Insurance

bolttech welcomes new strategic investor, BRV

SINGAPORE and SEOUL, South Korea, Dec. 7, 2021 /PRNewswire/ -- bolttech , the fast-growing international insurtech, today announced it has welcomed another strategic investor, BRV Capital Management (BRV), anAsia-based investment platform. The addition follows bolttech's ...

2021-12-07 15:57 2440

Fidelity Life selects Legerity's IFRS17 SaaS solution

LONDON, Dec. 6, 2021 /PRNewswire/ -- Fidelity Life, New Zealand's largest locally owned life insurer, has selected Legerity's FastPost Express for IFRS17 solution to help it transition to the new International Financial Reporting Standard (IFRS17). Fidelity Life has embarked on a bold transforma...

2021-12-06 19:43 1459

Ping An Co-CEO Sees Greater Bay Area Opportunity for Hong Kong with Three Challenges ahead

HONG KONG and SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Hong Kong, as an international financial center, is positioned to play an important role in the building of the Greater Bay Area (GBA), saysJessica Tan, Co-CEO of Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Grou...

2021-12-06 15:12 3344

Ping An Receives the Two Directors of The Year Awards 2021 from the Hong Kong Institute of Directors

HONG KONG and SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) was recognized by the Hong Kong Institute of Directors with two Directors of The Year Awards this year. Dr. Ma Mingzhe, Chairman of the ...

2021-12-06 15:08 3082

Captive insurance to be a primary focus in Labuan IBFC's 5-year strategic roadmap

KUALA LUMPUR, Malaysia, Dec. 3, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) continues to expand with increasing demand for its varying captive structures from across the globe, charting a 28% increase in its premiums for captive business and 18 new captiv...

2021-12-03 09:00 2273

Qumata enters into agreement with major pan-Asian insurer AIA Group to accelerate innovative digital underwriting

HONG KONG, Dec. 2, 2021 /PRNewswire/ -- Qumata (formerly known as HealthyHealth), a global company transforming the insurance industry ecosystem with a machine learning and artificial intelligence (ML/AI) underwriting solution, entered into an agreement to provide its services acrossAsia to AIA ...

2021-12-02 16:30 3026

Arthur J. Gallagher & Co. Completes Acquisition of Willis Towers Watson plc Treaty Reinsurance Brokerage Operations

ROLLING MEADOWS, Ill., Dec. 1, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has completed the acquisition of substantially all of the treaty reinsurance brokerage operations fromWillis Towers Watson plc. Together with Gallagher's existing reinsurance operations, the co...

2021-12-01 17:00 2849

Manulife announces new 'MOVE for GOOD' Challenge to promote health and help elderly people living alone stay warm this winter

HONG KONG, Nov. 29, 2021 /PRNewswire/ -- Winter Solstice is an important festival inHong Kong that brings family and loved ones together. In the spirit of togetherness and sharing love with the community, Manulife has announced its third "MOVE for GOOD" Challenge to bring warmth to needy elderly ...

2021-11-29 16:25 2154

Lioner launch ceremony attended by finance industry partners; new managing director appointed focusing on business growth

* Over a hundred executives from the financial industry joined Lioner's launch ceremony, endorsing the company's unique all-in-one solutions across insurance, trust and family office * Katrina Chuk appointed Managing Director to strengthen Lioner's capability in serving clients inGreater Chin...

2021-11-26 11:55 2606

Klook and ZA Tech Enter Partnership in Multiple Markets, Cements Commitment to Innovate Insurance in Travel

* A first of its kind partnership in the travel industry, Klook and ZA Tech will embed a full range of travel-related insurance products across multiple markets. * The joint venture will see both companies integrating their operational and tech expertise, as well as marketing capabilities. ...

