
Pacific Prime Dubai recognized as Market Leader: Individual Business 2024 by Allianz
The award underscores Pacific Prime Dubai's dedication to delivering innovative insurance solutions tailored to individual needs while maintaining the highest standards of service. Pacific Prime has consistently demonstrated its ability to adapt to market demands and exceed client expectations.
Cheryl Beattie, Head of Sales for Health and Benefits in the Middle East & Africa at Allianz, remarked during the award presentation: ' We are delighted to acknowledge and recognize Pacific Prime with the prestigious award of Market Leader: Individual Business 2024. Once again, Pacific Prime was the top-performing broker for Allianz Partners Health across the MEA region, and they continue to lead the way in this specialized segment. Thank you for always recognizing the importance of treating us as a true partner and not just a supplier. This, along with proactive collaboration throughout the year, is what really makes Pacific Prime stand out in this segment. We look forward to continued mutual success throughout 2025. '
David Hayes, Regional CEO of Pacific Prime Dubai, expressed gratitude for the recognition, stating: 'We are truly honored to receive the Market Leader award from Allianz. This achievement reflects our commitment to excellence and the strong partnership we have cultivated with Allianz. Our proactive collaboration is essential to providing exceptional service to our clients, and we pledge to keep this spirit alive. Together, we can continue to deliver outstanding insurance solutions that truly benefit our clients.'
About Allianz
The Allianz Group, one of the world's foremost insurers and asset managers, serves approximately 128 million private and corporate clients in nearly 70 countries. Allianz provides a comprehensive range of insurance services, including property, life, and health insurance, along with assistance services to credit insurance. With a robust investment portfolio of around €776 billion managed on behalf of its insurance customers, Allianz is also a leader in responsible investment practices, reflected in its inclusion in the Dow Jones Sustainability Index.
To learn more about Allianz, please visit: https://www.allianz.com/
About Pacific Prime
Established in 2000, Pacific Prime is an award-winning global insurance brokerage and employee benefits specialist that offers individual and corporate insurance solutions. With a USD $1 billion premium under management, Pacific Prime is now the third largest employee benefits broker and the leading flexible benefits solutions provider in the Asia Pacific after acquiring CXA Group's brokerage arms in 2021. The brokerage has over 1,000 employees and 15 offices worldwide, including Hong Kong, Singapore, China, Thailand, Malaysia, the UAE, Indonesia, the UK, the US, Mexico, the Philippines, and Australia.
To learn more about Pacific Prime, please visit: https://www.pacificprime.com/corporate
View source version on businesswire.com: https://www.businesswire.com/news/home/20250428736828/en/
*Source: AETOSWire
Contacts
Stephen Ho
Chief Marketing Officer
Pacific Prime
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
6 hours ago
- Zawya
Egypt: EGP keeps strengthening against USD on Monday
Arab Finance: The exchange rate between the EGP and USD went up to EGP 48.3 for buying and EGP 48.4 for selling at the National Bank of Egypt (NBE) as well as Banque Misr on Monday. At the Commercial International Bank Egypt (CIB), the USD recorded EGP 48.33 for purchasing and EGP 48.43 for selling. The US dollar traded at EGP 48.30 for buying and EGP 48.40 for selling at the United Bank and Al Baraka Bank Egypt. © 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (


Filipino Times
7 hours ago
- Filipino Times
‘Mabuhay ang ugnayang Emirati-Filipino': UAE, Philippines celebrate 51 years of diplomatic relations
The United Arab Emirates and the Republic of the Philippines commemorate 51 years of diplomatic relations today, August 19, marking over five decades of partnership and mutual progress since formal ties were established in 1974. In a statement, His Excellency Mohamed Alqattam Alzaabi, UAE Ambassador to the Philippines, reflected on this milestone and reaffirmed the commitment of both nations to deepen cooperation, drive innovation, and ensure shared prosperity for generations to come. 'The UAE is home to more than one million Filipinos, whose contributions enrich every sector of society. The UAE remains committed to safeguarding their welfare and strengthening the bonds between the two nations,' H.E. Alzaabi said. As part of the occasion, he recalled the November 2024 visit of President Ferdinand Marcos Jr. to the UAE, where he met His Highness UAE President Sheikh Mohamed bin Zayed Al Nahyan, and H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, adding that the two countries have expanded in areas such as trade, cultural exchange, development, and people-to-people connections. 'Over the past three years, both nations have signed approximately 22 agreements focusing on culture, energy transition, legal cooperation, government modernization, and security,' the Ambassador said. He added that the upcoming signing of the Comprehensive Economic Partnership Agreement (CEPA) is also poised to further boost trade and investment across key industries. He highlighted recent joint initiatives that showcase the strength of the UAE-Philippines partnership, including the UAE's USD 20 million support for Pasig River rehabilitation and a USD 15 billion Masdar-Philippines initiative to develop renewable energy projects, projected to provide up to 10 gigawatts of clean power by 2030. H.E. Alzaabi concluded his message with warm wishes for the milestone, saying, 'Happy anniversary and Mabuhay ang ugnayang Emirati-Filipino!' As part of the anniversary celebrations, several historic landmarks in the Philippines, including the National Museum of the Philippines and the José Rizal Monument in Luneta Park, were illuminated in the colors of the UAE flag, honoring the 51-year-strong bond between the two nations.


