Insurance
Markel Corporation and Markel CATCo Announce Court Approval of Buy-Out Transaction
RICHMOND, Va., March 17, 2022 /PRNewswire/ -- Markel Corporation (NYSE: MKL) and Markel CATCo Investment Management Ltd. ("MCIM") today announced court approval of the buy-out transaction and schemes of arrangement (the "Buy-Out Transaction") being undertaken by Markel CATCo Reinsurance Fund Ltd....
ALLIANCE GROUP ACQUIRES AA INSURANCE BROKERS THAILAND
BANGKOK, March 16, 2022 /PRNewswire/ -- Alliance Group International, an international insurance and financial services investment holding company, today announced the completed acquisition of AA Insurance Brokers inThailand. The purchase, which includes AA's network of nationwide offices and un...
Manulife survey: Taxpayers missing out on full benefits of tax-deductible solutions and tax savings
HONG KONG, March 15, 2022 /PRNewswire/ -- A recent Manulife survey has revealed that even though tax-deductible products were launched three years ago, Hong Kong taxpayers still do not fully understand the characteristics and benefits of the products. In the survey conducted by Manulife in ...
Ping An Launches Home-Based Elderlycare Service to Pursue "Finance + Elderlycare" Business Strategy
HONG KONG and SHANGHAI, March 11, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced that subsidiaryPing An Life has launched an elderly home care service. Building on the strength ofPing An's healthcare ecosy...
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...
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