Hong Kong Insurance Industry Newswire

KSE-100 stages partial recovery after steep opening amid Pakistan-India tensions

After plunging over 6,500 points at the opening, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index recovered a significant portion of its losses during intra-day trading on Wednesday. The index had dropped sharply at the open, shedding more than …

KSE-100 stages partial recovery, still closes over 3,500 points lower

After plunging over 6,500 points at the opening, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index recovered a significant portion of its losses, eventually settling with a loss of over 3,500 points on Wednesday. The index had dropped sharply at …

Blue Cross Surpasses Market Average with Over 20% Growth in 2024

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") reported outstanding performance in the 2024 provisional statistics for Hong Kong general insurance business released by the …

Father of US-based pro-democracy activist reportedly arrested by Hong Kong police

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our …

Warning that Japan could play debt “card” in tariff war

The decision by US President Trump for a 90-day pause, set to expire in July, on “reciprocal tariffs” imposed on a wide range of countries has calmed financial markets, at least for the time being. But the negotiations—more akin to a series of diktats …

KSE-100 recovers partially after steep opening amid Pakistan-India tensions

After plunging over 6,500 points at the opening, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index recovered a significant portion of its losses during the early hours of trading on Wednesday. The index had dropped sharply at the open, shedding …

US, China move towards trade talks, but a deal seems distant

A look at the day ahead in European and global markets from Tom Westbrook After a few weeks buying the rumour of U.S.-China de-escalation, markets gave a lukewarm welcome to news that the countries' top trade officials will meet in Geneva at the …

HSBC launches captive insurer in Hong Kong

HSBC has received approval from the Hong Kong Insurance Authority to establish Wayfoong (Asia) as a captive insurer in Hong Kong. Wayfoong (Asia) was authorised on 28 April to underwrite all 17 classes of general business in the territory. The entity …

US to close Office of Palestinian Affairs in Jerusalem

Secretary of State Marco Rubio has ordered the Office of Palestinian Affairs in Jerusalem to be merged into the US embassy, closing an important mission that provided diplomatic contact with Palestinians. The move will restore the Palestinian Affairs Unit …

Pacific Prime Thailand Wins AXA Thailand’s Top International Broker Award 2025

BANGKOK–(BUSINESS WIRE)–In a strong display of commitment to its global insurer partners, Pacific Prime Thailand, a leading international health insurance broker, was awarded the Top International Broker Award from AXA Thailand on April 28th, 2025. The …

Stocks rally on US-China talks, China rate cut

By Tom Westbrook SINGAPORE (Reuters) -U.S. stock futures and Chinese markets rose on Wednesday, as investors cheered news of a meeting between top U.S. and Chinese trade officials as a chance to tone down the tariffs, while China cut interest rates and …

Africa's Top 250 Companies 2025: the full list

This year has seen a partial recovery in the value of Africa’s biggest companies – but market capitalisations are still a lot lower than they were a decade ago (see below for full list). The fluctuating value of African currencies is partly to blame, as is …

Hong Kong police arrest family of pro-democracy activist, reports say

Police in Hong Kong have arrested the father and brother of US-based pro-democracy activist Anna Kwok for allegedly helping with her finances, according to media reports. It is the first time the relatives of an "absconder" have been charged …

Dollar languishes ahead of Fed meeting, Asian currencies calmer

By Rocky Swift TOKYO (Reuters) -The dollar steadied on Wednesday before a Federal Reserve meeting to determine policy for an uncertain economy and as major investors in Asia continued cashing out of U.S. assets. News that the United States and China are …

HSBC gets greenlight to establish captive insurer in Hong Kong

The Tide Is Going Out on the Dollar Carry Trade

(Bloomberg Opinion) -- In a week of tributes to Warren Buffett, here’s one from me, in the form of stealing one of his best aphorisms: Only when the tide goes out do you discover who’s been swimming naked.The currency market is getting a view of that just …

Gulf investment and Trump tariffs previewed at Milken Conference

US President Donald Trump's visit to the Gulf was briefly previewed during a discussion at a financial conference in California on Tuesday. The visit came up during a moderated panel event at the 2025 Milken Institute Global Conference in Los Angeles, …

Earnings season blog - Ferrari, AMD, NAB and more

Re-live today's live blog coverage of earnings season. This is the time of year when publicly traded companies report their financial results, giving investors and analysts a glimpse into their performance and future outlook. We'll bring you real- …

SKP Beijing to Sell 42 to 45 Percent Stake to Boyu Capital

SKP Beijing, China‘s top-grossing luxury department store operator, is slated to sell around 42 to 45 percent of the company to Boyu Capital, according to a notice posted on the Beijing Municipal Bureau of Market Supervision and Administration’s website. …

SourceFuse Celebrates 19 Years of Innovation, Impact, and Inspiration

SourceFuse marks 19 years of driving digital transformation with global impact, client success, and a relentless spirit of innovation. JACKSONVILLE, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- SourceFuse, a leading provider of cloud- …

Mangrove Property Insurance to Join FAIA’s 2025 Convention

Building Partnerships with Independent Agents ST. PETERSBURG, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Mangrove Property Insurance (Mangrove), one of Florida’s newest admitted homeowners insurance carriers, is pleased to announce it …

Red Oak Expands Supervision Suite to Cover Email, Messaging, and Collaboration Platforms

