Hong Kong

AM Best Affirms Credit Ratings of Samsung Fire & Marine Insurance Co., Ltd. and Its Subsidiaries; Revises Outlooks to Stable for Samsung Reinsurance Pte. Ltd.

Friday, September 18, 2020 - 3:56pm

The companys combined ratio was the lowest in South Koreas insurance industry for 2019, despite an industry-wide deterioration in underwriting performance during the year.

Key Points: 
  • The companys combined ratio was the lowest in South Koreas insurance industry for 2019, despite an industry-wide deterioration in underwriting performance during the year.
  • Reinsurance credit risk is partially offset by the companys well-diversified reinsurance panel with good credit profiles, including SFM.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Beijing Culture and Tourism Spearheads Post-COVID Travel Recovery with Global Online Strategic Forum: "Restart Travel, Together with Beijing"

Friday, September 18, 2020 - 1:00pm

BEIJING, Sept. 18, 2020 /PRNewswire/ -- As the world enters a new era of international travel, Beijing Tourism is leading the way with a two-part online forum series, "Beijing Culture and Tourism Global Online Strategic Forum - Restart Travel, Together with Beijing.

Key Points: 
  • BEIJING, Sept. 18, 2020 /PRNewswire/ -- As the world enters a new era of international travel, Beijing Tourism is leading the way with a two-part online forum series, "Beijing Culture and Tourism Global Online Strategic Forum - Restart Travel, Together with Beijing.
  • These address questions of how tourism can bounce back from COVID-19, the future of business travel and the MICE sector, and the role of youth travel in global tourism recovery.
  • Each forum session finishes with a research report presentation from McKinsey on global prospects for tourism recovery.
  • "Beijing Tourism's goal in building this platform is to welcome friends around the world to discuss how to restart travel not only travel to Beijing, but on an international level.

Ping An Accelerates Digital innovations in Response to COVID-19

Friday, September 18, 2020 - 10:29am

Jessica Tan, Co-CEO of Ping An Group, was a featured speaker at the IIF Digital Interchange: The Global Dialogue on Digital Finance on the acceleration of digital transformation across the Group as a result of the COVID-19 pandemic.

Key Points: 
  • Jessica Tan, Co-CEO of Ping An Group, was a featured speaker at the IIF Digital Interchange: The Global Dialogue on Digital Finance on the acceleration of digital transformation across the Group as a result of the COVID-19 pandemic.
  • As of June 30, 2020, Ping An had more than 210 million retail customers and 560 million internet users.
  • Ping An's smart city services is helping 118 cities in China digitize their services, including Shenzhen, where Ping An is headquartered.
  • Ping An Insurance (Group) Company of China, Ltd. ("Ping An") is a world-leading technology-powered retail financial services group.

Ping An Accelerates Digital innovations in Response to COVID-19

Friday, September 18, 2020 - 9:53am

Jessica Tan, Co-CEO of Ping An Group, was a featured speaker at the IIF Digital Interchange: The Global Dialogue on Digital Finance on the acceleration of digital transformation across the Group as a result of the COVID-19 pandemic.

Key Points: 
  • Jessica Tan, Co-CEO of Ping An Group, was a featured speaker at the IIF Digital Interchange: The Global Dialogue on Digital Finance on the acceleration of digital transformation across the Group as a result of the COVID-19 pandemic.
  • As of June 30, 2020, Ping An had more than 210 million retail customers and 560 million internet users.
  • Ping An's smart city services is helping 118 cities in China digitize their services, including Shenzhen, where Ping An is headquartered.
  • Ping An Insurance (Group) Company of China, Ltd. ("Ping An") is a world-leading technology-powered retail financial services group.

Beijing Culture and Tourism Spearheads Post-COVID Travel Recovery with Global Online Strategic Forum: "Restart Travel, Together with Beijing"

Friday, September 18, 2020 - 8:00am

BEIJING, Sept. 18, 2020 /PRNewswire/ -- As the world enters a new era of international travel, Beijing Tourism is leading the way with a two-part online forum series, "Beijing Culture and Tourism Global Online Strategic Forum - Restart Travel, Together with Beijing.

