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Insurers & brokerage platforms Latest activity

Announcements and results from insurers such as AIA, Prudential, Manulife, FWD and HSBC, and brokerage platforms such as Futu, Tiger and Interactive Brokers.

313 related updatesLast 30 days 156 itemsFeatured 0 items

Updated

Updates Archive · Page 14 页

12 NovWedIssue 261–280 items
  1. Prudential: Press Releases26

    Prudential Confirms Malaysian Operations Affected by Global MOVEit Data Breach

    Prudential confirmed that its Malaysian operations, Prudential Assurance Malaysia Berhad (PAMB) and Prudential BSN Takaful Berhad (PruBSN), were affected by the global MOVEit data breach, which exploited a zero-day vulnerability. Upon discovering the intrusion, Prudential isolated the affected servers, launched a comprehensive investigation, and notified relevant authorities. Prudential's related operations remain fully functional with no impact on customer businesses.

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  2. Prudential: Press Releases27

    Prudential plc hosts IFRS 17 investor briefing

    Prudential plc hosted an IFRS 17 investor and analyst briefing. Its audited 2022 IFRS 17 results were in line with previous guidance. Group shareholders' equity increased to US$18.9 billion at the 1 January 2021 transition date, adjusted operating profit for 2022 was US$2.722 billion, and the contract service margin balance at the end of 2022 was US$20 billion. IFRS 17 took effect on 1 January of that year and will form the accounting basis for the group's 2023 half-year results.

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  3. Prudential: Press Releases22

    Prudential Appoints Bill Maldonado as Chief Executive Officer of Eastspring Investments

    Prudential announced the appointment of Bill Maldonado as Chief Executive Officer of its asset management business, Eastspring Investments, effective September 1, 2023. Based in Singapore, Bill Maldonado reports to Group Chief Executive Officer Andrew Fawcett and joins the Group Executive Committee. He has served as interim Chief Executive Officer of Eastspring Investments since April 2023, bringing 30 years of experience in the asset management industry. Eastspring Investments will appoint a new Chief Investment Officer in due course.

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  4. Prudential: Press Releases17

    Prudential Appoints Ashley Veasey as Chief Information Officer

    Prudential plc announced the appointment of Ashley Voss as Chief Information Officer, effective 18 September 2023. Based in Hong Kong, he will report to Solmaz Altin, Managing Director of the Strategic Business Group. Ashley Voss brings technology, digital and innovation leadership experience from financial institutions including Barclays, JPMorgan Chase, Standard Chartered Bank and Citibank. He has also advised multiple technology companies and fintech start-ups, and most recently served on the Google Cloud Advisory Board.

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  5. Prudential: Press Releases35

    Prudential and CITIC Provide Growth Capital to CITIC-Prudential Life

    Prudential and CITIC each invested RMB 1.25 billion at a 50/50 shareholding ratio to increase the capital of their joint venture, CITIC-Prudential Life Insurance Co., Ltd., by RMB 2.5 billion. After the capital increase, the registered capital of CITIC-Prudential Life Insurance will rise from RMB 2.36 billion to RMB 4.86 billion, with the shareholding structure remaining unchanged. The capital increase is still subject to relevant regulatory approvals.

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  6. Prudential: Press Releases21

    Prudential-commissioned study reveals complex patient journeys in Asia

    The Access to Healthcare in Asia study, commissioned by Prudential and conducted by the Economist Impact, shows that over 80% of respondents in Hong Kong, Indonesia, Malaysia, and Singapore delay seeking medical care. Conducted between April and May 2025 with 4,302 respondents, the study identifies lack of guidance, cost transparency, and information as three key pain points. Nearly 40% of respondents use digital tools such as AI to seek treatment guidance after diagnosis.