2021-11-23 11:00 6857

China Pacific Life Insurance (H.K.) Company Limited Granted Authorization for Long Term Insurance Business in Hong Kong

HONG KONG, Nov. 18, 2021 /PRNewswire/ -- China Pacific Life Insurance (H.K.) Company Limited ("CPIC Life (HK)", the "Company")announced that it has been authorized by the Hong Kong Insurance Authority to operate long term insurance business note1 in Hong Kong. John Cai, General Manager (CEO) of...

2021-11-18 21:19 3766

Tokio Marine Partners WIZ.AI to Automate Customer Service Via Conversational AI Talkbot

JAKARTA, Indonesia, Nov. 18, 2021 /PRNewswire/ -- In its recent regional digitalisation transformation initiative, PT Asuransi Tokio Marine Indonesia ("TMI") partnered with WIZ.AI, the ASEAN Voice AI leader, to launch its conversational voice AI Talkbot. As one of the largest general in...

2021-11-18 12:00 1739

Morgan Housel joins Markel's Board of Directors

RICHMOND, Va., Nov. 17, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today  the appointment ofMorgan Housel to its board of directors, effectiveNovember 16, 2021. Housel serves as a partner of The Collaborative Fund, a multi-stage private investment fund. He is also a frequent ...

2021-11-17 09:43 1812

Cambodian Association of Finance and Technology: Successful Conclusion of CamTech Summit Powered by Prudential

PHNOM PENH, Cambodia, Nov. 16, 2021 /PRNewswire/ -- CamTech Summit Powered by Prudential was a five-day hybrid Fintech and Tech event inCambodia held between November 8-12, 2021 to inclusively showcase Cambodia's emerging and accelerating Fintech and Tech sectors.

2021-11-16 17:33 1744

Markel Corporation Announces Wind Down of Lodgepine

RICHMOND, Va., Nov. 16, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) today announced that it is winding down Lodgepine Capital Management Limited (Lodgepine), its retrocessional Insurance Linked Securities (ILS) fund manager based inBermuda. Markel launched Lodgepine in 2019, with produc...

2021-11-16 10:03 1681

Christian Mumenthaler, CEO of Swiss Re, appointed Chairman of The Geneva Association

* AIA Chief Executive & President Lee Yuan Siong becomes Vice Chairman * Aviva CEO Amanda Blanc joins Board https://www.genevaassociation.org/news/board-updates-2021 ZURICH, Nov. 16, 2021 /PRNewswire/ -- The Geneva Association announ...

2021-11-16 00:08 1910

Labuan IBFC Clinches Global Accolade For Top International Captive Domicile 2021 At The European Awards

KUALA LUMPUR, Malaysia, Nov. 10, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) has been honoured as the winner for International Captive Domicile of 2021 at the European Captive Review Awards held inLuxembourg by leading global trade publication, Captive Re...

2021-11-10 16:13 1674

SMX Empowers Forest, Lumber and Wood Companies with Unique Sustainable and Circular Biomarker Solution

MELBOURNE, Australia, Nov. 10, 2021 /PRNewswire/ -- Security Matters' https://smx.tech/home (ASX: SMX) ("SMX" and "the Company") a next-generation brand protection and authentication service provider announces it is launching a forest, lumber and wood biomarking operation...

2021-11-10 04:00 1890

Sun Life appoints Luc Nhon Ly as next CEO of Sun Life Vietnam

HONG KONG, Nov. 9, 2021 /PRNewswire/ -- Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced thatLuc Nhon Ly has joined as the Chief Executive Officer of Sun Life Vietnam. The appointment follows the return of former Vietnam CEOLarry Madge to Sun Life's corporate office in Toronto. <...

2021-11-09 14:16 2944

CloudMargin and Margin Tonic Introduce New AANA Service

Initiative Combines CloudMargin Technology with Margin Tonic Regulatory Consultancy Services to Help Firms Address UMR Compliance LONDON, Nov. 8, 2021 /PRNewswire/ -- CloudMargin, creator of the world's first and only collateral and margin management solution native to the cloud, and Margin Toni...

2021-11-08 20:00 1337
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