Skip to main content
Wealth Updates

Free subscription

Hong Kong Wealth Management Monthly

Leave your email and we will send you occasional editions.

Privacy Policy

Source categories

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.

389 related updatesLast 30 days 186 itemsFeatured 0 items

Updated

Updates Archive · Page 19 页

12 NovWedIssue 361–380 items
  1. Prudential: Press Releases20

    Prudential Announces New Chief Partnerships Officer

    Prudential announced the appointment of Patrick Van Houtte as Chief Partnerships Officer, effective November 4, based in Hong Kong and reporting to Dennis Tan, Managing Director of the Strategic Business Group. He will lead Prudential's bancassurance business across 24 markets in Asia and Africa, having previously served as Head of Partnerships for HSBC Life in Asia Pacific. He succeeds Anthony Shaw, who departs after nearly 20 years of service.

    Read original
  2. Prudential: Press Releases16

    Prudential and Standard Chartered celebrate 25 years of bancassurance partnership

    Prudential and Standard Chartered Bank jointly celebrated the 25th anniversary of their strategic bancassurance partnership, established in 1998 and launched in 1999, covering 11 markets across Asia and Africa as the largest and longest-running cross-regional bancassurance collaboration. Over the past 15 years, the partnership has delivered average double-digit sales growth, and the two parties will host a series of events from 2024 to 2025 to mark this milestone.

    Read original
  3. Prudential: Press Releases25

    Prudential Launches First Phase of USD 700 Million Buyback Under Its USD 2 Billion Share Repurchase Program

    Prudential launched the first tranche of its US$2 billion share buyback program, a US$700 million repurchase, with Goldman Sachs International appointed as a risk-free principal to independently execute trading decisions. The first tranche of the buyback runs from June 24, 2024, to December 27, 2024, with a maximum of 200 million ordinary shares repurchased. The repurchased shares will be cancelled, and no related buyback operations will be conducted on the Hong Kong Stock Exchange.

    Read original
  4. Prudential: Press Releases26

    Prudential's 2024 first interim dividend to offer scrip option

    Prudential has launched a scrip dividend option for its first interim dividend of 2024 (6.84 US cents per ordinary share), with new ordinary shares issued only on the Hong Kong share register. Shareholders unable to hold shares on the Hong Kong register may participate through a share dealing mechanism. The scrip dividend option requires approval from the UK Financial Conduct Authority, the London Stock Exchange, the Hong Kong Stock Exchange, and the Singapore Exchange for the listing and trading of new shares. The deadline for Hong Kong shareholders to elect the scrip dividend is 4:30 PM Hong Kong time on September 30, 2024.

    Read original
  5. Prudential: Press Releases21

    Prudential Appoints Arjan Toor as New CEO of Health Business

    Prudential announced the appointment of Arjan Toor as the new CEO of its health business. He will take office on February 1, 2024, based in Singapore, and report to Solmaz Altin, Managing Director of the Strategic Business Group. With over 27 years of leadership experience in the healthcare industry across regions, Arjan Toor previously served as CEO of Cigna Europe. He will take full charge of the financial and operational aspects of Prudential's health business, succeeding the outgoing Group Chief Health Officer Andrew Wong.

    Read original
  6. Prudential: Press Releases21

    Prudential Reaches Bancassurance Partnership with CIMB Thai

    Prudential's Thai subsidiary, Prudential Life Assurance (Thailand) Public Company Limited (PLT), signed a 10-year bancassurance partnership agreement with CIMB Thai, making PLT CIMB Thai's exclusive life insurance partner in Thailand. This partnership aligns with Prudential's multi-market growth strategy, leveraging CIMB Thai's customer base and branch network in Thailand to expand Prudential's business scale in the Thai market.

    Read original
  7. Prudential: Press Releases22

    Prudential Launches Share Buyback Program to Offset Dilution from 2023 Employee and Agent Share Plan Issuance

    Prudential plc announced the launch of a share buyback program, intending to repurchase 3,851,376 ordinary shares with a par value of 5 pence each to offset the equity dilution caused by vested awards under the 2023 employee and agent share plan. The total budget for this buyback is up to GBP 38 million, with the buyback period running from January 8, 2024 to January 26, 2024. Barclays Capital Securities Limited will execute the buyback, and the repurchased shares will be cancelled.

    Read original
11 NovTue
  1. Prudential: Press Releases24

    Prudential expands preferred medical network with Icon Cancer Centre Singapore partnership

    Prudential has partnered with Icon Cancer Centre Singapore and added it to its Preferred Provider Network, enabling cashless outpatient cancer treatment at 10 Icon clinics in Singapore for health insurance customers in Singapore and Indonesia. The coverage includes chemotherapy, immunotherapy, targeted therapy, radiotherapy and surgical oncology, while customers in Singapore can also access Icon's diagnostic screening facilities.

    Read original
  2. Prudential: Press Releases21

    Prudential officially launches its Global AI Lab in Singapore

    Prudential officially launched its Global AI Lab in Singapore on 19 November 2024, aimed at accelerating the adoption of AI, generative AI and machine learning across the Group. Supported by Singapore's Ministry of Digital Development and Information, the Economic Development Board and the Monetary Authority of Singapore, the lab is collaborating with Google Cloud on technology development, prioritising AI solutions that improve access to quality healthcare and enhance operational efficiency. The lab will also partner with local universities in Singapore to nurture talent, offering students practical experience and internship opportunities.

