Insurance
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...
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...
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...
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 ...
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...
Bowtie and Gleneagles Hospital Hong Kong Collaborate to Upgrade VHIS Rider to Include Histotripsy Treatment In "Bowtie & Gleneagles Hospital Wellness Package"
Swift inclusion of innovative liver tumor treatment technology, lowers barriers for Hongkongers to access advanced medical services HONG KONG, March 14, 2025 /PRNewswire/ -- Bowtie, Hong Kong's first virtual insurer[1], collaborates with Gleneagles Hospital Hong Kong (Gleneagles), Asia's first p...
Beyond Claims: How Kuky Helps Health Insurers Enhance Community Well-Being
SYDNEY, March 14, 2025 /PRNewswire/ -- In 2022-23, Australia spent more than $8 billion on state and territory specialised mental health services. Already staggering, the amount does not include Australian Capital Territory jurisdictional or non-Commonwealth numbers, which were not available when...
Ping An #1 in Brand Finance's Global Insurance Brand Value for 9th Year, Brand Value Reaches $33.6 Billion
HONG KONG and SHANGHAI, March 13, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx: 2318 / 82318; SSE: 601318) took top spot in the Brand Finance Insurance 100 2025 ranking, for the ninth year in a row, boasting a brand value ofUS$33.6 billion. ...
The Society of Actuaries Announces Opening of Singapore Office
SINGAPORE and CHICAGO, March 13, 2025 /PRNewswire/ -- The Society of Actuaries (SOA), the world's largest actuarial professional organization, announces the opening of a new regional office inSingapore. Actuaries are professional experts in measuring and analyzing risk, and work in a variety of f...
FWD Group posts first IFRS 17 net profit in 2024 full year results
Strong 31 percent growth in new business CSM; delivers positive operating cashflow HONG KONG, March 12, 2025 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "FWD") today announced its full year results for the twelve months ended31 December 2024. * Net profit after tax of US$24 mi...
Pioneer Insurance Selects Sapiens to Drive Digital Innovation in the Philippines
Sapiens Insurance Platform for P&C supports Pioneer's broad digital strategy
and ability to scale quickly and cost-effectively
UXBRIDGE, England, March 10, 2025 /PRNewswire/ -- Sapiens International
Corporation
Collinson International partners with China Ping An Insurance (Hong Kong) to provide airport lounge access and alternative benefits during flight delays and cancellations
* The partnership provides Collinson International's SmartDelay™ solution as a complimentary benefit for China Ping An Insurance (Hong Kong)'s online travel insurance customers inHong Kong (SAR). * SmartDelay gives customers instant access to over 1,600 airport lounges and alternative benefit...
Ping An Tops Global Patentee Top 10 List, Leading in Fintech and Healthcare
* Ping An ranks first in global patents in healthcare and fintech, according totwo new reports from the Intellectual Property Publishing House. * In the fintech sector, Ping An has 8,582 patents, accounting for more than 2% of patents of the entire industry. * In the healthcare sector, Ping ...
GenAI Capabilities rolled out to 100% of Manulife's Workforce with 75% Engagement Rate
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 Manulife's digital capabilities, including AI-enabled enhancements, are expected to generate a threefold return on investment over five years through 2027 TORONTO, March 6, 2025 /PRNewswire/ -- Ma...
Smartpay Announces Japan's First "Embedded Insurance Service" in BNPL in Partnership with Chubb
~ Launching New Insurance Experience Integrating Payments and Insurance in Summer 2025 TOKYO, March 6, 2025 /PRNewswire/ -- Smartpay Corporation (Headquarters: Minato-ku,Tokyo; Sam Pemberton-Ahmed, CEO and Founder of Smartpay; hereinafter "the Company"), provider of the "Smartpay" Buy Now Pay La...
DXC and ServiceNow to Drive AI-powered Innovation for the Insurance Industry
ServiceNow and DXC expand their strategic partnership to combine DXC's industry-leading software and expertise with ServiceNow's AI-enabled platform ASHBURN, Va. and SANTA CLARA, Calif., March 4, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services p...
Ping An Enhances Recruitment Experience with "Ping An Talent" AI System
HONG KONG and SHANGHAI, March 4, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An", "the Company" or the "Group" HKEX: 2318 / 82318; SSE: 601318) recently launched its 2025 Spring Campus Recruitment offering over 2,000 positions, highlighted byPing An's sel...
AXA Climate School nurtures young talents in Hong Kong
Empowering future leaders with essential skills to combat climate change HONG KONG, March 3, 2025 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") launched the AXA Climate School in 2022, aiming to empower young talents inHong Kong, who are eager to expand their knowledge of sustainability, which ...
Liberty Mutual Insurance Agrees to Sell Thailand and Vietnam Operations to Chubb
Deal reflects Liberty Mutual's conviction to its focused Asia Pacific strategy BOSTON, March 3, 2025 /PRNewswire/ -- Liberty Mutual Insurance has agreed to sell its operations inThailand and Vietnam to Chubb Limited. Terms of the deal have not been disclosed.Thailand is expected to close by the s...
Allianz Asia Pacific Celebrates the Inaugural Graduation of 200 Agents and Agency Leaders from the Pinnacle Excellence Program in Partnership with INSEAD
Setting a New Standard in Future-Proofing the Next Generation of Financial Advisors SINGAPORE, Feb. 27, 2025 /PRNewswire/ -- Allianz Asia Pacific proudly announces the inaugural graduation of200 agents and agency leaders from its Pinnacle Excellence Program (PEP), a first-of-its-kind initiative ...
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