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Chubb Insurance: Adverse Weather Sparks a Surge in Travel Insurance Policy Purchases

HONG KONG SAR – Media OutReach Newswire – 2 October 2025 – In 2025, Hong Kong has already issued 51 rainstorm warnings, including four top-tier black rainstorm signals, highlighting the city’s increasing vulnerability to extreme weather. These severe weather events have not only disrupted daily life but also significantly impacted travel plans for many residents. As a leading travel insurance provider, Chubb Insurance Hong Kong (“Chubb Insurance”) has observed a notable shift in customer behavior, with a surge in travel insurance purchases immediately before and after these adverse weather events. To encourage customers to insure sooner, Chubb Insurance is introducing a new redemption scheme: Insure a designated amount to redeem vouchers. Customers can therefore travel without worries while earning new rewards.

This trend highlights a growing awareness among travelers of the potential risks posed by extreme weather. However, it also underscores the need for better planning and proactive measures when it comes to safeguarding travel plans.

Adverse Weather Sparks Travel Insurance Awareness
Chubb Insurance’s data reveals that policy volumes spike during periods of adverse weather, as travelers rush to secure coverage for their upcoming trips. This phenomenon suggests that many customers only consider purchasing travel insurance after realizing the potential impact of extreme weather on their travel plans. While this is a positive step toward risk mitigation, it is important to emphasize that travel insurance is most effective when purchased well in advance of any trip.

The Importance of Early Protection
Travel insurance is designed to provide protection against risks and financial losses travelers may encounter during their journeys. It covers unforeseen events, including trip cancellations, delays, and disruptions caused by adverse weather. However, coverage is only valid for events that occur after the policy is purchased. This means that waiting until the last minute—or after a weather warning has been issued—may leave travelers vulnerable to uncovered risks.

As the frequency of adverse weather events continues to rise, Chubb Insurance urges travelers to make travel insurance an integral part of their trip planning process. By purchasing a policy as soon as travel arrangements are made, customers can ensure more comprehensive protection against the unexpected, including inconveniences caused by adverse weather.

Chubb Insurance’s Commitment
Chubb Insurance is dedicated to provide comprehensive travel insurance products that help travelers confidently mitigate potential risks during their journeys. We encourage all travelers to proactively mitigate risks by purchasing travel insurance in advance, ensuring peace of mind and a smooth travel experience. Don’t wait for the next black rain signal to remind you of the importance of protection—plan ahead and travel with confidence.

For more information about Chubb Insurance’s travel insurance products and how they can protect you against adverse weather and other travel risks, please visit https://www.chubbtravelinsurance.com.hk/cti/hk-en/home.html.

Hashtag: #chubb #旅遊保

The issuer is solely responsible for the content of this announcement.

GoShorty puts the pedal down. From quote to cover in a tap: MPF delivers mobile loyalty and simplicity for users.

SYDNEY, Oct. 2, 2025 /PRNewswire/ — Award-winning UK-based insurance disruptor GoShorty has partnered with Miroma Project Factory (MPF) to design and build a sleek, feature-packed mobile application that redefines how people buy and manage short-term car insurance, from learner drivers to van movers and everything in between.

GoShorty shifts gears with MPF: a mobile app redefining short-term insurance.
GoShorty shifts gears with MPF: a mobile app redefining short-term insurance.

GoShorty’s website was already a high-performing digital storefront, but with 92% of traffic coming via mobile, there was a clear need for a dedicated application to serve repeat customers better, reduce friction, and drive down acquisition costs. MPF answered with an experience that combines seamless quote recall, lightning-fast repurchase flows, and smart nudges that help users insure smarter, not harder.

“Since launching 5 years ago GoShorty has seen significant growth to the stage that we’re now one of the most recognised brands in our market. Our customers already buy from us again and again via our website, and our new app will help them to get insured and on their way even quicker and easier with all of their details stored and ready to go in an instant. We’re also launching GoShare within the app to help our customers to share cars and vans within their family and friend groups, helping to get people moving whatever their reasons for travel” said Phil Evans, Managing Director at GoShorty.

MPF led a full-stack delivery across product feature research, UX/UI, development and analytics integration anchored by real user insight gathered from interviews and A/B tests. The result is an app that doesn’t just replicate the website – it evolves it.

“At MPF, we don’t just build apps – we build tools that understand user context and move the business forward,” said Kat Robinson, Global CEO of MPF. “GoShorty is a category leader in its space, and this product reflects that ambition: fast, simple, delightful, and ready to scale.”

MPF delivered the platform working shoulder-to-shoulder with GoShorty’s tech and marketing units, creating not only the app but a roadmap for future loyalty, data insights, and referral-driven grow. Following the successful build, MPF continues to provide support, testing, and feature rollout as part of a long-term shared goal of assisting GoShorty to rapidly advance in market expansion.