Zawya
9 hours ago
- Zawya
Dollar firms as markets digest Ukraine summit
SINGAPORE: The U.S. dollar made tepid gains against its major peers on Tuesday as global markets assessed the outcome of a White House summit with European nations that could determine the next phase of the war in Ukraine. The dollar index rose 0.1% to 98.192 after U.S. President Donald Trump told President Volodymyr Zelenskiy on Monday that the United States would help guarantee Ukraine's security in any deal to end the war with Russia. "At the moment, markets are cautious," said Tina Teng, an independent market analyst in Auckland, as traders weighed the possible implications for global energy markets. "The U.S. dollar is going stronger against other currencies and the risk-on sentiment is still leading markets at the moment," she added, citing stock indexes at record highs. Markets are also looking this week to the Federal Reserve's annual symposium in Jackson Hole for any clues on the likely path of interest rates. Fed Chair Jerome Powell is due to speak on the economic outlook and the central bank's policy framework. Many investors are away for summer holidays in the northern hemisphere, while markets will be left with few catalysts amid a thin diary of data releases on Tuesday. The euro held steady at $1.1656, down 0.04% so far in Asia, shuffling along the midpoint of the trading range it has sat in for the past two weeks. "The dollar is the safe haven of choice when geopolitical risks are increasing," said Bart Wakabayashi, Tokyo branch manager at State Street. If a Ukraine deal is reached that involves European countries taking up the burden, a relief rally could result in outflows from the euro and the British pound, he added. "You would suspect that would flow into the dollar, so we could see dollar strength." Cryptocurrencies were an exception to the sleepy mood in markets, with bitcoin falling 1.3% to notch a third straight day of declines after hitting a record high on Thursday. Ether slumped 2.9%, extending losses for a second day after failing to breach a similar threshold last week. Against the yen, the dollar was 0.1% weaker at 147.770 yen and showing little sign of willingness to exit the trading channel it has sat in all month, after an auction of long-dated Japanese government bonds received weaker demand than seen in July. The yield on the 20-year securities rose 1.5 basis point to 2.59% after the debt sale. Japanese stock markets lost momentum on Tuesday, with the Nikkei 225 edging back from record highs seen earlier in the trading session and the Topix clinging to its early gains. The Australian dollar fetched $0.6489, easing off gains after Westpac's consumer sentiment data for August rose to a 3-1/2-year high. The Hong Kong dollar, which the city's de facto central bank allows to trade in a tight range of between 7.75 and 7.85 against the greenback, was one of the biggest movers, trading 0.3% stronger at 7.7944 to its U.S. counterpart as interbank rates surged to a three-month high. The kiwi pared earlier gains and was last flat at $0.59245 . Sterling also gave up on earlier signs of life, last trading at $1.3501, slumping back towards the low end of its range recorded over the past week. (Reporting by Gregor Stuart Hunter Editing by Shri Navaratnam and Kim Coghill)