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World Population Day: Swiss Re Life & Health CEO says the next decade will re-write the intergenerational contract

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By Paul Murray, CEO Life & Health Reinsurance, Swiss Re

SINGAPORE – Media OutReach Newswire – 9 July 2026 – Op-ed by Paul Murray, CEO Life & Health Reinsurance, Swiss Re.

Ten years.

That is roughly how long we have before many societies reach one of the most defining demographic tipping points of our era: the point at which the “new” silver economy (over 65’s) outnumber people aged 30-59 who have traditionally been the bedrock of the life and pensions system.

The intergenerational contract needs a re-write

The significance of this shift goes far beyond demographics.

It represents a symbolic moment that forces us to rethink the intergenerational contract: how we provide care and financial security for people as they move into later life – and how we finance a new set of needs.

The demographic evidence is already visible across major economies. In the US, adults aged 65 and over already outnumber children in 11 states. Singapore’s over-65 population has nearly doubled in a decade to 21%. Japan is approaching 30%. The UK, France and Germany are not far behind

These numbers are well-known. But their meaning is not yet fully reflected in our industry’s existing product strategy.

The tipping point is also more than a statistical curiosity. We will experience it through the decisions we make coming into retirement and to secure the future of the generation coming after us. We will need to make new choices on how we fund care. We will need to make new assumptions about when to retire. And we will face a new reality around how much of the financial burden falls on the state, families or the individual.

Families have always carried the weight of old age, even as pensions, healthcare systems and social care programmes have broadened that responsibility across society.

But the arithmetic underpinning the system is breaking. Globally, the ratio of working-age people financially supporting each person over 65 is projected to fall from around five-to-one in 2021 to three-to-one by 2050. Across developed markets, debates about pension reform, healthcare funding and retirement ages reflect the same underlying question: how do we maintain security and dignity later in life when there are fewer hands to carry the weight?

It’s not a crisis of demographics. It’s a crisis of design – our systems were built for shorter lives and larger workforces, and they haven’t been rebuilt for the world we are actually entering.

That insight matters because it challenges how we think about insurance’s role. I believe we have less than a decade to develop the products that the older consumers who make up the Silver Economy – and their families – will need.

There will be no silver bullet. We cannot return to a single solution based around family care versus public provision. The individual retiree will be the focus, but our thinking will need to be based on a more collaborative model in which families, governments, communities and the private sector work together.

Recent Swiss Re consumer research in France and Germany revealed something striking. People don’t think about later life in terms of pensions or insurance policies. They think about practical outcomes: staying independent, being resilient when health shocks hit, not becoming a burden to their children.

Our industry has spent decades optimising for wealth accumulation and income protection during working years. Ageing societies demand we apply the same rigour to what happens after.

That does not mean the intergenerational contract has failed. It means it is evolving.

We are already seeing what that evolution looks like in practice.

  • Senior health products in Asia are closing a real gap —The median age of cancer diagnosis is 67, yet many critical illness policies expire before retirement even begins. The result is high out-of-pocket expenses, stressed public healthcare, and increased burden on families. With dedicated products to cover later life illnesses, such as senior cancer products we are effectively closing a protection gap.
  • Long term care in France has had some success with private solutions alongside public provision. With over 1.4 million people covered by private long term care insurance, France has built a strong risk pool that directly addresses one of the strongest concerns expressed by consumers: not becoming a burden on the next generation.
  • Deferred annuities offer a third path beyond the binary “draw-down versus annuity” thinking. By combining flexibility today with guaranteed income later, they help transform longevity from an individual financial risk into one that can be shared more broadly.

At first glance these solutions appear very different. In reality, they are pieces of the same puzzle. Each expands the circle of support around the individual. They help families carry less of the burden alone, and they complement the work of state safety nets.

That is what the next evolution of the intergenerational contract looks like in practice.

Ageing societies are one of humanity’s great achievements. But if our products and institutions stay built for a demographic reality that no longer exists, achievement curdles into liability.

We have a decade to close that gap. Let’s treat it as a product-development window, not a deadline.