Built for Speed, Loyalty, and Utility

The GoShorty app was engineered around three pillars: easy re-purchasing, loyalty by design, and smarter decision support. Key features include:

  • Retrieval of existing quotes and policies
  • Access to purchase history, real-time quote generation, and flexible repeat purchase flows—plus the ability to buy the same cover again in just a few taps.
  • In-app loyalty scheme, rewarding users for engagement and frequent purchasing, integrated with GoShorty’s CRM for deeper personalisation.
  • “GoShare” functionality that allows users to share a car with friends and co-manage short-term cover within a secure group.
  • Animated rewards, push notifications, SMS reminders, and real-time error-handling all wrapped in a mobile-first design optimised for Apple and Android users alike.

About GoShorty

GoShorty is one of the UK’s fastest-growing providers of short-term car, van and learner driver insurance. Established in 2020, GoShorty offers flexible, on-demand cover from 1 hour to 28 days—ideal for learners, borrowers, movers and everyday drivers. With a digital-first model and an obsession with simplicity, GoShorty is transforming how people think about car insurance. Learn more at www.goshorty.co.uk

About Miroma Project Factory (MPF)

MPF is a multi-award-winning digital strategy and product studio that delivers innovative digital solutions across web, platforms, and systems. Specialising in purposeful technology, MPF works at the intersection of strategy, design, and engineering to create impactful digital products for organisations ready to lead. With deep expertise in healthcare, MPF helps clients scale responsibly, communicate clearly, and connect meaningfully with their audiences. For more information, visit www.theprojectfactory.com.

For media enquiries, interviews or partnership opportunities, please contact:
Miroma Project Factory
info@theprojectfactory.com

Graeme Stoker
Director of Marketing
GoShorty
marketing@goshorty.co.uk

Samsung Australia Expands Super Big TV Lineup with 115-Inch Neo QLED 4K TV

Samsung’s largest ever Neo QLED 4K model – QN90F – helps Australians go big without blur or on-screen distractions using AI-enhanced picture quality and Glare-Free technology

SYDNEY, Oct. 2, 2025 /PRNewswire/ — Samsung Australia has today announced its new 115″ Neo QLED 4K QN90F is available for pre-order from Samsung.com/au and select retailers nationwide[1]. This new supersized Neo QLED QN90F is the largest screen ever to join Samsung’s expansive TV line-up and is optimised to deliver stunning details via AI-enhanced picture quality on the big screen. Made for Australian homes, the 115″ Neo QLED QN90F features Samsung award-winning Glare-Free technology, certified[2] to virtually eliminate distracting glare in bright rooms for a truly immersive viewing experience.

“Australians love big screen home cinema experiences which has contributed to super large screen TVs becoming the fastest growing segment in the industry[3],” said Simon Howe, Director – Audio Visual, Samsung Australia. “With the 115″ QN90F, Samsung Australia has further expanded its super large screen line-up offering more Australians access to big-screen options to suit their lifestyle.”

Stunning, AI-Enhanced Clarity on our Biggest Neo QLED 4K Yet

The Neo QLED 4K QN90F features Samsung’s most advanced NQ8 AI Gen3 processor[4], utilising 768 neural networks to enhance picture and sound to new heights. With 53% of Australians gathering around their TV with friends and family to watch big sporting events[5], this processor enhances every detail to deliver a mind-blowing Mini LED picture from virtually any angle or seat in the room.

The QN90F’s AI-processor also powers Samsung’s exclusive Supersize Picture Enhancer[6], which uses a deep learning super resolution algorithm to improve clarity and reduce noise across the massive 115″ screen. Quantum Matrix Technology Plus provides precise lighting control for enhanced contrast and clarity in both dark and light scenes. Further, Samsung’s award-winning Glare Free technology[1] virtually eliminates glare and reflections, a bug bear of 58% of Australians who claim they hate on-screen glare on their TV[7].

The powerful processor also leverages 4K AI Upscaling Pro to transform[8] older or lower resolution content into brilliant 4K, while Neo Quantum HDR Pro leverages HDR10+ tone mapping to automatically analyse each scene and boost bright and dark images to reveal extraordinary colour[9].

Given one in five Australians (19%) use their TVs for gaming and over half (56%) for sports viewing[10], Motion Xcelerator 144Hz[11] ensures exceptional motion clarity with minimal lag or blur. AI Motion Enhancer Pro[12] sharpens and smooths fast-moving objects – like a golf ball or AFL Sherrin – to enable Australians to keep their eye on the ball. Auto HDR Remastering Pro[13] will transform SDR content into HDR-like quality, adjusting brightness, contrast and colour in real-time.

Top-channel Dolby Atmos[14] speakers deliver larger-than-life audio experience while Object Tracking Sound+[15] provides dynamic, realistic audio that mirrors movements on screen – like footsteps in an intense chase scene or cars zipping around a track.

