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MANILA, Philippines, Jan. 28, 2026 /PRNewswire/ -- QBE Automotive Protection, an international business insurer, has initiated a significant collaboration in the Philippines, working with Malayan Insurance, through its local partner Paramount Life & General Insurance Corporation (Paramount) to enhance coverage for Rizal Commercial Banking Corporation (RCBC) Auto Loan Plus customers.
This partnership integrates QBE's Extended Warranty directly into Malayan's comprehensive motor insurance. This solution extends vehicle protection to a maximum of five years or 150,000 km, providing up to two additional years of coverage beyond the typical manufacturer's three-year warranty.
While traditional motor insurance handles accidents and theft, the Extended Warranty is designed to safeguard the vehicle's vital internal components. This offering bridges a critical gap by giving vehicle owners peace of mind against unexpected mechanical and electrical failures of major components (engine, transmission, air conditioning) after the original warranty ends.
RCBC Auto Loan Plus customers can now secure this essential protection with a minimal monthly top-up, enjoying high-quality repairs with genuine parts at authorised service centres.
This makes RCBC the first bank in the Philippines to offer an automotive protection product that is amortized throughout the loan term, setting a new industry standard.
"We are thrilled to offer our Extended Warranty solution and collaborate with these leading institutions," stated Albert Chow, General Manager Automotive Protection, Asia.
"Integrating this seamlessly embedded protection directly into RCBC Auto Loan Plus can help customers enjoy a truly stress-free, protected car ownership experience from day one."
ABOUT QBE
QBE helps businesses build resilience through risk management and insurance.
QBE European Operations is part of QBE Insurance Group, one of the world's leading international insurers and reinsurers and Standard & Poor's AA- rated. Listed on the Australian Securities Exchange, QBE's gross written premium for the year ended 31 December 2024 was US$22.4 billion. As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large customer base.
MANILA, Philippines, Jan. 28, 2026 /PRNewswire/ -- QBE Automotive Protection, an international business insurer, has initiated a significant collaboration in the Philippines, working with Malayan Insurance, through its local partner Paramount Life & General Insurance Corporation (Paramount) to enhance coverage for Rizal Commercial Banking Corporation (RCBC) Auto Loan Plus customers.
This partnership integrates QBE's Extended Warranty directly into Malayan's comprehensive motor insurance. This solution extends vehicle protection to a maximum of five years or 150,000 km, providing up to two additional years of coverage beyond the typical manufacturer's three-year warranty.
While traditional motor insurance handles accidents and theft, the Extended Warranty is designed to safeguard the vehicle's vital internal components. This offering bridges a critical gap by giving vehicle owners peace of mind against unexpected mechanical and electrical failures of major components (engine, transmission, air conditioning) after the original warranty ends.
RCBC Auto Loan Plus customers can now secure this essential protection with a minimal monthly top-up, enjoying high-quality repairs with genuine parts at authorised service centres.
This makes RCBC the first bank in the Philippines to offer an automotive protection product that is amortized throughout the loan term, setting a new industry standard.
"We are thrilled to offer our Extended Warranty solution and collaborate with these leading institutions," stated Albert Chow, General Manager Automotive Protection, Asia.
"Integrating this seamlessly embedded protection directly into RCBC Auto Loan Plus can help customers enjoy a truly stress-free, protected car ownership experience from day one."
ABOUT QBE
QBE helps businesses build resilience through risk management and insurance.
QBE European Operations is part of QBE Insurance Group, one of the world's leading international insurers and reinsurers and Standard & Poor's AA- rated. Listed on the Australian Securities Exchange, QBE's gross written premium for the year ended 31 December 2024 was US$22.4 billion. As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large customer base.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
QBE Automotive Protection and Paramount Life & General Insurance collaborate with Malayan Insurance to bring Extended Warranty protection to RCBC Auto Loan Plus customers
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NYSE issues a pre-market daily advisory direct from the trading floor.
NEW YORK, April 23, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
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Advertising Hall of Fame Event to kick off in NYC jwplayer('myplayer1').setup({file: 'https://mma.prnasia.com/media2/2964328/NYSE_April_23_Market_Update.mp4', image: 'https://mma.prnasia.com/media2/2964328/NYSE_April_23_Market_Update.mp4?p=medium', autostart:'false', stretching : 'uniform', width: '512', height: '288'});
Ashley Mastronardi delivers the pre-market update on April 23rd
- Equities are down Thursday morning after the S&P 500's record close following an extension of the ceasefire in the Middle East and fresh earnings data.
- Tesla, one of the biggest holdings on the Global X NYSE 100 ETF, beat analyst estimates on the bottom line in its Q1 earnings Wednesday afternoon.
- Brandon Horne, SVP of Commercial Partnerships for Greenlight, will join NYSE Live to preview today's "Ring the Bell for Financial Literacy" event at the NYSE.
- The NYSE will be on site at the 75th annual Advertising Hall of Fame event at Cipriani Wall Street.
Opening Bell
L3Harris (NYSE: LHX) celebrates a landmark $1B investment from the Department of War
Closing Bell
Neuberger Berman celebrates its active ETF Platform anniversary
For market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com
NYSE issues a pre-market daily advisory direct from the trading floor.
NEW YORK, April 23, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
Advertising Hall of Fame Event to kick off in NYC jwplayer('myplayer1').setup({file: 'https://mma.prnasia.com/media2/2964328/NYSE_April_23_Market_Update.mp4', image: 'https://mma.prnasia.com/media2/2964328/NYSE_April_23_Market_Update.mp4?p=medium', autostart:'false', stretching : 'uniform', width: '512', height: '288'});
Ashley Mastronardi delivers the pre-market update on April 23rd
- Equities are down Thursday morning after the S&P 500's record close following an extension of the ceasefire in the Middle East and fresh earnings data.
- Tesla, one of the biggest holdings on the Global X NYSE 100 ETF, beat analyst estimates on the bottom line in its Q1 earnings Wednesday afternoon.
- Brandon Horne, SVP of Commercial Partnerships for Greenlight, will join NYSE Live to preview today's "Ring the Bell for Financial Literacy" event at the NYSE.
- The NYSE will be on site at the 75th annual Advertising Hall of Fame event at Cipriani Wall Street.
Opening Bell
L3Harris (NYSE: LHX) celebrates a landmark $1B investment from the Department of War
Closing Bell
Neuberger Berman celebrates its active ETF Platform anniversary
For market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
NYSE Content Update: NYSE to Host 'Ring the Bell for Financial Literacy'
