Insurance

Sun Life and Beyond Sport launch second year of "Hoops + Health" program boosting investment to help young people get active

The community program has helped over 14,000 people across six market Asia get active through basketball in its first year, with a goal of helping 45,000 people by end 2025. HONG KONG, April 7, 2025 /PRNewswire/ -- Sun Life, in partnership with global sport for social change foundation Beyond Sp...

2025-04-07 17:00 2601

Ping An Releases 2024 Sustainability Report

30 Years of Public Welfare Education "Worry-free, Time-saving and Money-saving" Project Creates a New Paradigm in Services HONG KONG and SHANGHAI, April 7, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An", the "Company" or the "Group", HKEX: 2318; SSE: 601318) has ...

2025-04-07 15:08 3931

MDRT Sponsors 29th Asia Insurance Industry Awards

New sponsorship showcases the organization's commitment to growing the financial services profession inAsia. SINGAPORE, April 7, 2025 /PRNewswire/ -- MDRT (Million Dollar Round Table), The Premier Association of Financial Professionals®, is proud to announce its sponsorship of theAsia Insurance ...

2025-04-07 11:00 2576

Jewelers Mutual® Group Acquires Q Report

The acquisition creates a competitive advantage that will expand the Group's footprint intoAustralia and allow for operational synergies that will benefit the global jewelry market. NEENAH, Wis., April 3, 2025 /PRNewswire/ -- Jewelers Mutual® Group, the insurance and business solutions provider ...

2025-04-03 05:00 2600

Fosun International 2024 Annual Results Presentation: Aiming for RMB10 Billion in Future Industrial Operation Profit

HONG KONG and SHANGHAI, April 2, 2025 /PRNewswire/ -- On 1 April 2025, Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group") held its 2024 annual results presentation inShanghai. The results presentation was attended b...

2025-04-02 13:51 4876

Lockton launches Professional and Executive Risk, transforming its global financial lines business

KANSAS CITY, Mo., March 31, 2025 /PRNewswire/ -- Lockton, the world's largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive ...

2025-03-31 19:00 2149

AWP Services New Zealand Limited t/a Allianz Partners forges a strategic partnership with Mitsui Sumitomo Insurance Company, Limited

AUCKLAND, New Zealand, March 31, 2025 /PRNewswire/ -- Allianz Partners New Zealand and Mitsui Sumitomo Insurance Company Limited New Zealand Branch ("MSI NZ"), a member of MS&AD Insurance Group, are excited to announce a multi-year agreement, marking the beginning of a strategic partnership to f...

2025-03-31 04:00 2105

Manulife and UpLink, a World Economic Forum Initiative, Launch the 'Innovating for Asia's Demographic Future Challenge'

This challenge is the second of three in a multiyear partnership to help shape the future of longevity innovation HONG KONG, March 27, 2025 /PRNewswire/ -- Manulife launched the 'Innovating forAsia's Demographic Future Challenge' through UpLink, the World Economic Forum's early-stage innovation ...

2025-03-27 09:00 1552

FuSure Reinsurance Secures Long-Term Insurance Authorization and Upgrades to Composite License from Hong Kong Insurance Authority

HONG KONG, March 24, 2025 /PRNewswire/ -- FuSure Reinsurance ("FuSure") is pleased to announce that, following four years of steady growth, it has successfully secured a long-term insurance authorization (Class A and Class D) from the Hong Kong Insurance Authority (HKIA), and upgraded its existin...

2025-03-24 09:00 2835

Manulife Launches Industry-Leading 'Cancer Drug Support Service' in Collaboration with Prosper Health and Shenzhen New Frontier United Family Hospital

New service enhances customer access to cost-effective cancer medications available in mainlandChina, helping to reduce cancer medication expenses while providing essential support for their treatment journey HONG KONG, March 20, 2025 /PRNewswire/ -- Manulife Hong Kong has collaborated with Pros...