“Not all big screens are created equal. Detail can be lost as content is stretched across a larger screen or it utilises larger pixels losing the finer details on screen,” said Mr. Howe. “As the number one global TV leader for 19 years, Samsung has worked hard to produce features like Supersize Picture Enhancer and AI upscaling to ensure Australians can go bigger without compromising on picture quality, while ensuring that the TV’s sound quality is super-sized to match the incredible picture.”

Super Big Lineup of Super Big TVs

The 115″ Neo QLED 4K QN90F joins the expansive line-up of super big Samsung TVs, including the 100″ Neo QLED 4K QN80F, 98″ Neo QLED 4K QN90F, and 98″ Crystal UHD 4K DU9000. This range will be bolstered by the just-announced category-defining 115″ Samsung Micro RGB TV.

Each feature Samsung Vision AI for new, personalised experiences. The TVs also deliver added features that you can only get from Samsung – including endless free content on Samsung TV Plus[16], console-free gaming through Samsung Gaming Hub[17], seamless smart home control via SmartThings[18] and Samsung Knox[19] to help keep your personal data safe and secure. 

All of this is accessible through our One UI Tizen[20] operating system, which now supports up to seven years of OS updates for continued access to the latest apps, services and AI upgrades.

The 115″ Neo QLED 4K QN90F is today available for pre-order for $26,999 AUD. Australian consumers who purchase a 115″ Neo QLED 4K QN90F from today until 29 October 2025 from Samsung.com/au will receive $1,000 in bonus value to be used at the time of purchase, plus free standard delivery and tabletop installation to eligible residential postcodes. Terms and conditions apply[21].

For more information on the 115″ Neo QLED 4K QN90F and the entire Samsung super big TV lineup, visit Samsung.com/au.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news, please visit the Samsung Newsroom at news.samsung.com

[1] Includes Harvey Norman

[2] The QN90F has been independently verified as Glare Free: Reflection Glare UGR <10, Discomfort Glare UGR <22, Disability Glare UGR <34 by UL LLC. (UL Solutions), Certificate Number: V166045 – Exp. 31/12/2025.

[3] Super large screens defined as 98-inch and bigger. Based on internal Samsung sales insights.

[4] Compared to NQ8 AI Gen2 Processor. Picture quality of upscaled content will vary depending on the quality and resolution of source content and may not apply to PC connection and Game Mode.

[5] Samsung commissioned research by Pure Profile, 2024. N= 1,001

[6] Picture quality may vary depending on the quality and resolution of source content and viewing conditions.

[7] Samsung commissioned research by Pure Profile, August 2025. N= 1,010

[8] Viewing experience may vary according to types of content and format. Upscaling may not apply to PC connection and Game Mode.

[9] With spectacular contrast powered by HDR10+ tone mapping, you can appreciate even minor details in scenes made richer with 4K resolution. HDR 10+ now on streaming services. Separate subscriptions required for certain streaming services. Terms apply. The Range of Quantum HDR claims luminance based on internal testing standards and is subject to change according to viewing environment, source content or specific conditions.

[10] Samsung commissioned research by Pure Profile, August 2025. N= 1,010

[11] Requires compatible gaming PC supporting 4K resolution and 144Hz Variable Refresh Rate. Picture quality will vary depending on quality and resolution of source content.

[12] Viewing experience may vary according to types of content and format. Upscaling may not apply to PC connection and Game Mode.

[13] Compared to SDR content on 2024 Samsung TV models. The quality of the picture may vary depending on source content and viewing environment.

[14] Source content must be Dolby Atmos® enabled for Dolby Atmos® playback.

[15] The quality of sound effects may vary depending on the source content, installation and environmental characteristics. 43″, 50″, 98″ and 115″ feature OTS Lite only.

[16] Channel number counts including Samsung TV Plus and Plex (third-party app) are current as of January 2025. Internet connection and Samsung account required.

[17] A controller may be required depending on the specific game being played on the Gaming Hub.

Internet connection, additional gaming service subscriptions and third party apps (depending on game or service) may be required. Content services are subject to change without notice. Requires Samsung Account. Xbox Game Pass Ultimate subscription and compatible controller required. Fees apply.

[18] Requires Samsung Account, internet connection and SmartThings enabled devices. Please visit www.samsung.com/au/apps/smartthings/ for a list of current compatible devices.

[19] Samsung Knox applies to Samsung TVs powered by Tizen, launched since 2015. Security software update is guaranteed for at least three years from TV product launch. Latest TV software update is required. Evaluated by IT Security and Certification Center, Republic of Korea (Feb 2023, 2024) using the Common Methodology for IT Security Evaluation, Version 3.1 R5 for conformance to the common criteria. Certification No: KECS-CISS-1291-2024.

[20] Internet connection and Samsung Account required. Data and subscription charges may apply. Apps and UI may be subject to change without notice. Agreement of the Smart Hub Terms and Conditions and Privacy Policy is required before use. Kayo & BINGE not available for use in Very Remote regions of Australia. Tizen OS upgrades will be provided for 7 years, starting from release year 2025.