Disclaimer
Certain statements and illustrations contained herein are forward-looking and are made for informational purposes only. These statements (including as to plans, objectives, targets, and trends) and illustrations provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical fact or current fact. Readers are cautioned not to place undue reliance on forward-looking statements. Swiss Re undertakes no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. Further information on forward looking statements and the use of information contained in this publication can be found in the Legal Notice section on Swiss Re’s website.

Hashtag: #SwissRe #lifeinsurance #reinsurance


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

About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally.

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‘Aquatainment Island’ and Shopping Inspirations Boost Summer Vibes at Galaxy Macau

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A vibrant new collection of aqua attractions at Grand Resort Deck transforms Galaxy Macau into the city’s largest children’s water wonderland, while Galaxy Promenade adds extra summer excitement with enticing retail redemptions

MACAU SAR – Media OutReach Newswire – 9 July 2026 – Galaxy Macau sets the stage for an unforgettable summer as the ultimate leisure destination with the debut of “Aquatainment Island,” a vibrant new children’s zone at its award-winning Grand Resort Deck. Spanning nearly 3,000 square metres, this colourful outdoor oasis features three imaginative themed areas for toddlers to nine-year-olds. Together with Splash Cove and the popular Galaxy Kidz Edutainment Center, it marks a new chapter in family entertainment, while expanding Galaxy Macau into the city’s largest aquatic wonderland for children.

Equally refreshing, Galaxy Promenade at Galaxy Macau offers a stylish retreat from the summer heat with curated seasonal experiences. Transformed into a whimsical indoor garden, the luxury shopping destination delights guests with exclusive rewards, including cooling floral-infused beverages, charming plush bouquets, and luxury branded activities, adding a touch of elegance and indulgence to every summer visit. An exclusive “Glitz & Glam Dynamic Videos” experience located at Jade Lobby is available to guests meeting designated spending thresholds.

This season also sees the well-received Wave Pool Party returning to Grand Resort Deck in August, featuring popular regional stars and vibrant entertainment. To enjoy the most of Galaxy Macau’s world-class experiences, sign-up for the luxury resort’s WeChat membership to be on the forefront of captivating offers.

Play & Learn in a World that Blends Edutainment and Aquatainment

Able to welcome up to 230 guests at a time, the new Aquatainment Island combines a series of fun elements, while elevating the excitement in education. Young minds are invited to discover the wonders of water at Wavey’s Project Aqua, where the science of H₂O comes to life through more than 20 hands-on, interactive experiences. Inspired by Galaxy Macau’s iconic architecture and Wavey the Peacock, the exhibits are designed to strengthen curiosity, critical thinking, and problem-solving skills. Children step into the role of junior engineers, exploring water flow, mechanics, and energy conversion in a fun, immersive setting. This engaging environment encourages experiential learning while building foundational Science, Technology, Engineering, the Arts, and Mathematics (S.T.E.A.M.) knowledge.

At Wavey's Project Aqua, young explorers dive into the wonders of water through interactive, hands-on exhibits inspired by Galaxy Macau's iconic design—where curiosity flows seamlessly into discovery, creativity, and outdoor S.T.E.A.M. adventures at the vibrant WonderFun Pavilion.
At Wavey’s Project Aqua, young explorers dive into the wonders of water through interactive, hands-on exhibits inspired by Galaxy Macau’s iconic design—where curiosity flows seamlessly into discovery, creativity, and outdoor S.T.E.A.M. adventures at the vibrant WonderFun Pavilion.

The journey seamlessly continues at the adjacent WonderFun Pavilion, where young innovators can apply their ideas, test new concepts, and further expand their creativity. Wavey brings young guests to enjoy further hands-on experiments, nature exploration, and live performances. With a rotating line-up of workshops across seven daily sessions, each visit offers fresh opportunities to learn, discover, and grow through engaging, interactive play in an open-air setting.