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  7. Prudential: Press Releases16

    Prudential Invests USD 2.5 Million to Advance Climate Resilience in Asia and Africa, Addressing the Impact of Climate Change on Health

    Prudential invested US$2.5 million through its community investment arm, the Prudential Foundation, to advance climate resilience in Asia and Africa, addressing the impact of climate change on health and enhancing women's climate adaptability. The Prudential Foundation established a US$2 million Climate and Health Resilience Fund to provide additional funding support for Prudential's businesses across Asia and Africa, helping them carry out climate-related health resilience projects.

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  8. Prudential: Press Releases38

    Prudential Launches USD 2 Billion Share Repurchase Program

    Prudential announced the launch of a US$2 billion share buyback program, with the related capital return to be completed by mid-2026. The buyback program is executed under the relevant authorization approved at the 2024 Annual General Meeting, and the repurchased shares are expected to be cancelled. Prudential's full-year dividend policy for 2024 remains unchanged, and the board expects the annual dividend growth for 2024 to be in the range of 7% to 9%.

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  9. Prudential: Press Releases17

    Prudential Appoints New Chief Data, Analytics, and AI Officer

    Prudential announced the appointment of Grace Park as the new Chief Data, Analytics, and AI Officer, effective June 7, 2024. She will be based in Singapore and report to Ashley Veasey, Prudential's Chief Information Officer. Grace Park has over 20 years of global experience in financial services, technology, and consulting. She previously served as Chief Analytics Officer for Manulife Asia and held senior positions at Standard Chartered Bank, LG Electronics, Boston Consulting Group, and A.T. Kearney.

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  10. Prudential: Press Releases33

    Prudential Announces Full-Year 2023 Results

    Prudential announced its full-year financial results for the year ended December 31, 2023. On a constant exchange rate basis, new business profit increased by 45% year-on-year to US$3.125 billion, and adjusted operating profit increased by 8% year-on-year to US$2.893 billion. The full-year dividend was 20.47 US cents per share, up 9% year-on-year. The company will release relevant announcements on the Hong Kong Stock Exchange and the London Stock Exchange on March 20, 2024, and host a Q&A session for analysts and investors.

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  11. Prudential: Press Releases18

    Prudential Appoints Chief Technology and Operations Officer

    Prudential announced the appointment of Annette Blondel to the newly created position of Chief Technology and Operations Officer. She will take office on May 1, based in Hong Kong, report to CEO Anil Wadhwani, and join the Group Executive Committee. This role is responsible for coordinating the technology and operations segments, covering the Group's related businesses in 24 markets, and driving operational model optimization and customer experience enhancement. Solmaz Altin, Managing Director of the Strategic Business Group who previously oversaw the technology segment, will shift to health business expansion, and current Chief Information Officer Ashley Aves will report to Annette Blondel.

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  12. Prudential: Press Releases23

    Prudential and Google Cloud Launch World-First Partnership to Use Generative AI to Streamline Health Insurance Claims Processing

    Prudential and Google Cloud have launched a world-first collaboration to apply Google's MedLM family of foundation models, fine-tuned for healthcare scenarios, in the medical insurance claims process. Starting with Singapore and Malaysia, the two parties will use MedLM to extract and encode information from claims-related medical documents to support claims review decisions. Initial proof-of-concept testing showed that this application can double the automation rate of claims review while improving the accuracy of claims decisions.

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  13. Prudential: Press Releases25

    Prudential Provides Update on Its Integration of Ownership in Prudential Assurance Malaysia Berhad

    The Federal Court of Malaysia has overturned previous decisions by the High Court and the Court of Appeal, meaning Prudential will not be able to acquire the remaining 49% stake in Sri Han Suria Sdn Bhd. Prudential will continue to hold its existing 51% stake in the company, and will adjust its accounting treatment to reflect the 49% non-controlling interest in its financial results for the first half of 2024. This ruling does not affect Prudential's operational control of Prudential Assurance Malaysia Berhad or its ability to serve customers.