[21] Promotion runs from 9:00AM AEST 2 Oct 2025 to 11:59PM AEST 29 Oct 2025. Offer applies to purchase of a Samsung 115″ QN90F TV through the Samsung Online Store and includes free standard delivery and tabletop installation to eligible residential postcodes, plus $1,000 in bonus value, which allows customers to receive $1,000 in bonus value which must be used at time of purchase. Not valid in conjunction with any other Samsung offer or promotion, unless expressly advised. For full T&Cs, see: https://www.samsung.com/au/tvs/qled-tv/qn90f-115-inch-neo-qled-4k-mini-led-smart-tv-qa115qn90fwxxy/

 

New York Explorers Club Hosts Global Book Launch of Hope for Life on Our Planet: Inspiration for Seven Generations for 80th UNGA and Climate Week

Actor Michael Douglas Speech Elevates Hope As Pathway for Global Leadership Dame Jane Goodall and Verizon CEO Hans Vestberg Deliver Co-Author Tributes Book Editor Osvald Bjelland, Origination Founder, Offers Hope as A Strategy

Surprise Appearance by Iranian Nobel Peace Laureate Narges Mohammadi Stuns

NEW YORK, Oct. 2, 2025 /PRNewswire/ — The Explorers Club hosted a star-studded global book launch event to celebrate the 80th UN General Assembly and 16th annual Climate Week gathering of global heads of state, business, cultural, scientific and academic leaders for Hope for Life on Our Planet: Inspiration for Seven Generations. With speaker, overflow rooms, and balconies filled, Explorers Club President Emeritus Ted Janulis and Explorers Club Trustee and Poet Laureate Leonard Levie, Chairman of AIAC, opened the event. Book editor and co-author, Dr. Osvald Bjelland, Founder and Chairman of the Origination Foundation, shared the story of the book’s genesis and the mission of over 60 notable contributing authors across interdisciplinary sectors. Bjelland shared the story of his efforts through former Chair of the Nobel Peace Prize Committee Berit Reiss-Andersen to secure an opening essay for the book from Iran’s Nobel Peace Laureate Narges Mohammadi – then under solitary confinement in Iran’s Evin prison. The audience was stunned when Bjelland unveiled a live video link with Mohammadi in Tehran to speak.

Explorers Club New York HOPE Global Book Launch for 80th UNGA & Climate Week with Iranian Nobel Peace Laureate Narges Mohammadi, Jane Goodall, Verizon's Hans Vestberg, Orignation's Osvald Bjelland & Co-Authors.
Explorers Club New York HOPE Global Book Launch for 80th UNGA & Climate Week with Iranian Nobel Peace Laureate Narges Mohammadi, Jane Goodall, Verizon’s Hans Vestberg, Orignation’s Osvald Bjelland & Co-Authors.

Global icon ethologist and conservationist Dame Jane Goodall and Verizon Chairman and CEO Hans Vestberg delivered co-author tributes on the importance of the book and of hope for our times. A distinguished panel followed with other co-authors Vidar Helgesen, Norway’s former Minister of Environment and Executive Director of the Intergovernmental Oceanographic Commission (IOC) of UNESCO, Jonathan Granoff, UN Representative for the Summit of Nobel Laureates, and scholar Dr. Robert Thurman, Columbia University Professor Emeritus of Indo-Tibetan Buddhist Studies, moderated by Bloomberg News’ Lyndsay Howard. Actor and UN Messenger of Peace Michael Douglas‘ speech on leadership and human values closed the event.

“This is an important book because we are going through dark times, and it is more important than ever that we have HOPE. The book, HOPE FOR LIFE ON OUR PLANET could not come at a more important time,” said Dame Jane Goodall, founder of the Jane Goodall Institute, the global youth movement Roots and Shoots, and UN Messenger of Peace.

“The role of a leader is to be a hopeful person who empowers others to have the same feeling. Hope can energize us to do difficult and valuable work — and to believe we can change the world through hard work – and smart work. Technology plays a key role to power and empower people to connect to each other and prosper around the world. I believe everyone should have the same access to these technologies,” said Verizon Chairman and CEO Hans Vestberg. 

“No wall can imprison hope, and no power can destroy our belief in freedom and justice. In prison, I learned that hope is not only a feeling, it is a force. My message is simple but urgent: the world is still worth believing in. Hope is the strongest weapon we have. Let us build a world worthy of our children,” stated Iran’s Nobel Peace Laureate Narges Mohammadi.

“We see a tremendous energy, enthusiasm, and commitment by a growing number of young people around the world. They do not intend to give up on their own future. We also see global leaders with a relentless focus on technologies, business and financial modelling, and partnerships which will help us restore, regenerate, and drive progress for life on our planet,” said Origination Foundation Chairman and book editor Dr. Osvald Bjelland.

