Insurance
FWD Group announces update to bond consent solicitation and publication of first quarter new business highlights
HONG KONG, June 6, 2023 /PRNewswire/ -- FWD Limited and FWD Group Limited – consolidated subsidiaries of FWD Group Holdings Limited ("FWD Group" or "the company") – have announced updates and additional information, including 2023 first quarter new business highlights for FWD Group, in filings ma...
Europ Assistance announces the acquisition of several AXA Partners assistance businesses in Asia-Pacific, continuing its expansion in a strategic region
HONG KONG, June 6, 2023 /PRNewswire/ -- Europ Assistance announced today the acquisition from AXA Partners[1] of its assistance businesses in Hong Kong, Malaysia, Thailand, Japan, and Taiwan. With these acquisitions, Europ Assistance confirms the importance of this region to its sustainable growt...
Chubb Establishes Aviation Hub in Singapore
Expansion brings Chubb products and services closer to Asian customers
SINGAPORE, June 5, 2023 /PRNewswire/ -- Chubb today announced that it has set
up an aviation hub inSingapore to develop further its general aviation and
aerospace business.
raicoon's unique solar performance guarantee accelerating the energy transition, backed by Munich Re Group
raicoon's autonomous operations center (AOC), a revolutionary AI-powered SaaS platform, fully automates solar PV operations, detects all measurable faults and eliminates false alarms. The industry-first guarantee promise is backed by Munich Re. VIENNA, June 5, 2023 /PRNewswire/ -- Climate-tech p...
OneDegree Global and Microsoft Join Forces to Drive Insurtech and Cybersecurity Innovations with Azure OpenAI
SINGAPORE, June 2, 2023 /PRNewswire/ -- OneDegree Global (OneDegree), a leading technology startup in the insurtech and cybersecurity sectors, is thrilled to announce a strategic partnership with Microsoft Hong Kong. This collaboration marks a major milestone as OneDegree integrates Azure OpenAI ...
China Life Singapore's Agency Annual Award Ceremony
SINGAPORE, June 1, 2023 /PRNewswire/ -- On the evening of 19 May 2023, China Life Insurance (Singapore) Pte Ltd. ("China Life Singapore") held the Annual Agency Award Ceremony. Mr. Lin Xiangyang, Chief Executive of China Life Singapore, attended the event to celebrate with our Agency Leaders and ...
FWD Group appoints Sid Sankaran as Group CFO
HONG KONG, May 31, 2023 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "the company") today announced the appointment ofSid Sankaran as Managing Director and Group Chief Financial Officer (CFO), effective1 September 2023, subject to regulatory approval. Mr Sankaran will join the compa...
ZhongAn Insurance Releases China First Insurance AIGC Application White Paper
BEIJING, May 25, 2023 /PRNewswire/ -- China's ZhongAn Insurance and ZhongAn Technology have made a groundbreaking move in the insurance industry, releasing the first-ever white paper on generative artificial intelligence technology. The "AIGC/ChatGPT Insurance Industry Application White Paper" pr...
Ping An Asset Management: China's Aging Society Sparks Pension Interest, Becomes the Next Opportunity for Asset Management Industry
HONG KONG and SHANGHAI, May 24, 2023 /PRNewswire/ -- China is with great potential and very open for high standard players, saysJacqueline Zhang, Deputy General Manager of Ping An Asset Management Co., Ltd. ("Ping An AMC"), during a panel at the Future of Asset Management Asia event, hosted by th...
CPIC: Focusing on the Health Industry and Building a New Ecosystem of "Insurance + Health"
HONG KONG, May 23, 2023 /PRNewswire/ -- As a leading insurance company with a full license and an important participant in the national multi-level social security system, China Pacific Insurance Group (CPIC or the Group) formulated a five-year plan for the development of the health industry as e...
Bowtie upgrades its VHIS for three consecutive years
HONG KONG, May 23, 2023 /PRNewswire/ -- Bowtie aims to provide customers with
worry-free automatic upgrade protection from the day they started enrolling in
BowtieVoluntary Health Insurance Scheme (VHIS).
AXA extends strategic partnership with Klook to launch "Klook Rental Car Protection"
Market-leading rental car excess coverage of up to HKD42,000 HONG KONG, May 22, 2023 /PRNewswire/ -- AXA Hong Kong & Macau (AXA) today announced the extension of its strategic partnership with Klook, one of the leading travel and leisure e-commerce platforms, to launch the new"Klook Rental Car P...
FWD Group and JA Asia Pacific expand financial literacy programme to seven markets in Asia
* The JA SparktheDream programme expansion will educate and empower around 25,000 primary and secondary school students acrossAsia * Programme integrates financial, social and life skills education to help boost financial literacy in the region HONG KONG, May 22, 2023 /PRNewswire/ -- FWD Grou...
AIA Hong Kong to launch market-first critical illness product "AIA Assemble"
New offering enables customers to select different types of critical illness coveraccording to personal needs and budget Enjoy up to a four-month premium refund and free HPV vaccination offer during the promotional period Singer/ songwriter Terence Lam stars in a new ad to share his perso...
CPIC Continuously Improving the Construction of the "Insurance + Service" Ecosystem to Safeguard a Better Life for Residents
HONG KONG, May 18, 2023 /PRNewswire/ -- Medical insurance is an inevitable result of social progress and economic development. It not only provides the most important protection for hospitalization and outpatient reimbursement for serious illnesses, but also serves as the last line of defense for...
International insurtech bolttech valued at US$1.6 billion in Series B up-round
New investor including MetLife and Khazanah Nasional alongside existing and new shareholders, join Series B funding round led by Tokio Marine SINGAPORE, May 18, 2023 /PRNewswire/ -- bolttech today announced it raised US$196 million in connection with its Series B with an up-round valuation of US...
Helia Automates Processes, Transforms Internal Operations with Appian
Automated claims management reduces processing time from two days to less than 10 minutes SYDNEY, May 16, 2023 /PRNewswire/ -- Appian (NASDAQ: APPN) has announced Helia (formerly Genworth) as an Asian-Pacific Innovation Award winner at the 2023 Appian Innovation Awards. The award recognises an i...
FWD Group announces Group CFO transition
HONG KONG, May 12, 2023 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "the company") today announced that its Group Chief Financial Officer (CFO), Jon Nielsen, will be leaving the company to pursue a career opportunity in North America. Mr Nielsen has committed to remain with FWD Grou...
Ping An Publishes 2022 Annual Insurance Claims Report
Paid for More Than 200 Million Cases, More Than RMB280 Billion, Driving High-quality Development in the Insurance Industry HONG KONG and SHANGHAI, May 11, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An of China," "Ping An," the "Company" or the "Group," ...
Lockton announces acquisition of THB Brazil
Combined firm to seek aggressive growth in Brazil through independence and customer-centric approach SAO PAULO, May 5, 2023 /PRNewswire/ -- Lockton, the world's largest privately held insurance broker and consultancy, announced today its acquisition of THB Brazil from Amwins, the largest indepen...
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