Wavey the surfer spreads its wings to welcome young adventurers into Wavey's Splash Command, where The Water Castle takes centre stage with exhilarating slides, playful water features, and endless splashing fun for unforgettable family moments.
Wavey the surfer spreads its wings to welcome young adventurers into Wavey’s Splash Command, where The Water Castle takes centre stage with exhilarating slides, playful water features, and endless splashing fun for unforgettable family moments.

Entertainment is as importantly as education in the new aqua zone at Grand Resort Deck, therefore a surfing Wavey welcomes young guests into a vibrant water wonderland designed for exhilarating family fun-Wavey’s Splash Command. At its heart, The Water Castle features four exciting slides and a signature tipping bucket, surrounded by over 20 dynamic aquatic elements, from geysers and soakers to interactive water cannons and cascading curtains. Ranging from 8.3 to 11.3 metres, the slides send junior thrill-seekers swooping down from 1.5 metres’ height, delivering splashing excitement, laughter, and unforgettable shared moments.

Shop to Take Home Fantastic Plush Bouquets

Galaxy Promenade presents a captivating seasonal transformation, inviting discerning guests into a dreamlike garden where artistry and imagination intertwine. Delicately arranged, fairy-like plush blooms bring a sense of whimsy and elegance, while a striking floral hot-air balloon appears to float effortlessly from the transparent ceiling—creating a poetic vision of blossoms suspended in mid-air. Bathed in natural light and framed by refined architectural design, the space offers a serene yet inspiring backdrop for an elevated shopping experience.

Shop, indulge, and be rewarded at Galaxy Promenade at Galaxy Macau—redeem elegant plush floral bouquets and curated summer beverages with same-day spending, and take memorable images with charming ambassadors holding oversized balloon flowers - elevate your shopping experience with exclusive seasonal gifts.
Shop, indulge, and be rewarded at Galaxy Promenade at Galaxy Macau—redeem elegant plush floral bouquets and curated summer beverages with same-day spending, and take memorable images with charming ambassadors holding oversized balloon flowers – elevate your shopping experience with exclusive seasonal gifts.

From now until August 31, guests are invited to indulge in exclusive redemption of exquisitely crafted plush floral bouquet when meeting designated spending at Galaxy Promenade. Enhancing the season’s offerings, a curated selection of summer refreshments—both coffee and tea creations—is thoughtfully co-presented by Galaxy Macau and Momokawa, available within the Floral Art & Coffee Boutique at the Italian shopping district.

Throughout the summer, charming ambassadors will be roaming Galaxy Promenade with oversized balloon flowers in hand, adding a touch of delight to the shopping experience. Guests are invited to stop by and capture memorable photo moments with them.

With a maximum of two same-day shopping receipt from Galaxy Promenade, guests who spend over MOP20,000 may choose between a bouquet of four plush flowers or a signature summer beverage. Those spending over MOP30,000 can enjoy either six plush flowers or two refreshing drinks. For guests with over MOP60,000 in spending, an indulgent reward awaits: eight plush flowers accompanied by two specially crafted summer beverages—an elegant pairing of keepsakes and seasonal indulgence.

Step into the spotlight at the exclusive
Step into the spotlight at the exclusive “Glitz & Glam Dynamic Videos” installation at Jade Lobby, where a state-of-the-art robotic camera captures cinematic, dynamic moments in motion—transforming playful creativity and self-expression into stylish, shareable memories.

To sprinkle energetically high-tech fun to the experience, eligible guests are invited to step into the spotlight at the exclusive “Glitz & Glam Dynamic Videos” installation located at Jade Lobby. Here, a state-of-the-art high-speed robotic camera captures dynamic, cinematic footage as it glides seamlessly before each guest. This immersive encounter encourages playful creativity and self-expression, transforming every moment into a stylish, shareable memory. All guests spending MOP3,000 across Galaxy Macau are automatically eligible for the experience.

