Insurance

Greater Insurability of Climate Risk is Key to Global Economic Resilience: Aon Catastrophe Report

* Annual report reveals 60 percent of economic damage caused by catastrophes in 2024 was uninsured * Insured losses reached $145 billion globally – the sixth costliest year on record DUBLIN, Jan. 22, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today ...

2025-01-22 19:13 4414

Ping An Bank Fuels Yulin Chemical's Green Transition With RMB2.3 Billion Loan

HONG KONG and SHANGHAI, Jan. 22, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An", "the Company" or the "Group" HKEX: 2318 / 82318; SSE: 601318) announced that its subsidiary,Ping An Bank, has provided aRMB2.3 billion (equivalent to USD 322 million) loan t...

2025-01-22 18:11 4784

Sompo Insurance (Thailand) partners with Collinson International to provide access to airport lounges and travel experiences in the case of flight disruptions

The partnership provides Sompo Insurance policyholders in Thailand instant access to over 1,600 airport lounges and travel experiences in the event of flight delays. SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Collinson International , a global leader in the provisio...

2025-01-21 12:10 2777

AXA and Prosper Health introduce pioneering dedicated cancer case management service in Greater Bay Area[1]

Partners with Prosper Health introducing "Greater Bay Area Cancer Medical Concierge Service Network" HONG KONG, Jan. 21, 2025 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA")  announces a partnership with Prosper Health, a member-centric health insurance service provider under New Frontier Group - ...

2025-01-21 10:23 3883

Budget Direct Insurance Launches Commercial Vehicle Insurance in Singapore

SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Budget Direct Insurance , a leading direct-to-consumer digital insurer, has announced the launch of itsCommercial Vehicle Insurance product, designed to meet ...

2025-01-21 09:00 3161

Metis and the Chartered Insurance Institute (CII) work together to advance industry expertise

HONG KONG, Jan. 20, 2025 /PRNewswire/ -- 2024 has come to a perfect close, Metis reflects on the achievements of its third year of collaboration with the Chartered Insurance Institute (CII), showcasing the deep synergy developed between both parties. The 2024 LEAD (Learning, Enhance and Developm...

2025-01-20 15:34 4231

Lazada and Peak3 Launch a New Digital Insurance Joint Venture in Southeast Asia

SINGAPORE, Jan. 20, 2025 /PRNewswire/ -- Lazada, Southeast Asia's leading eCommerce platform, and Peak3, a global leader in insurance technology, have announced the launch of a joint venture (JV) to build the leading digital and embedded insurance ecosystem inSoutheast Asia.

2025-01-20 10:30 4003

Artmarket.com: Wildfires in Greater Los Angeles, Artprice deplores an inestimable loss for the world's artistic heritage

PARIS, Jan. 16, 2025 /PRNewswire/ -- As the world begins to take stock of the unprecedented volume of art destroyed in the fires that are ravaging Los Angeles, Artprice by Artmarket.com and its CEO/founder thierry Ehrmann wish to express their sympathy and solidarity with all those affected by th...

2025-01-16 22:21 3790

Metis and the Chartered Insurance Institute Announce a New Partnership for 2025

HONG KONG, Jan. 16, 2025 /PRNewswire/ -- Dr. German Cheung, Founder and Chairman of Metis Global Group (Metis), was recently invited to an exclusive luncheon hosted by the Chartered Insurance Institute (CII) inSingapore. During the event, Dr. Cheung and the CII representative renewed their cooper...

2025-01-16 11:28 3765

AXA launches new "WealthAhead Savings Plan"

Limited offer plan with ultra-short premium payment term of 2 years Pay 2 years of premiums in single lump sum Prepaid premiums enjoy 6.8%p.a. guaranteed preferential interest rate for the 1st year Projected total cash value reaches up to 315% of total premiums paid in the 20th year  HONG KONG, J...

2025-01-15 14:39 3150

IMG Marks a Milestone: Celebrating 35 Years of Global Peace of Mind

INDIANAPOLIS, Jan. 14, 2025 /PRNewswire/ -- IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, is excited to celebrate its 35th anniversary of providing travel and health safety solutions to travelers. "For three and a half decades, IMG...