Key Points: 
  • BEIJING, Sept. 18, 2020 /PRNewswire/ -- As the world enters a new era of international travel, Beijing Tourism is leading the way with a two-part online forum series, "Beijing Culture and Tourism Global Online Strategic Forum - Restart Travel, Together with Beijing.
  • These address questions of how tourism can bounce back from COVID-19, the future of business travel and the MICE sector, and the role of youth travel in global tourism recovery.
  • Each forum session finishes with a research report presentation from McKinsey on global prospects for tourism recovery.
  • "Beijing Tourism's goal in building this platform is to welcome friends around the world to discuss how to restart travel not only travel to Beijing, but on an international level.

maaiiconnect Enhances Data Security and Protection Capabilities to Empower Organisations with Secure and Compliant Customer Relationships

Friday, September 18, 2020 - 5:46am

HONG KONG, Sept. 18, 2020 /PRNewswire/ --Leading customer engagement and team collaboration platform, maaiiconnect , empowers organisations to build secure and compliant customer relationships with new security features.

Key Points: 
  • HONG KONG, Sept. 18, 2020 /PRNewswire/ --Leading customer engagement and team collaboration platform, maaiiconnect , empowers organisations to build secure and compliant customer relationships with new security features.
  • Two-factor Authentication, Advanced Password Policies, Access Controls, Data Retention and more have strengthened maaiiconnect's state-of-the-art security capabilities.
  • In the first half of 2020, the number of data breaches and security incidents has already doubled that of 2019[1].
  • maaiiconnect is the tool that leads the way in enabling organisations to transform their customer experiences across touchpoints, and build strong customer relationships, with advanced security capabilities.

PolyU designs new dual-task exercise for stroke patients to effectively reduce the risk of falls and fall-related injuries

Friday, September 18, 2020 - 3:15am

However, the rate of falling remains high (up to 73%) after the stroke survivors have returned to community living.

Key Points: 
  • However, the rate of falling remains high (up to 73%) after the stroke survivors have returned to community living.
  • [3]-[13] "Fall is one of the most common complications in stroke patients during the post-stroke period, frequently caused by poor dual-task mobility.
  • Only five falls were reported in the dual-task group while there were 20 falls in the control group," Professor PANG said.
  • Higher Incidence of Falls in Long-Term Stroke Survivors Than in Population Controls: Depressive Symptoms Predict Falls After Stroke.

PolyU designs new dual-task exercise for stroke patients to effectively reduce the risk of falls and fall-related injuries

Friday, September 18, 2020 - 3:02am

However, the rate of falling remains high (up to 73%) after the stroke survivors have returned to community living.

Key Points: 
  • However, the rate of falling remains high (up to 73%) after the stroke survivors have returned to community living.
  • [3]-[13] "Fall is one of the most common complications in stroke patients during the post-stroke period, frequently caused by poor dual-task mobility.
  • Only five falls were reported in the dual-task group while there were 20 falls in the control group," Professor PANG said.
  • Higher Incidence of Falls in Long-Term Stroke Survivors Than in Population Controls: Depressive Symptoms Predict Falls After Stroke.

AM Best Affirms Credit Ratings of COSCO SHIPPING Captive Insurance Co., Ltd.

Thursday, September 17, 2020 - 3:15pm

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a of COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a of COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China).
  • The ratings also reflect the wide range of support the company receives from its parent, China COSCO SHIPPING Corporation Limited (COSCO SHIPPING), which AM Best perceives to benefit from strong government support.
  • For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

Funded in One Hour on Kickstarter: Nanobag 4.0 - Ultralight Reusable Shopping Bag

Thursday, September 17, 2020 - 1:47pm

Tiptop Things is committed to creating climate positive products that give more back to the planet than they consume.

Key Points: 
  • Tiptop Things is committed to creating climate positive products that give more back to the planet than they consume.
  • The Nanobag is already environmentally conscious, as it contains less materials than other bags in their category and helps reduce single use plastic bag consumption.
  • In addition one mangrove tree will be planted for every bag sold in partnership with Eden Reforestation Project.
  • Their mission is to infuse everyday items with premium quality and cutting-edge technologies, while having a positive impact on our planet in the process.