Hope for Life on Our Planet‘s contributing authors include three Nobel Peace Prize laureates, Iran’s Narges Mohammadi, Ukraine’s Oleksandra Matviichuk, and two-time president of Costa Rica Óscar Arias Sánchez; religious leaders such as the late Pope Francis; business leaders with World Bank president Ajaypal Singh “Ajay” Banga, Verizon’s Hans Vestberg, Tata Sons’ Natarajan Chandrasekaran, and Swedish green steel giant Stegra CEO Henrik Henriksson, as well as original essays from science, conservation, and exploration giants such as Dame Jane Goodall and polar explorer Robert Swan, among over sixty voices, many of whom joined the Explorers Club book launch.

Explorers Club Hope Book Event Links:

About the Origination Foundation

About the Explorers Club

 

EVEREADY® ANNOUNCES HARRY KANE AS GLOBAL BRAND AMBASSADOR

Partnership with international football star and family man is part of broader international marketing effort to expand brand presence around the world

ST. LOUIS, Oct. 2, 2025 /PRNewswire/ — EVEREADY®, a leading brand in batteries and lighting products, announced England men’s soccer captain and Bayern Munich striker Harry Kane as its Global Brand Ambassador.

EVEREADY Global Brand Ambassador Harry Kane
EVEREADY Global Brand Ambassador Harry Kane

EVEREADY is the brand people trust for quality products at an affordable price, as it lights, protects, entertains and cares for families. As a well-known and respected brand in regions worldwide, EVEREADY is thrilled to partner with Harry as the brand accelerates its efforts to make affordable power more widely available across the globe.

Through the multi-year partnership, Harry will appear in EVEREADY international marketing campaigns amplified across multiple touchpoints such as social media, digital channels, eCommerce, outdoor advertising and in-store displays.

“We’re thrilled to build this partnership with a true global footballing icon and welcome Harry Kane as the EVEREADY global brand ambassador,” said Lori Shambro, Chief Marketing Officer of Energizer Holdings. “Our partnership with Harry represents one of many marketing efforts that will help EVEREADY connect and engage with new consumers around the world to showcase how our range of high-quality, affordable products can help families access the power they need to fuel their busy lives and balance their budgets at the same time.”

“I am excited and proud to be working with EVEREADY,” Harry said. “They are a trusted global brand with a reputation for being there when it matters the most – especially when keeping things running smoothly at home. I look forward to working more closely with them!”

Harry Kane is a world-renowned global football superstar, captain of the England men’s national team and striker for Bayern Munich. He’s the all-time top scorer for Tottenham Hotspur and England, winning multiple Premier League Golden Boots, Bundesliga Top Goal Scorer awards, 2018 World Cup Golden Boot, European Golden Shoe and Bundesliga title over his impressive career. Most recently, he became the fastest player in one of Europe’s top 5 leagues to reach a century of goals. A prolific goalscorer and inspiring leader on and off the pitch.

EVEREADY is an Energizer Holdings, Inc. brand. For more information, visit Eveready.com.

For any questions, please contact Energizer Holdings Spokesperson John Leiby at John.Leiby@Energizer.com or reach out to Media@Energizer.com.

About Energizer Holdings
Energizer Holdings, headquartered in St. Louis, Missouri, USA, is one of the world’s largest manufacturers of primary batteries and portable lighting products and is anchored by its globally recognized brands Energizer, Eveready, Rayovac and Varta. Energizer Holdings is also a leading designer and marketer of automotive fragrance and appearance products from recognized brands such as A/C Pro, Armor All, Bahama & Co., California Scents, Driven, Eagle One, LEXOL, Nu Finish, Refresh Your Car!, and STP.

As a global branded distributor of consumer products, our mission is to be the leader in our categories by better serving consumers and customers.

 

Cultural Assets Group Launches SAR 850 Million Osoul Private Investment Fund and Announces Strategic Acquisitions to Accelerate Saudi Arabia’s Cultural and Creative Economy

Under the patronage of His Highness Prince Badr bin Abdullah bin Mohammed bin Farhan Al Saud, Minister of Culture, the SAR 850 million Osoul Private Investment Fund will accelerate high-potential enterprises and expand Saudi Arabia’s global cultural reach

RIYADH, Saudi Arabia, Oct. 2, 2025 /PRNewswire/ — Cultural Assets Group announced the launch of the Osoul Private Investment Fund, valued at SAR 850 million, with financing from the Cultural Development Fund, under the patronage of His Highness Prince Badr bin Abdullah bin Mohammed bin Farhan Al Saud, Minister of Culture of the Kingdom of Saudi Arabia. The Fund is designed to serve as a catalyst for the Kingdom’s cultural and creative ecosystem, strategically investing in visual arts, logistics and exhibitions, cultural retail and fashion, digital content and experience design, interactive visual production and media, and emerging technologies, enabling enterprises to scale, innovate, and expand globally, and emerging technologies, enabling them to scale, innovate, and expand globally.