2025-01-14 22:00 1729

CTF Life Becomes Title Sponsor of "Fencing Plus" Training Programme by Kai Tak Sports Initiative Nurturing a New Generation of Sports Elites for Hong Kong Gearing Up for World Championships

HONG KONG, Jan. 13, 2025 /PRNewswire/ -- Chow Tai Fook Life Insurance Company Limited (CTF Life) is pleased to become the Title Sponsor of "Fencing Plus" Training Programme by Kai Tak Sports Initiative, cultivating a new generation of elite fencing athletes for Hong Kong as future world champions...

2025-01-13 16:57 4911

AXA, AXA Tianping, and PICC Strengthen Cooperation, MOU signed on "Green Action Global" project

Collaborating to Drive Expansion in Hong Kong Auto Insurance Market HONG KONG, Jan. 10, 2025 /PRNewswire/ -- On January 9, AXA Hong Kong and Macau ("AXA"), AXA Tianping P&C Insurance Co., Ltd. ("AXA Tianping"), andChina People's Property and Casualty Insurance Co., Ltd. ("PICC Property and Casual...

2025-01-10 12:07 3124

FlexiAchiever Savings Plan Flexible financial solution integrating wealth accumulation, liquidity and legacy planning to save up for a world of possibilities

Enjoy a premium refund of up to 13% upon successful application HONG KONG, Jan. 9, 2025 /PRNewswire/ -- AIA Hong Kong & Macau announces the launch of the FlexiAchiever Savings Plan that integrates long-term wealth accumulation, liquidity, and legacy planning. The Plan is designed to empower cust...

2025-01-09 14:10 4137

Aon appoints John Neal as Global Chairman of Climate Solutions and Global CEO of Reinsurance

* New global climate role will help tackle increasing weather and catastrophe risks through advanced analytics, innovative solutions and new sources of capital * Proven entrepreneurial leader with international experience across Reinsurance and Commercial Risk strengthens the firm's industry-...

2025-01-08 22:15 3227

PolicyStreet Unveils Free Road Tax Initiative for Selected Proton and Perodua Cars to Combat Rising Insurance Premiums

Malaysians driving Perodua Axia, Bezza, Proton Saga, and Iriz can enjoy FREE road tax, while owners of other car models can get up to 70% off when renewing car insurance with PolicyStreet. KUALA LUMPUR, Malaysia, Jan. 6, 2025 /PRNewswire/ -- As Malaysians navigate the bumpy road of rising insura...

2025-01-06 14:00 8933

CPIC Life: Fully Integrated into the Greater Bay Area with Comprehensive One-Stop Service for Customers

SHANGHAI, Dec. 23, 2024 /PRNewswire/ -- In December 2024, China Pacific Insurance Company (CPIC) celebrates the 15th anniversary of its H-share listing. Since the release of the "Development Programme of the Guangdong-Hong Kong-Macao Greater Bay Area," the three places have worked closely togethe...

2024-12-23 08:00 2864

CPIC P/C: Contributing to High-Quality Development of the Greater Bay Area through Insurance Innovation

SHANGHAI, Dec. 22, 2024 /PRNewswire/ -- In December 2024, China Pacific Insurance Company (CPIC) celebrates the 15th anniversary of its H-share listing. Under the guidance of China's "14th Five-Year Plan" and its 2035 Long-Range Objectives, which set a clear direction for the insurance industry, ...

2024-12-22 08:00 4045

CPIC: Deepening Presence in the Greater Bay Area to Promote its Connectivity and Integration

SHANGHAI, Dec. 21, 2024 /PRNewswire/ -- In December 2024, China Pacific Insurance Company(CPIC) celebrates the 15th anniversary of its H-share listing. To implement China's national strategy of regional integrated development, CPIC positioned the Greater Bay Area (GBA) as the "high ground of inno...

2024-12-21 08:00 4788

CPIC Life (HK): Based in Hong Kong and Serving the Greater Bay Area via Upgrades of Products/ Services

SHANGHAI, Dec. 21, 2024 /PRNewswire/ -- In December 2024, China Pacific Insurance Company(CPIC) celebrates the 15th anniversary of its H-share listing. In mid-November 2021, China Pacific Life Insurance (Hong Kong) Company Limited ("CPIC Life (HK)") received the approval from the Hong Kong Insura...

2024-12-21 08:00 12944
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