To uplift the elegant vibes, guests are invited to embark on an elevated journey of artistry, craftsmanship and discovery at Galaxy Promenade. From now until August 31, savour The Ritz-Carlton, Macau’s exclusive “L’Art du Goût” Afternoon Tea, created in collaboration with Delvaux, where refined gastronomy meets Belgian heritage and exceptional savoir-faire. After the afternoon tea indulgence, guests are invited to create unique gold-plated artwork at the Delvaux boutique at Galaxy Promenade.

The artistic experience is further enriched by Vacheron Constantin’s “Explore All Ways Possible” Exhibition at Pearl Lobby, presented from now until July 19, an inspiring celebration of watchmaking excellence, cultural exploration and creative innovation through immersive and interactive encounters. Subsequently, from July 22 until August 23, the IWC Schaffhausen “Next Space Age Exhibition” will make an exclusive appearance at Pearl Lobby. Blending heritage with innovation, the showcase offers a captivating exploration of the brand’s unique vision of time, precision engineering and enduring craftsmanship. Galaxy Atelier continues to collaborate with the world’s most prestigious watch and jewellery maisons, curating exclusive experiences at Galaxy Promenade that showcase the finest in craftsmanship, timeless sophistication and luxury living.

Energy Persists at East Square

At East Square, Galaxy Macau continues to energise the summer season with the immersive “Coca-Cola” Football Fever Playground—an interactive experience where sport meets innovation. Guests are invited to showcase their football prowess through cutting-edge, high-tech gameplay, elevated by the spectacle of football-shaped drones soaring above, amplifying the excitement and competitive spirit.

Further extending the vibrant sporting atmosphere, East Square will soon host an engaging “Volleyball Experience” from July 22 to 26 in celebration of the Women’s Volleyball Nations League – Finals Macao 2026 Presented by Galaxy Entertainment Group, jointly organized by GEG in collaboration with the Sports Bureau of the Macao SAR Government and the Volleyball Association of Macao, China. Guests will be able to revisit the history of the sport at a dedicated exhibition, while enjoying interactive games to immerse themselves in the atmosphere of a world-class sporting event. Athletes will also appear at the autograph session on July 24 for up-close experiences with fans.

Among the highlights is the exhilarating “Racing Legend: F4 Simulators” – arriving at East Square near the end of July – where guests can step into the driver’s seat of a Formula 4 race car. Set against an iconic circuit in the world, this sophisticated digital simulation delivers a thrilling and immersive racing encounter. Combining speed, precision, and realism, the experience offers both motorsport enthusiasts and casual participants an opportunity to engage with legendary racing heritage in a contemporary, interactive format.

For more information, please visit www.galaxymacau.com.

Hashtag: #GalaxyMacau

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

About Galaxy Macau Integrated Resort

Galaxy Macau, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Nine award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau and Capella at Galaxy Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theatres are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit , and .

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AIA Announces Winners of The AIA Healthiest Schools Competition

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BANGKOK, THAILAND – Media OutReach Newswire – 9 July 2026 – AIA Group Limited (“AIA” or the “Group”) is proud to unveil the winners of the fourth annual AIA Healthiest Schools Competition, a flagship initiative of the AIA Healthiest Schools programme (“AHS”) which empowers students aged five to 16 to turn healthy living into everyday action.

Group Photo AIA Healthiest School

Since its launch in 2022, AHS has continued to scale its impact across the region, expanding to 10 Asia-Pacific markets. The programme supports schools and communities in embedding health and wellbeing into the lives of young people, across four pillars: Healthy Eating, Active Lifestyles, Mental Wellbeing and Health & Sustainability.

The 2025/26 competition attracted a record number of entries, reflecting the growing momentum of the programme and the increasing commitment of educators and young people to drive wellbeing initiatives in their communities.

Entries demonstrated how schools are generating breakthrough ideas and turning healthy habits into daily routines that influence behaviour across classrooms, families and communities, with many showing sustained impact over time.

Stuart A. Spencer, AIA Group Chief Marketing Officer and Head of the AHS Competition Judging Panel, said, “The AIA Healthiest Schools Competition is one of the leading programmes of its kind in Asia and is helping young people take ownership of their health by turning knowledge into action.