Abdulaziz AlSulaim (seated left), CEO of Cultural Assets Group, and Majed bin Abdulmohsen Al-Hugail (seated right), CEO of the Cultural Development Fund, joined by Abdullah AlZamel (standing left), Chairman of Cultural Assets Group, and Prince Bader bin Abdullah bin Farhan Al Saud (standing right), Minister of Culture, signed an agreement at the Cultural Investment Conference in Riyadh to launch a SAR 850 million Private Investment Fund, sponsored by the Ministry of Culture, aimed at supporting strategic investments across Saudi Arabia’s cultural sector.
Abdulaziz AlSulaim (seated left), CEO of Cultural Assets Group, and Majed bin Abdulmohsen Al-Hugail (seated right), CEO of the Cultural Development Fund, joined by Abdullah AlZamel (standing left), Chairman of Cultural Assets Group, and Prince Bader bin Abdullah bin Farhan Al Saud (standing right), Minister of Culture, signed an agreement at the Cultural Investment Conference in Riyadh to launch a SAR 850 million Private Investment Fund, sponsored by the Ministry of Culture, aimed at supporting strategic investments across Saudi Arabia’s cultural sector.

The announcement was made at the Cultural Investment Conference (CIC) 2025, held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. Organized by the Ministry of Culture, the two-day conference at the King Fahd Cultural Center in Riyadh convenes global investors, decision-makers, cultural leaders, government and private-sector representatives, NGOs, cultural entrepreneurs, and creative talents. By channeling investment into key cultural and creative sectors, the Osoul Private Investment Fund aims to accelerate the growth of Saudi Arabia’s cultural and creative economy, drive innovation, empower local talent, and position the Kingdom as a global destination for cultural enterprise and creative excellence.

In addition to unveiling Osoul Private Investment Fund, Cultural Assets Group announced a series of strategic acquisitions and partnerships to strengthen Saudi Arabia’s cultural economy. These include a partnership with Al Madinah Region Development Authority to advance Madinah’s cultural and tourism sectors; the acquisition of Riyadh-based Beyond, specializing in culture, tourism, and heritage project management; the acquisition of Saudi fashion brand The Pop Up to expand cultural retail investments; and the acquisition of Riyadh-based The Stage to enhance community engagement and support the cultural creative sector.

Abdullah AlZamel, Chairman of Cultural Assets Group, added:

“The launch of the Osoul Private Investment Fund, alongside our recent strategic acquisitions and partnerships, reflects our commitment to building a robust cultural ecosystem across the Kingdom. By investing in high-potential enterprises and strengthening cultural infrastructure, including community engagement platforms like The Stage and fashion and heritage leaders like The Pop Up and Beyond, we are ensuring that culture becomes a cornerstone of Saudi Arabia’s diversified economy, creating long-term value for creators, communities, and investors alike.”

Abdulaziz AlSulaim, Chief Executive Officer of Cultural Assets Group, said:

The Osoul Private Investment Fund marks a transformative step in leveraging culture as a driver of sustainable economic growth. By investing in innovative cultural and creative enterprises, combined with our strategic acquisitions and partnerships, Cultural Assets Group is at the forefront of Saudi Arabia’s cultural economy, empowering local talent, enhancing community engagement, and expanding pathways to global markets”

About Cultural Assets Group

Cultural Assets Group is the largest privately-owned cultural and creative group in Saudi Arabia, dedicated to shaping the Kingdom’s cultural future through strategic investment, innovation, and ecosystem development. As an institutional leader, the Group builds and manages a portfolio of cultural enterprises and intellectual properties operating across a wide spectrum of the cultural and creative industry. Through its subsidiaries and initiatives, the Group bridges creativity and capital, driving sustainable cultural growth that aligns with the goals of Saudi Vision 2030. Its mission is to elevate the economic value of cultural and creative industries, and leave a lasting impact by designing programs and subsidiaries that build legacies

https://www.culturalassets.sa/en

Linkedin: @culturalassetsg
X: @Culturalassets_
YouTube: @Culturalassets
Instagram: @Culturalassets_

For Media Enquiries:

Cultural Assets Group
Email: pr@culturalassets.sa
https://www.culturalassets.sa/en  

Abdullah AlZamel, Chairman of Cultural Assets Group (standing), Abdulaziz AlSulaim, CEO of Cultural Assets Group (seated right), and Mohammed Almousa, CEO of The Stage (seated left), at the Cultural Investment Conference in Riyadh, where Cultural Assets Group announced the acquisition of The Stage, a leading social and cultural platform in Saudi Arabia that fosters community building, dialogue, and impact within the Kingdom’s cultural and creative movement.
Abdullah AlZamel, Chairman of Cultural Assets Group (standing), Abdulaziz AlSulaim, CEO of Cultural Assets Group (seated right), and Mohammed Almousa, CEO of The Stage (seated left), at the Cultural Investment Conference in Riyadh, where Cultural Assets Group announced the acquisition of The Stage, a leading social and cultural platform in Saudi Arabia that fosters community building, dialogue, and impact within the Kingdom’s cultural and creative movement.

