Insurance
Utilizing Term Life to Hedge an Average of HK$1.9 Million Protection Gap Amongst Hongkongers
HONG KONG, April 25, 2023 /PRNewswire/ -- It is often wise to plan for the worst and prepare for the best in all matters. When people plan for their future, they often consider the possibility of an untimely death as the family breadwinner. They worry that if this unfortunate event happens, their...
AGBA Group Holding Limited (NASDAQ: 'AGBA') Announces Share Repurchase Program
HONG KONG, April 18, 2023 /PRNewswire/ -- NASDAQ-listed, AGBA Group Holding Limited ("AGBA"), the leading one- stop financial supermarket inHong Kong, today announced that its Board of Directors approved a share repurchase program with authorization to purchase up to 1,000,000 ordinary shares of ...
Hong Kong SMEs' cyber awareness declines despite rise in cyberattacks, QBE survey shows
HONG KONG, April 18, 2023 /PRNewswire/ -- Small to medium-sized enterprises (SMEs) inHong Kong are continuing to invest in digital technologies but have become less aware of cyber threats. According to research conducted at end of 2022 and released by QBE today, Hong Kong SMEs' cyber risk awarene...
Ping An Board Secretary Richard Sheng: ESG with Chinese Characteristics "Enormous Opportunity" for Investors
HONG KONG and SHANGHAI, April 17, 2023 /PRNewswire/ -- Richard Sheng, Board Secretary of Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) attended and spoke on FTSE Russell webinar, titled "ESG investing inChina: a new paradigm". Access to educa...
Appian Joins Guidewire PartnerConnect Solution Ecosystem to Enhance the Digital Experience for Australian Insurers
SYDNEY, April 17, 2023 /PRNewswire/ -- Appian (Nasdaq: APPN) has announced it
joined Guidewire PartnerConnect as a new solution partner alongside Accenture.
The new partnership means the Appian Platform is now directly integrated with
Guidewire Cloud APIs and the Jutro Digital Platform.
CPIC Life (HK) Launches "Everlasting Joy Savings Insurance Plan"
HONG KONG, April 10, 2023 /PRNewswire/ -- China Pacific Life Insurance (H.K.) Company Limited ("CPIC Life (HK)" or "the Company") announced the launch of "Everlasting Joy Savings Insurance Plan" ("Everlasting Joy"). It is a whole life insurance plan which integrates asset accumulation, whole-life...
IMG Launches New Plan for Expats & Globally Mobile Citizens, Global Prima Medical Insurance
INDIANAPOLIS, April 6, 2023 /PRNewswire/ -- International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, is excited to introduce a new international private medical insurance (IPMI) offering through their ALC Health brand. Global Prima Medical I...
NASDAQ-listed wealth and health firm, AGBA Group Holding Limited to acquire Sony Life Financial Advisers Pte Ltd in Singapore
* AGBA Group signs agreement today to acquire Sony Life Financial Advisers Pte Ltd inSingapore * Acquisition is a key milestone for AGBA's business and expansion beyond the Greater Bay Area intoSoutheast Asia HONG KONG and SINGAPORE, April 5, 2023 /PRNewswire/ -- NASDAQ-listed AGBA Group Hold...
Perisai Paves the Way in Asia - Introducing Voice and Behavioral Risk Assessment for Insurance and Health Sectors.
SINGAPORE, April 3, 2023 /PRNewswire/ -- Voicesense and Bizbaz announce a new joint product called Perisai—Malay forShield. Specifically designed for insurance, reinsurance, health and wellness companies, Perisai builds on the partners' existing cooperation in finance, e-commerce, mental health a...
Assure (Singapore) Pte. Ltd. to Become a Direct Insurance Broker in Singapore from April 1, 2023
SINGAPORE, April 1, 2023 /PRNewswire/ -- Assure (Singapore) Pte. Ltd. is pleased to announce that it will be operating as a direct insurance broker in Singapore from April 1, 2023. With this move, Assure (Singapore) Pte. Ltd. will now be able to provide customers with a wider range of insurance p...
IMG Travel Outlook Survey Predicts Continued Surge of International Travel in 2023
* Survey results reveal travel trends for 2023 including frequency of travel, timing of travel, and anticipated spending habits of travelers INDIANAPOLIS, March 30, 2023 /PRNewswire/ -- International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services compa...
CPIC Announces 2022 Annual Results: Balanced Development of Business Segments and Continued Progress in High-quality Development
HONG KONG, March 29, 2023 /PRNewswire/ -- The 2022 annual results of listed insurance companies are being disclosed in succession. OnMarch 26, China Pacific Insurance (Group) Co., Ltd. (the "CPIC" or the "Group"; Stock code: 2601.HK, 601601.SH, CPIC.LSE) is pleased to announce the 2022 annual res...
People in Asia seek to extend health span for longer, healthier retirement, Manulife survey shows
* Survey of 7,000+ people in Asia shows expectation of early retirement, early deterioration in health * Concerns about cost of well-being nudging people towards DIY healthcare using mobile apps * Optimism about achieving financial goals and retirement savings targets in the next 5-10 years...
Ping An Releases 2022 Sustainability Report Reveals Roadmap to Achieve Carbon Neutrality Goal
HONG KONG and SHANGHAI, March 28, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318) has published its 2022 Sustainability Report. The Group's 14th annual sustainability report includes its 3rd report using the international Task...
CHINA PACIFIC INSURANCE (GROUP) CO., LTD. (Stock Code: 2601.HK): Group OPAT to the parent increased by 13.5% year-on-year
The Comprehensive Business Capabilities Continued to Strengthen CPIC Releases 2022 Annual Report HONG KONG, March 27, 2023 /PRNewswire/ -- On 27 March, China Pacific Insurance (Group) Co., Ltd.("CPIC" or the "Group"; Stock Code: 2601.HK, 601601.SH, CPIC.LSE) released its annual report of 2022. I...
Ping An P&C received a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a+" (Excellent) by AM Best
HONG KONG and SHANGHAI, March 23, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An Group," or the "Group," HKEX: 2318; SSE: 601318) announced that AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a+"...
CPIC: Priority on Service! Effectively Protect the Rights and Interests of the Elderly and New Citizens Insurance Consumer Groups
HONG KONG, March 21, 2023 /PRNewswire/ -- Based on the risk characteristics of the elderly group and their growing demand for health insurance, CPIC has accelerated the launch of "elderly-friendly" products and the upgrading of services so as to serve more senior citizens. As an insurance company...
AXA Study: 1 out of 5 people in Hong Kong feel they are flourishing
Employees working for companies which actively promote workplace wellbeing are 3.5 times more likely to flourish HONG KONG, March 16, 2023 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") today announced the findings of the annual AXA Study of Mind Health and Wellbeing 2023 (the Study) which...
Ping An reports RMB148,365 million of operating profit attributable to shareholders of the parent company in 2022, annual cash dividend per share grows by 1.7% year on year
Maintained stable business growth and promoted high-quality development HONG KONG and SHANGHAI, March 15, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An of China," "Ping An," or the "Group," HKEX: 2318; SSE: 601318) today announced its financial results f...
Manulife appoints Carrie Tong as Chief Operations Officer for Hong Kong and Macau
HONG KONG, March 13, 2023 /PRNewswire/ -- Manulife Hong Kong today announced the appointment ofCarrie Tong as its Chief Operations Officer, Hong Kong and Macau. She is a member of the Hong Kong senior management team and reports jointly toPatrick Graham, Chief Executive Officer of Manulife Hong K...
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