Across the region, we are seeing rising levels of inactivity, poorer nutrition, and increasing mental health pressures among young people and the evidence shows that early intervention can make a lasting difference. Through this programme, students are developing healthier habits and essential life skills such as creativity, problem-solving, and teamwork.

This programme goes far beyond awareness – it is driving lasting behaviour change and is a powerful manifestation of our Purpose of helping people live Healthier, Longer, Better Lives.

Congratulations to our Regional Winner, SMP IL Kapten Fatubaa from Indonesia and the pillar winners. Your shining examples will inspire countless others across the region, shaping a healthier future for young people all over Asia.”

The winners were honoured at a regional awards ceremony in Bangkok, Thailand, where a total prize pool of US$100,000 was awarded to support schools’ ongoing health and wellbeing initiatives.

Regional Winner – SMP IL Kapten Fatubaa, Indonesia

In a remote border village where students cross rivers and rugged terrain to reach school, SMP IL Kapten Fatubaa transformed a local waste challenge into a powerful learning opportunity. Through its “Huka Upcycling Project,” students convert banana peel waste into ice cream, compost, and liquid fertiliser – combining science education with entrepreneurship and community impact. The initiative has benefited over 1,000 people, strengthening environmental literacy, supporting local farmers, and fostering cross-border collaboration.

Category Winners

Health & Sustainability Award – Angchum Secondary School, Cambodia

Student-led campaigns and community partnerships promoted plastic reduction, hygiene, and environmental care. The initiative strengthened sustainable habits and improved health practices across both the school and surrounding community.

Mental Wellbeing Award – Chongqing Nan’an District Shanhu Puhui Experimental Primary School, China

The “Emotion Eco-Park” helps students develop emotional awareness and resolve conflicts through structured activities and dedicated learning areas. The initiative has reduced conflicts and created a more positive school environment.

Active Lifestyles Award – Sekolah Kebangsaan Manir, Malaysia

The “Sihat Aktif Manirian” programme uses digital tracking and goal-setting to encourage healthier daily habits. It has improved hydration, fitness awareness, and student ownership of wellbeing.

Healthy Eating Award – Chu Van An Primary School, Vietnam

The “Happy Meal” project promotes healthy eating through nutrition education, organic gardening, and hands-on cooking. It significantly improved student diets and increased the proportion of students at a healthy weight, while rebuilding trust in school meals.

Looking Ahead

The 2026/27 AHS will continue to build on this strong momentum, expanding its reach to include Myanmar and New Zealand, alongside its existing markets of Australia, Cambodia, Hong Kong SAR(1), Indonesia, Mainland China, Malaysia, the Philippines, Sri Lanka, Thailand, and Vietnam.

By broadening its footprint, AIA aims to extend the programme’s positive impact to even more students and communities across Asia-Pacific, further advancing its Purpose of helping people live Healthier, Longer, Better Lives.

To learn more about the programme, visit ahs.aia.com.

Notes:
(1) Hong Kong SAR refers to the Hong Kong Special Administrative Region.
(2) Macau SAR refers to the Macau Special Administrative Region.

Hashtag: #AIA

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

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$345 billion as of 31 December 2025.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 44 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.

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IVECO and PETRONAS Lubricants International Renew Long-Standing Partnership to Advance Commercial Vehicle Innovation

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  • Exclusive Co-Development: The partnership covers the exclusive supply and co-engineering of the IVECO URANIA and IVECO TUTELA ranges – the only fluids officially recommended by IVECO
  • Network Support: PLI will strengthen support for IVECO’s European dealer network, driving customer value, reliability, and total cost-of-ownership (TCO) optimisation

TURIN, ITALY – Media OutReach Newswire – 9 July 2026 – IVECO, one of Europe’s leading commercial vehicle manufacturers, and PETRONAS Lubricants International (PLI) have officially renewed their long-standing strategic partnership for an additional five years. The agreement extends the partnership through 2032, reinforcing a collaboration that has driven innovation, performance, and sustainability in the commercial transport sector for more than 50 years.