 

Ahmed AlAttas, CEO of Beyond (left), Abdullah AlZamel, Chairman of Cultural Assets Group (middle), andAbdulaziz AlSulaim, CEO of Cultural Assets Group (right) at the Cultural Investment Conference in Riyadh, where Cultural Assets Group announced its acquisition of Beyond, a company specializing in strategic planning, development, and project management in the culture, tourism, and heritage sectors.
Ahmed AlAttas, CEO of Beyond (left), Abdullah AlZamel, Chairman of Cultural Assets Group (middle), andAbdulaziz AlSulaim, CEO of Cultural Assets Group (right) at the Cultural Investment Conference in Riyadh, where Cultural Assets Group announced its acquisition of Beyond, a company specializing in strategic planning, development, and project management in the culture, tourism, and heritage sectors.

 

Nawaf AlAbdali, Founder and CEO of The Pop Up (left), Abdullah AlZamel, Chairman of Cultural Assets Group (middle), and Abdulaziz AlSulaim, CEO of Cultural Assets Group (right), at the Cultural Investment Conference in Riyadh, where Cultural Assets Group announced its acquisition of The Pop Up, a Saudi fashion brand that supports local designers and labels by driving their commercial growth and market presence.
Nawaf AlAbdali, Founder and CEO of The Pop Up (left), Abdullah AlZamel, Chairman of Cultural Assets Group (middle), and Abdulaziz AlSulaim, CEO of Cultural Assets Group (right), at the Cultural Investment Conference in Riyadh, where Cultural Assets Group announced its acquisition of The Pop Up, a Saudi fashion brand that supports local designers and labels by driving their commercial growth and market presence.

 

Abdulaziz AlSulaim, CEO of Cultural Assets Group (left), and Abdulaziz Mohammed Al-Shebil, Chief of Social and Economic Development at the Al Madinah Region Development Authority (right), signing a Memorandum of Understanding at the Cultural Investment Conference. The agreement aims to advance Madinah’s cultural and tourism sectors through planning, design, and management, supporting the development of cultural assets and facilities, and enhancing visitor services in recognition of the city’s cultural significance.
Abdulaziz AlSulaim, CEO of Cultural Assets Group (left), and Abdulaziz Mohammed Al-Shebil, Chief of Social and Economic Development at the Al Madinah Region Development Authority (right), signing a Memorandum of Understanding at the Cultural Investment Conference. The agreement aims to advance Madinah’s cultural and tourism sectors through planning, design, and management, supporting the development of cultural assets and facilities, and enhancing visitor services in recognition of the city’s cultural significance.

 

 

Geopolitical Volatility Surges into Top 10 Business Risks for the First Time, Aon’s Global Study Finds

19th year of survey reveals cybersecurity remains top concern as workforce-related risks fall on global risk agenda

DUBLIN, Oct. 2, 2025 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm, today released the 2025 edition of its Global Risk Management Survey, which has tracked the most-pressing risks for business decision-makers for nearly two decades. The findings reveal a sharp rise in risks associated with geopolitical volatility and a broader shift in how organizations perceive and prioritize risk.

Based on responses from nearly 3,000 risk managers, C-suite leaders and executives in 63 countries, geopolitical volatility surged 12 places since the last survey in 2023, breaking into the top ten global risks for the first time in the survey’s 19-year history. The rise of risks related to trade and geopolitical challenges reflects growing instability across regions, with implications for supply chains, regulatory environments and financial performance.

Despite rising volatility, most organizations remain underprepared: only 14 percent of respondents track their exposure to the top ten risks and only 19 percent use analytics to evaluate the value of their insurance programs. These findings underscore the urgent need for organizations to rethink their approach to risk, moving from reactive measures to proactive, integrated strategies.

“The dramatic rise of trade and geopolitical risk highlights a new reality: volatility and uncertainty are now constants for organizations,” said Joe Peiser, CEO of Commercial Risk for Aon. “From evolving tariffs to shifting alliances, these forces directly impact organizations’ balance sheets. Building resilience through analytics and scenario planning is essential for navigating this environment.”

2025 Top Ten Global Risks

  1. Cyber Attack or Data Breach
  2. Business Interruption
  3. Economic Slowdown or Slow Recovery
  4. Regulatory or Legislative Changes
  5. Increasing Competition
  6. Commodity Price Risk or Scarcity of Materials
  7. Supply Chain or Distribution Failure
  8. Damage to Reputation or Brand
  9. Geopolitical Volatility
  10. Cash Flow or Liquidity Risk

Cyber Risk and AI’s Influence: Persistent, Pervasive and Evolving
“Cyber Attack or Data Breach” remains the number one current and future risk according to the survey respondents, as the rapid adoption of digital platforms and AI technologies has expanded the attack surface for threat actors. With AI-enhanced cyber incidents on the rise, business leaders are shifting from reactive postures to proactive risk management strategies.