    Read original
  3. Prudential: Press Releases26

    Prudential launches second tranche of its USD 800 million share buyback programme

    Prudential has launched the second tranche of its USD 800 million share buyback programme. This tranche is being conducted by Barclays Capital Securities Limited as an independent riskless principal, with an execution period from 5 December 2024 to 26 June 2025. Up to 175 million ordinary shares may be repurchased, which will be cancelled, and no purchases of ordinary shares will be made on the Hong Kong Stock Exchange.

    Read original
  4. Prudential: Press Releases33

    Prudential Announces First Interim Dividend Plan for 2025

    Prudential has announced a first interim dividend of 7.71 US cents per share for 2025, with an ex-dividend date of September 4, 2025, and a record date of September 5, 2025. Shareholders can choose to receive dividends in British pounds, Hong Kong dollars, or US dollars, or opt for scrip dividends; UK-registered shareholders can also participate in the Dividend Reinvestment Plan. This dividend is expected to be distributed to holders in Hong Kong, the UK, and US Depositary Receipts on October 16, 2025, while Singapore shareholders are expected to receive payment on October 23, 2025.

    Read original
  5. Prudential: Press Releases14

    Prudential Foundation Launches 2025 Disaster Tech Awards and Establishes Partnership with AVPN

    The Prudential Foundation has launched the 4th edition of the 2025 SAFE STEPS Disaster Tech Awards, with the final round scheduled for June 11, 2025. Featuring two tracks, "Climate and Health" and "Smart Resilience," the awards offer over USD 150,000 in cash prizes and in-kind support from strategic partners. The awards are supported by organizations including the United Nations Office for Disaster Risk Reduction (UNDRR) and the International Federation of Red Cross and Red Crescent Societies (IFRC). Concurrently, the Prudential Foundation has launched an 18-month partnership with AVPN to expand financing channels for mature climate tech solutions.

    Read original
  6. Prudential: Press Releases26

    Prudential evaluates potential listing of ICICI Prudential Asset Management Company

    Prudential announces it is evaluating a potential listing of ICICI Prudential Asset Management Company, involving a partial divestment of shares, subject to market conditions, necessary approvals and other considerations. Net proceeds from the divestment will be returned to shareholders upon completion, and Prudential will provide further updates in due course. India is a strategically important market for Prudential, which will continue to explore opportunities to expand its business there.

    Read original
  7. Prudential: Press Releases32

    Prudential Reaches Comprehensive and Final Settlement on Malaysia Dividend Dispute

    Prudential plc has reached a comprehensive and final settlement with Detik Ria Sdn Bhd regarding the Malaysia dividend dispute. Prudential will pay Detik Ria dividends equivalent to US$83 million through existing resources of Sri Han Suria Sdn Bhd, while waiving amounts equivalent to US$33 million owed by Detik Ria to its subsidiary. Both parties will withdraw all related legal proceedings, release each other from all liabilities, and refrain from filing new claims on historical matters. This settlement is expected to slightly increase Prudential Group's IFRS shareholders' equity.

    Read original
  8. Prudential: Press Releases17

    Prudential appoints Chief Economist

    Prudential's asset management arm, Eastspring Investments, has appointed Ray Farris as Chief Economist, a newly created role marking Prudential's first appointment to this position. Ray Farris will provide macroeconomic research and analysis to Prudential and Eastspring Investments, supporting investment and asset allocation decisions. Based in Singapore, he will report to Vis Nayar, Chief Investment Officer of Eastspring Investments.

    Read original
  9. Prudential: Press Releases35

    Prudential plc Announces Full-Year 2024 Results

    Prudential plc (HKEX: 2378; LSE: PRU) has announced its results for the year ended December 31, 2024. On a constant exchange rate basis, new business profit was USD 3.078 billion, representing an 11% year-on-year increase. Adjusted operating profit before tax grew by 10% year-on-year to USD 3.129 billion. The full-year 2024 dividend was 23.13 US cents per share, up 13% year-on-year. Share buybacks totaling USD 1.045 billion have been completed, and the original USD 2 billion buyback program, initially planned for completion by mid-2026, will now be completed by the end of 2025.

    Read original
  10. Prudential: Press Releases15

    Prudential empowers its agency force and accelerates business growth through MDRT sponsorship

    Prudential has announced a three-year top-tier sponsorship with MDRT, launching a dedicated recognition programme called PRUMDRT to provide its agency force with MDRT resources, tailored career development and learning opportunities. Prudential ranked second among global multinational companies in MDRT's 2024 rankings, with one of the largest agency teams worldwide, whose agents contribute over 60% of new business profits.

    Read original
  11. Prudential: Press Releases19

    Prudential plc Appoints New Regional Chief Executive Officer and New Chief Executive Officer of Eastspring Investments

    Prudential plc has announced the appointment of Naveen Tahilyani as Regional Chief Executive Officer for India, Africa, the Philippines, Cambodia, Laos, and Myanmar, with responsibility for the health business. Rajeev Mittal has been appointed Chief Executive Officer of Eastspring Investments, the company's asset management arm.

    Read original
  12. Prudential: Press Releases27

    Prudential Announces Second Interim Dividend for 2024

    Prudential has announced a second interim dividend of 16.29 US cents per share for 2024. Shareholders registered in the UK, Hong Kong, and Singapore will receive the dividend in GBP, HKD, and SGD respectively by default, with an option to receive it in USD. The deadline for the USD option is April 22, 2025. The ex-dividend date is March 27, 2025, the record date is March 28, 2025, and the cash dividend is expected to be paid on May 14, 2025. A scrip dividend option is available, applicable only to shares listed in Hong Kong. UK-registered shareholders may opt for a dividend reinvestment plan.

    Read original