Red Oak adds email, messaging & collaboration tool oversight to its platform, delivering unified, audit-ready supervision across all channels. AUSTIN, TX, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Red Oak, the industry’s leading …

Flexible IP Address Solutions Fuel AI Innovation for Business Continuity and Growth

Flexible IP leasing with ownership paths enables Lovable and other AI-driven companies to scale seamlessly while maintaining infrastructure stability. LONDON, UNITED KINGDOM, May 7, 2025 /⁨EINPresswire.com⁩/ -- AI-powered solutions are …

MIC, MSF Applaud Designation of Motorcycle Safety Awareness Month

Motorists Urged to #SeeMotorcycles as Riding Season Begins IRVINE, CA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- The Motorcycle Industry Council and Motorcycle Safety Foundation applaud Congressional Motorcycle Caucus leaders for …

Bits In Glass Joins Creatio as Premier Partner to Advance Innovation in Manufacturing & Distribution

The new collaboration aims to simplify and accelerate CRM and automation for manufacturers and distributors across North America. EDMONTON, AB, CANADA, May 7, 2025 /⁨EINPresswire.com⁩/ -- Bits In Glass (BIG), a trusted global boutique automation …

Palmer Financial Wellness Partners with SwellSpace to Launch the Wellness 360 Benefits Bundle for the Hourly Workforce

CHARLESTON, SC, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- SwellSpace, the modern platform for employee benefits and HR websites, today announced it has been named an official partner of Palmer Financial Wellness, a leading advocate for …

Forager Real Estate Partners launches The Bonita Foundry, a new flex-commercial campus in Bonita Springs

New 181,000-sq-ft flex campus in Bonita Springs to offer customizable Class A commercial, industrial, and recreational space by Forager Real Estate Partners NAPLES, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Forager Real Estate …

Car Rental Prices USA 2025: Signs of Relief After Years of Surges

The average price of renting a car in some of the most popular locations in the United States has gone down by 6% since 2024. LONDON, UNITED KINGDOM, May 7, 2025 /⁨EINPresswire.com⁩/ -- The average price of renting a car in some of the most popular …

Teledentistry.com and Lane Health Forge Partnership to Expand Access to Quality Healthcare in America

Teledentistry.com and Lane Health are announcing a landmark partnership aimed at improving how Americans receive and afford dental and healthcare services. LAS VEGAS, NV, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- In a move poised to …

Smarter Dentistry Starts Here: Muskan.AI Enhances Diagnostics, Imaging & Patient Care

Muskan.AI expands with DentiLens, a smarter webapp, and real-time AI insights driving intelligent, end-to-end care for modern dental practices. NEW YORK, NY, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Muskan.AI, a pioneer in the …

HMP Global’s 38th annual Psych Congress to cover latest clinical approaches across all areas of mental health

2025 program features specialized pre-conferences, session honoring the legacy of Dr. Vladimir Maletic, and a keynote on decriminalization and justice reform. MALVERN, PA, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Clinicians throughout …

Nicole Leiter Joins BioFlex Board of Advisors

PHOENIX, AZ, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- BioFlex, a dynamic solutions provider at the intersection of healthcare and technology, is pleased to announce the appointment of Nicole Leiter to its Board of Advisors. With a …

Linqura Announces Partnership with FirstChoice, a MarshBerry Company, to Bring Agencies AI-Powered Commercial Expertise

Agentic AI platform selected by leading insurance network to transform commercial lines production. HARTFORD, CT, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Linqura, the AI-powered growth engine designed to transform the business insurance …

Fraser Allport achieves the prestigious Accredited Investment Fiduciary ® designation

The benefits of working with an Accredited Investment Fiduciary ® DAYTONA BEACH SHORES, FL, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Fraser Allport is proud to announce that he has achieved the prestigious Accredited Investment …

Nicus Introduces Modern TBM Vision and Platform, Powered by ServiceNow

New approach redefines TBM with real-time insights, AI automation, and a flexible, decision-driven cost model — all delivered within ServiceNow. LAS VEGAS, NV, UNITED STATES, May 7, 2025 /⁨EINPresswire.com⁩/ -- Nicus Software, Inc. (Nicus), a …

Westland Benefits acquires Alberta-based Sagium Health Strategies Inc.

Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), May 07, 2025 (GLOBE NEWSWIRE) -- Westland Insurance today announced that its newly launched benefits brand, Westland Benefits, has acquired Sagium Health …

6,000 construction workers died by suicide in just one year: IBEAM responds with industry training

Ideal Body, Environment, and Mind is a free suicide prevention training providing construction professionals the tools to navigate their industry’s challenges. BLOOMINGTON, MN, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- In an important …

Envision Captive Consultants Celebrates Successful 2nd Renewal with Phoenix Contractor’s Captive

PHOENIX, AZ, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The Phoenix Contractor’s Captive, a program under Envision Captive Consultants, proudly announces its successful second renewal, marking a significant milestone in its journey as an …

New State-Approved DriveSafe Online Nevada Traffic Safety Course Helps Drivers Dismiss Tickets and Save Money

DMV-Approved Online Defensive Driving Course Also Helps Nevada Drivers Remove Demerit Points and Earn Insurance Discounts WICHITA, KS, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- DriveSafe Online is pleased to announce that its Nevada …