“The scale and complexity of cyber risk today is unlike anything we’ve seen before,” said Brent Rieth, Global Cyber Leader for Aon. “Our clients are increasingly using AI both defensively and offensively, to enhance resilience and unlock growth. The key is embedding cyber into board-level strategy, investing in quantification and viewing resilience as a competitive differentiator.”

Despite its top ranking, only 13 percent of respondents say they have quantified their cyber exposure. This gap between awareness and action is contributing to significant underinsurance, exposing businesses to financial and reputational loss. The report emphasizes the need for structured AI risk governance and integrated cyber resilience frameworks to reduce this gap.

Troubling Trend: Workforce Risks Drop from Top Rankings
In 2023, “Failure to Attract and Retain Top Talent” ranked fourth globally on Aon’s survey, highlighting Human Capital as a critical business risk. This year, workforce risks dropped out of the top ten, despite ongoing talent shortages and rising healthcare costs.

“It’s alarming to see workforce risks slip down the rankings when Human Capital challenges remain deeply connected to every aspect of business resilience,” said Lisa Stevens, Chief Administrative Officer for Aon. “When you look at the top ten risks in this year’s survey – cyber threats, supply chain disruptions, geopolitical volatility – they all have a direct impact on the workforce. Treating these risks as isolated issues creates blind spots for organizations.”

Stevens continued, “As AI transforms how and where people work, Human Capital strategies become even more critical. Leaders need to invest in analytics, personalization and skills development to keep their workforce agile and resilient in the face of rapid change and increasing volatility.”

Future Risks Reflect the Growing Influence of Interconnected Megatrends 
Aon’s 2025 survey also provides a forward-looking perspective on the risks business leaders expect to be most critical by 2028. Cyber risk remains the top concern for the future, while AI and climate change join the top ten, reflecting the accelerating impact of technology and extreme weather on global business.

Climate change climbs to number nine on the future risk list, underscoring heightened awareness of its threat to financial and operational stability. With 2024 marking the hottest year on record and global insured catastrophe losses exceeding $145 billion, leaders are increasingly treating climate as a systemic business risk.

Top 10 Future Risks by 2028

  1. Cyber Attack or Data Breach
  2. Economic Slowdown or Slow Recovery
  3. Increasing Competition
  4. Commodity Price Risk or Scarcity of Materials
  5. Geopolitical Volatility
  6. Regulatory or Legislative Changes
  7. Business Interruption
  8. Artificial Intelligence
  9. Climate Change
  10. Cash Flow or Liquidity Risk

“What’s striking about this year’s future risk rankings is how quickly new forces like AI and climate move to the forefront,” said Richard Waterer, Global Risk Consulting Leader for Aon. “These risks don’t just add complexity; they fundamentally change how organizations need to think about resilience. The convergence of technology, geopolitics and environmental pressures means leaders must anticipate how these megatrends interact and build strategies that are flexible enough to adapt to whatever comes next.”

To access the full report and explore how Aon is helping clients navigate today’s disruption dynamic, visit https://www.aon.com/grms.

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

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Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

 

KLN Announces Strategic Executive Appointments to Accelerate Global Transformation

HONG KONG, Oct. 1, 2025 /PRNewswire/ — KLN Logistics Group Limited (“KLN”; Stock Code 0636.HK) announced two strategic appointments to its Global Management Board, reinforcing its commitment to accelerating global expansion and operational excellence.

Wong Siew Loong has been appointed Chief Operating Officer of KLN. He takes on this expanded leadership role less than a year after joining KLN as Chief Commercial Officer in November 2024. As COO, he will oversee KLN’s global business operations, focusing on financial and resource efficiency, and spearheading initiatives that drive the company’s growth, scalability, and strategic transformation.

Prior to joining KLN, Siew Loong served as President of the Asia Pacific region at Kuehne+Nagel, based in Singapore. With over 25 years of international experience in the global transportation and logistics industry, he brings a strong track record of leadership and innovation.

Samuel Lau has been appointed Managing Director – Integrated Logistics. A KLN veteran since 2000, Samuel has played a pivotal role in shaping the company’s logistics operations across Asia. In his new capacity, he will lead KLN’s integrated logistics business globally, leveraging his deep industry expertise to expand the company’s capabilities and reach.

Vic Cheung, Executive Director and CEO of KLN, commented, “These appointments reflect our confidence in Siew Loong and Samuel’s exceptional leadership. With Siew Loong’s extensive international experience and strategic acumen, and Samuel’s deep operational expertise and long-standing commitment to KLN, we are strengthening our leadership team to support our next phase of growth. Their expanded roles will be critical in driving our transformation into a global logistics powerhouse.”

About KLN Logistics Group Limited (Stock Code 0636.HK)

KLN (formerly Kerry Logistics Network Limited) is an Asia-based, global 3PL with a highly diversified business portfolio and extensive coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal) and e-commerce to industrial project logistics and infrastructure investment.

With a global presence across 59 countries and territories, KLN has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

KLN generated a revenue* of close to HK$60 billion in 2024. It is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Corporate Sustainability Benchmark Index.