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...
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
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...
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 ...
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...
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....
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...
bolttech welcomes new strategic investor, BRV
SINGAPORE and SEOUL, South Korea, Dec. 7, 2021 /PRNewswire/ -- bolttech
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...
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...
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 ...
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...
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 ...
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...
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 ...
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...
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. ...
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...
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...
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 ...
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