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  14. Prudential: Press Releases20

    Prudential Appoints Pankaj Banerjee as Group Chief Agency Officer

    Prudential has announced the appointment of Pankaj Banerjee as Group Chief Agency Officer, effective 30 September 2024. He will report to Nicohle Wu-Liew, Managing Director of the Strategic Business Group, and will be based at Prudential's Group Headquarters in Hong Kong. In this role, he will lead the distribution strategy for Prudential's technology-enabled agency channel across its 24 markets in Asia and Africa. Pankaj Banerjee brings over 24 years of experience in insurance management, having previously held senior roles at AIA, Manulife and other insurance organisations.

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  15. Prudential: Press Releases37

    Prudential plc Announces 2024 First Half Results

    Prudential plc announced its financial results for the six months ended June 30, 2024, with new business profit of US$1.468 billion and adjusted operating profit of US$1.544 billion, up 1% (8% at constant exchange rates) and 6% (9% at constant exchange rates) year-on-year respectively. The company proposes an interim dividend of 6.84 US cents per share, up 9% year-on-year, and will initiate the first phase of its US$2 billion share buyback program. The company maintains its target of 15% to 20% compound annual growth in new business profit from 2022 to 2027 and remains confident in achieving its 2027 financial and strategic goals.

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  16. Prudential: Press Releases20

    Prudential Group increases stake in Nigerian business and extends bancassurance partnership with Zenith Bank

    Prudential plc has reached an agreement to acquire the remaining shares in its joint venture, Prudential Zenith Life Assurance Limited (PZL), which will result in Prudential holding 100% of PZL upon completion, while extending the bancassurance partnership with Zenith Bank in Nigeria and Ghana. The transaction consideration is payable in cash and includes performance-related terms, representing a capital deployment by Prudential focused on high-potential existing businesses in Africa. The Nigerian life insurance market is the fifth largest in Africa, with total gross premiums of US$770 million and insurance penetration of less than 0.2% of GDP, offering significant growth potential.

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  17. Prudential: Press Releases34

    Prudential plc Q3 Business Update

    Prudential plc has released its business update for the first nine months ended 30 September 2024, reporting year-to-date new business profit of USD 2.347 billion, up 11% at constant exchange rates, and APE sales of USD 4.638 billion, up 7%. The company expects full-year 2024 new business profit growth to be in the range of 9% to 13%, and has also entered into a long-term partnership with Bank Syariah Indonesia, Indonesia's largest Islamic bank, and completed the full acquisition of its life insurance business in Nigeria.

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  18. Prudential: Press Releases20

    Prudential plc Announces Board Changes

    Prudential Group announced several board personnel changes. Mark Saunders will join as a non-executive director on April 1, 2024, and also join the Audit Committee and Risk Committee. Jeanette Wong will take over as Chair of the Audit Committee on March 20, 2024, and David Law will retire after the conclusion of the Annual General Meeting on May 23, 2024. Prudential Group Chair Shriti Vadera will join the Remuneration Committee after the conclusion of the Annual General Meeting.

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  19. Prudential: Press Releases22

    Prudential and Google Cloud Expand Strategic Partnership to Build AI Lab and Shape the Future of Insurance

    Prudential and Google Cloud have announced an expanded strategic partnership to establish an AI lab in Singapore, which will provide a sandbox environment and end-to-end cloud support for AI development for Prudential's 15,000 employees. The lab will launch later this year, with an initial focus on enhancing healthcare experiences and operational efficiency. This is the first partnership of its kind in the insurance industry across Asia and Africa. The two companies have collaborated on digital transformation since 2019, and this expanded partnership will accelerate Prudential's adoption of machine learning, generative AI and other advanced technologies.

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  20. Prudential: Press Releases37

    Prudential plc reports H1 2025 results

    Prudential plc reported its financial results for the first half ended June 30, 2025. New business profit increased by 12% at constant exchange rates to $1.26 billion, and operating free surplus increased by 14% to $1.56 billion. The company also updated its shareholder return guidance, with ordinary dividends per share expected to grow by over 10% annually from 2025 to 2027, and additional share buybacks of $500 million and $600 million planned for 2026 and 2027, respectively.

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