build upon the organisation's progress and professionalism in order to retain its position as a...

2021-12-07 16:44 1923

bolttech welcomes new strategic investor, BRV

SINGAPORE and SEOUL, South Korea, Dec. 7, 2021 /PRNewswire/ -- bolttech , the fast-growing international insurtech, today announced it has welcomed another strategic investor, BRV Capital Management (BRV), anAsia-based investment platform. The addition follows bolttech's ...

2021-12-07 15:57 4149

Fidelity Life selects Legerity's IFRS17 SaaS solution

LONDON, Dec. 6, 2021 /PRNewswire/ -- Fidelity Life, New Zealand's largest locally owned life insurer, has selected Legerity's FastPost Express for IFRS17 solution to help it transition to the new International Financial Reporting Standard (IFRS17). Fidelity Life has embarked on a bold transforma...

2021-12-06 19:43 2209

Ping An Co-CEO Sees Greater Bay Area Opportunity for Hong Kong with Three Challenges ahead

HONG KONG and SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Hong Kong, as an international financial center, is positioned to play an important role in the building of the Greater Bay Area (GBA), saysJessica Tan, Co-CEO of Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Grou...

2021-12-06 15:12 4683

Ping An Receives the Two Directors of The Year Awards 2021 from the Hong Kong Institute of Directors

HONG KONG and SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) was recognized by the Hong Kong Institute of Directors with two Directors of The Year Awards this year. Dr. Ma Mingzhe, Chairman of the ...

2021-12-06 15:08 4069

Captive insurance to be a primary focus in Labuan IBFC's 5-year strategic roadmap

KUALA LUMPUR, Malaysia, Dec. 3, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) continues to expand with increasing demand for its varying captive structures from across the globe, charting a 28% increase in its premiums for captive business and 18 new captiv...

2021-12-03 09:00 3065

Qumata enters into agreement with major pan-Asian insurer AIA Group to accelerate innovative digital underwriting

HONG KONG, Dec. 2, 2021 /PRNewswire/ -- Qumata (formerly known as HealthyHealth), a global company transforming the insurance industry ecosystem with a machine learning and artificial intelligence (ML/AI) underwriting solution, entered into an agreement to provide its services acrossAsia to AIA ...

2021-12-02 16:30 3917

Arthur J. Gallagher & Co. Completes Acquisition of Willis Towers Watson plc Treaty Reinsurance Brokerage Operations

ROLLING MEADOWS, Ill., Dec. 1, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has completed the acquisition of substantially all of the treaty reinsurance brokerage operations fromWillis Towers Watson plc. Together with Gallagher's existing reinsurance operations, the co...

2021-12-01 17:00 3717

Manulife announces new 'MOVE for GOOD' Challenge to promote health and help elderly people living alone stay warm this winter

HONG KONG, Nov. 29, 2021 /PRNewswire/ -- Winter Solstice is an important festival inHong Kong that brings family and loved ones together. In the spirit of togetherness and sharing love with the community, Manulife has announced its third "MOVE for GOOD" Challenge to bring warmth to needy elderly ...

2021-11-29 16:25 3416

Lioner launch ceremony attended by finance industry partners; new managing director appointed focusing on business growth

* Over a hundred executives from the financial industry joined Lioner's launch ceremony, endorsing the company's unique all-in-one solutions across insurance, trust and family office * Katrina Chuk appointed Managing Director to strengthen Lioner's capability in serving clients inGreater Chin...

2021-11-26 11:55 4170

Klook and ZA Tech Enter Partnership in Multiple Markets, Cements Commitment to Innovate Insurance in Travel

* A first of its kind partnership in the travel industry, Klook and ZA Tech will embed a full range of travel-related insurance products across multiple markets. * The joint venture will see both companies integrating their operational and tech expertise, as well as marketing capabilities. ...

2021-11-23 11:00 8621

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...

2021-11-18 21:19 5070

Tokio Marine Partners WIZ.AI to Automate Customer Service Via Conversational AI Talkbot

JAKARTA, Indonesia, Nov. 18, 2021 /PRNewswire/ -- In its recent regional digitalisation transformation initiative, PT Asuransi Tokio Marine Indonesia ("TMI") partnered with WIZ.AI, the ASEAN Voice AI leader, to launch its conversational voice AI Talkbot. As one of the largest general in...

2021-11-18 12:00 2706

Morgan Housel joins Markel's Board of Directors

RICHMOND, Va., Nov. 17, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today  the appointment ofMorgan Housel to its board of directors, effectiveNovember 16, 2021. Housel serves as a partner of The Collaborative Fund, a multi-stage private investment fund. He is also a frequent ...

2021-11-17 09:43 2756
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