2025-03-20 14:00 2327

Ping An Reports Stable Growth in Operating Profit Attributable to Shareholders of the Parent Company in 2024, Net Profit Attributable to Shareholders of the Parent Company Surges 47.8% YoY

Cash Dividend Increases for 13th Consecutive Year  HONG KONG and SHANGHAI, March 19, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) today announced its financial results for the year endedDecember 31, 2024. In 2...

2025-03-19 21:57 3374

Goldman Sachs Maintains 'Buy' Rating for Waterdrop with Price Target of US$1.80

BEIJING, March 19, 2025 /PRNewswire/ -- Following the release of Waterdrop Inc. 's (WDH) fourth-quarter and full-year 2024 financial results, Goldman Sachs' latest research report maintains a "Buy" rating for Waterdrop and sets a 12-month price target ofUS$1.80 per...

2025-03-19 20:53 3307

Waterdrop Inc. Receives a 'Buy' Rating from UOB Kay Hian with Price Target of US$2.20

BEIJING, March 19, 2025 /PRNewswire/ -- On March 14, 2025, UOB Kay Hian included Waterdrop Inc. (WDH) for the first time inits most recent report

2025-03-19 20:47 3288

Nearmap Launches 'Portfolio Intelligence' Solution for P&C Insurers

Portfolio Intelligence is an AI-powered solution enabling insurance carriers to act on portfolio-level insights at scale and with greater precision. SALT LAKE CITY, March 18, 2025 /PRNewswire/ -- Nearmap, a leading provider of property intelligence to insurers, today announced the launch of Portf...

2025-03-18 20:00 1538

Hong Kong SMEs concerned about numerous business risks, but few invest in protective measures, unearths QBE annual survey

* Around one-third of businesses are concerned about the financial fallout from business interruption, loss of key staff, and equipment breakdown — while only about one quarter hold insurance policies that cover these. * Attention to workplace safety and health issues remains high, with more ...

2025-03-18 14:30 1762

Annual QBE survey finds Singapore SMEs remain underinsured despite concerns over multiple business risks; and a major employer of workers over 65 years old

* Almost three quarters of businesses are concerned about the financial fallout from business interruption, damage or loss of inventory, and fraud — while only around 20% hold insurance policies that cover these. * Attention to workplace safety and health (WSH) issues has slipped slightly, wi...

2025-03-18 14:30 1752

Manulife Names Steve Finch Asia President and CEO

TSX/NYSE/PSE: MFC SEHK: 945 Former Chief Actuary to Succeed Phil Witherington Effective May 9th TORONTO and HONG KONG , March 18, 2025 /PRNewswire/ -- Manulife announced that Steve Finch has been appointed President and CEO of Manulife Asia, effective May 9th. Mr. Finch succeeds Phil Witherington...

2025-03-18 08:30 1471

Global Consulting Company J.S. Held Announces CEO Succession

JERICHO, N.Y., March 18, 2025 /PRNewswire/ -- Global consulting firm J.S. Held announces that Chief Executive Officer (CEO)Jonathon (Jon) Held intends to step down as Chief Executive Officer.  J.S. Held President and Chief Operating Officer (COO)Lee Spirer will succeed Jon Held as President and C...

2025-03-18 08:07 1936

Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance

RICHMOND, Va., March 17, 2025 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today thatSimon Wilson, currently President of Markel International, has been appointed Chief Executive Officer of the company's three primary underwriting businesses—Markel Specialty, Markel International, and ...

2025-03-17 20:00 2256

Ping An P&C and FAW Hongqi Launch Intelligent Driving Insurance Services to Safeguard Drivers

HONG KONG and SHANGHAI, March 17, 2025 /PRNewswire/ -- Ping An P&C, a subsidiary of Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx: 2318 / 82318; SSE: 601318) has partnered with FAW Hongqi Auto. Sales Co., Ltd. (FAW Hongqi) to launch Hongqi Intelligent Driving Pro...

2025-03-17 16:34 2973
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