Insurance

Manulife Appoints Stephanie Fadous Chief Actuary

TSX/NYSE/PSE: MFC SEHK: 945 Hung Ko Appointed Global Head of Treasury and Investor Relations in Expanded Role TORONTO and HONG KONG, April 10, 2025 /PRNewswire/ -- Manulife announced the appointment of Stephanie Fadous as Chief Actuary, effectiveMay 9, 2025. Ms. Fadous succeedsSteve Finch, who ...

2025-04-10 20:10 2289

With 36% growth, APRIL reaffirms its ambition to become Europe's leading world-class insurance broker in the mass market

LYON, France, April 9, 2025 /PRNewswire/ -- One year after launching its strategic plan, Spring 27, APRIL has met the growth targets it set itself.  * Turnover of €860 million, an increase of 36% (7% of it organic). * 21% of turnover is recorded outside of France. * €1.9 billion in negotiat...

2025-04-09 15:56 3233

AXA, Ant Bank (Hong Kong) and AlipayHK Forge Strategic Partnership

Jointly expanding convenient and diverse online financial management options HONG KONG, April 9, 2025 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") announces a strategic partnership withAnt Bank (Hong Kong) ("Ant Bank") and AlipayHKto provide a suite of insurance products and services to millio...

2025-04-09 12:08 4289

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 3933

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 4758

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 3150

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 3233

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 5748

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 3037

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 2699

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 1910

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 3604

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 2924

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 3941

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 3841

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 3988

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 1876

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 2176

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 2228

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 1864
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