Insurance
AXA offers free additional 'Cleaning and Sanitising Benefit' to home contents insurance and SME customers
HONG KONG, March 28, 2022 /PRNewswire/ -- In light of the ongoing outbreak of COVID-19,AXA Hong Kong (AXA) takes another step to safeguard our customers. From today until30 April 2022, AXA's designated home contents insurance and small and medium enterprise (SME) customers are entitled to afree a...
Carrot-led Claims Management Joint Venture Set To Disrupt The Industry Once Again
SEOUL, South Korea, March 23, 2022 /PRNewswire/ -- Insurance technology platform Carrot General Insurance Corp. (Carrot) and two established insurance companies, Hanwha General Insurance (Hanwha) and Lotte Non-life Insurance Co. (Lotte), are uniting to revolutionizeSouth Korea's insurance claims ...
Boost, a regional FinTech firm, becomes first fully digital financier to secure investment grade A1 rating in Southeast Asia
* Boost looking to tap on burgeoning digital banking ecosystem within the Southeast Asian region * A1 rating for its Malaysian securitised receivables cements firm's commitment towards the underserved segment securitizes financing portfolio; rating reflects the quality of portfolio underpinne...
Ping An Reports Steady YoY Growth of 6.1% in Operating Profit Attributable to Shareholders of the Parent Company in 2021
Attaching great importance to shareholder returns, annual cash dividend per share grew by 8.2% year on year HONG KONG and SHANGHAI, March 17, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An of China," "Ping An," the "Company" or the "Group," HKEX: 2318; ...
Industry Service Innovation Case Selection Results Released - 11 Cases of "CPIC Service" Like to Mention Four Awards
HONG KONG, March 17, 2022 /PRNewswire/ -- Recently, the "2021 banking and insurance service innovation case" was released.China Pacific Insurance (Group) Co., Ltd. ("CPIC" or the "Company"; Stock Code: 2601.HK, 601601.SH, CPIC.LSE) stood out with excellent service quality and innovative service a...
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...
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