Insurance
InsurTech Carrot Distributes Distance-based Auto Insurance To More Than Half A Million Consumers
SEOUL, South Korea, March 9, 2022 /PRNewswire/ -- A leading insurance technology platform Carrot General Insurance Corp. ("Carrot" or the "Company"), today announced that it has sold more than 500 thousand policies for its flagship pay-per-mile usage-based (UBI) auto insurance program. Having ...
Ping An donates RMB10 million in anti-pandemic supplies to support Hong Kong
HONG KONG and SHANGHAI, March 3, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) has donated COVID-19 diagnostic test kits and protective equipment worthRMB10 million to the Hong Kong SAR Government through the Ping ...
China Life Singapore Officially Launched OneLife Core System to Reach a New Level on Digitalization and Core System Support
SINGAPORE, March 3, 2022 /PRNewswire/ -- Digital transformation and upgrading is the driving force of the transformation of the insurance industry, as well as the solid infrastructure for the company's resource allocation, business circulation and operation services. China Life Insurance (Singapo...
Gefen's new capability to increase customers share of wallet
TEL AVIV, Israel, March 3, 2022 /PRNewswire/ -- Gefen
New Subsidiary, New Advantage
HONG KONG, March 1, 2022 /PRNewswire/ -- China Pacific Insurance (Group) Co., Ltd.("CPIC" or the "Company"; Stock Code: 2601.HK, 601601.SH, CPIC.LSE ) recently informed that China Banking and Insurance Regulatory Commission officially approved the application of China Pacific Insurance to establis...
Aon Acquires Tyche Platform to Expand Insurance Consulting Capabilities for Clients
LONDON, March 1, 2022 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The transaction significantly expands Aon's existing capabilities to help re/insur...
Gibraltar BSN Launches i-FlexCover, A Subscription-based Insurance Solution
KUALA LUMPUR, Malaysia, March. 1, 2022 /PRNewswire/ -- Gibraltar BSN Life
Berhad has recently launched i-FlexCover
FWD Group files listing application with the Hong Kong Stock Exchange
HONG KONG, Feb. 28, 2022 /PRNewswire/ -- FWD Group Holdings Limited today
announced that it has filed a Form A1 Main Board listing application with The
Stock Exchange of Hong Kong Limited ("HKEx").
A copy of the Application Proof will be available on the HKEx's website
Transamerica Life Bermuda Launches New Trendsetter Ultra Term Life
SINGAPORE, Feb. 28, 2022 /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") for theSingapore market. Trendsetter U...
FWD Group announces update to bond consent solicitation and publication of annual results
HONG KONG, Feb. 28, 2022 /PRNewswire/ -- FWD Limited and FWD Group Limited – consolidated subsidiaries of FWD Group Holdings Limited ("FWD Group" or "the Company") – announced updates and additional information, including full year 2021 results for FWD Group, within announcements made today to th...
CPIC Gathers Pace in Serving Asian Games
HONG KONG, Feb. 25, 2022 /PRNewswire/ -- China Pacific Insurance (Group) Co., Ltd.("CPIC" or the "Company"; Stock Code: 2601.HK, 601601.SH, CPIC.LSE). "Welcome to the CPIC sponsored train…" OnFebruary 25, CPIC launched a ceremony to mark the first departure of the high-speed train which it sponso...
Hyundai, Kia and Genesis Sweep 2022 IIHS TOP SAFETY PICK+ and TOP SAFETY PICK Awards
* Insurance Institute for Highway Safety (IIHS) recognizes Hyundai Motor Group as the industry leader in safety, having bestowed the organization with the greatest combined number of 2022 awards * Hyundai Motor, Kia and Genesis take 21 TOP SAFETY PICK+ (TSP+) and TOP SAFETY PICK (TSP) awards ...
Hong Kong SMEs accelerate digitalisation efforts, QBE survey shows
HONG KONG, Feb. 22, 2022 /PRNewswire/ -- Small to medium-sized enterprises (SMEs) inHong Kong have made significant progress in digitalising their businesses and will continue to invest in digital technologies, according to a recent survey conducted by QBE Hong Kong. The drive for digitalisation...
Insular Life Leverages the OutSystems Platform to Drive Innovation Excellence
MANILA, Philippines, Feb. 21, 2022 /PRNewswire/ -- With the pandemic disrupting business continuity in the insurance industry and the need to accelerate digitalisation, Outsystems, a leading modern application platform and Insular Life (InLife), the first and largest Filipino life insurance compa...
Cassini Systems Named Best UMR Service of the Year in Risk Markets Technology Awards 2022
LONDON, NEW YORK and SINGAPORE, Feb. 18, 2022 /PRNewswire/ -- Cassini Systems , the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants and specialist in Uncleared Margin Rules (UMR) compliance, has just won the 2022 Risk Markets Technology A...
Qumata signals global expansion with extension of Series A funding to US$23M with an additional key investor joining its portfolio of backers
HONG KONG, Feb. 16, 2022 /PRNewswire/ -- Qumata, a global leader in tech solutions transforming the insurance industry ecosystem with a disruptive machine learning and artificial intelligence (ML/AI) underwriting solution, has announced an extension to its Series A round of funding toUS$23 mil...
Manulife Hong Kong reports strong fourth quarter and full-year 2021 results
* Core earnings for both the fourth quarter and full-year 2021 were at a record high * Agency channel further expanded and recorded a 13% growth in APE sales in the fourth quarter * APE sales in Macau more than doubled in 2021 HONG KONG, Feb. 15, 2022 /PRNewswire/ -- The Manulife group of c...
KoverNow's Mobile Insurance App for iOS Goes Live in Singapore
New app set to transform the way insurance is purchased and managed
SINGAPORE, Feb. 15, 2022 /PRNewswire/ -- KoverNow
Lufax Holding Ltd Enters MSCI China All Shares Index
HONG KONG and SHANGHAI, Feb. 14, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) is pleased to announce that Lufax Holding Ltd (NYSE: LU), an associate company of the Group, has been selected for inclusion in the MSC...
Budget Direct Insurance Challenges Singapore Motorists: Pay Less or Get up to $188 Even Without Purchasing
SINGAPORE, Feb. 11, 2022 /PRNewswire/ -- The award-winning Singapore insurer is
challenging motorists to beat their price on motor insurance. Drivers,
currently not insured byBudget Direct
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