PETRONAS Lubricants International and IVECO renew their strategic partnership through 2032, marking over 50 years of collaboration

The renewal ensures the continued supply and joint engineering of a comprehensive range of lubricants designed for commercial vehicles. From advanced engine oils to transmission fluids, brake fluids and coolants, PLI and IVECO will continue to formulate solutions specifically engineered to meet the demanding operational requirements of IVECO’s commercial vehicle portfolio across Europe.

A Legacy of Technical Excellence

This milestone reflects the sustained success of the co-branded IVECO URANIA engine oils and IVECO TUTELA technical fluids, developed through decades of joint R&D and a shared commitment to delivering high-performance, energy-efficient solutions that maximise vehicle uptime and extend component life. The ranges are also the only fluids recommended by IVECO.

The partnership’s rapid pace of innovation was recently highlighted by the launch of Urania Next 0W-16. This breakthrough –the first SAE 0W-16 engine oil developed specifically for heavy-duty applications – delivers exceptional fuel efficiency, reduced CO emissions, and extended oil drain intervals. Furthermore, the formulation is Euro 7 ready, supporting improved efficiency and emissions performance for IVECO’s latest generation of engines.

Domenico Nucera, Chief Quality & Operations Officer, Iveco Group, commented, “The renewal of the agreement with PETRONAS Lubricants International confirms the strength of a long-standing collaboration built on shared technical expertise and a common ambition to continuously improve performance, efficiency, and sustainability across our vehicle and powertrain portfolio. Through the co-engineering of our IVECO URANIA and IVECO TUTELA ranges, we are able to deliver solutions that maximise vehicle uptime, optimise total cost of ownership, and support our customers and dealer network with the highest standards of quality and reliability.”

Driving Dealer and Customer Value

The renewed agreement also places a strategic focus on the IVECO dealer network. Beyond providing cutting-edge products, PLI will implement targeted initiatives aimed at strengthening dealer engagement and reinforcing customer awareness of IVECO’s officially approved lubricants. These initiatives are expected to support dealer business growth across European markets, while helping customers benefit from enhanced vehicle reliability and optimised total cost-of-ownership.

Domenico Ciaglia, Group Chief Strategy & Transformation Officer of PETRONAS Lubricants International (PLI), said: “This partnership renewal demonstrates what can be achieved through a long-term forward-thinking collaboration, with consistency, and a shared commitment to excellence. Through continuous product innovation, we have been able to co-develop market-leading solutions such as the Urania Next 0W-16 engine oil formulation, seamlessly integrated into IVECO’s ecosystem. This collaboration enables us to deliver greater value to the industry by combining our expertise and driving innovation together.

Looking ahead, PETRONAS Lubricants International remains fully committed to supporting the IVECO Group with forward integrated reliable, high-performance products and solutions that create lasting value for its network and customers.

This renewed collaboration further reinforces the foundation of PLI’s broader strategic roadmap, demonstrating how technical excellence and trusted partnerships can drive sustainable, long-term value internationally.”
Hashtag: #PETRONASLubricantsInternational #PLI #IVECO #industrial #lubricants #technology

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

PETRONAS Lubricants International (PLI)

PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, Malaysia’s dynamic global energy group. Established in 2008, PLI manufactures and markets a full range of high-quality automotive and industrial lubricant products in over 100 markets internationally. Headquartered in Kuala Lumpur, PLI also has offices around the world including Turin, Belo Horizonte, Beijing, and Chicago. PLI is the technical resource behind PETRONAS’ partnership with the Mercedes-AMG PETRONAS Formula One Team, responsible for the design, development and delivery of the Fluid Technology Solutions™, which includes customised lubricants, fuels and transmission fluids to power the Silver Arrows.

We are a progressive energy and solutions partner, enriching lives for a sustainable future. Our commitment remains to conduct and grow our business in ways that contribute positively to society and the environment.

PLI is driving an aggressive business growth agenda as one of the leading global lubricants companies at the forefront of the industry, providing custom-made solutions for every need. For more information, please visit .

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