Insurance
Prudence Foundation champions climate resiliency for youth with climate change initiative
Prudence Foundation champions climate resiliency for youth with climate change initiative
The new collaborative program aims to educate children on climate change and resilience, marking a significant step in community-focused environmental...
Prudential Hong Kong is ‘core’ subsidiary in next 2 years – S&P Global Ratings
The Hong Kong subsidiary is seen to contribute 15% to 20% CAGR to the parent company.
Zurich HK partners with Hutchison Telecommunications for travel insurance
The partnership aims to provide customers with a one-stop digital service experience.
HKECIC, Dun & Bradstreet partner to launch Export Credit Risk Index
The index covers five key markets – Canada, China, Germany, the UK, and the US.
HK residents hesitant in long-term financial planning – Prudential
Despite setting savings targets, individuals face challenges in achieving financial freedom, as 52% of their income goes towards daily expenses.
AIA Hong Kong debuts high-return multi-currency plan
Key features include an expected Total IRR exceeding 7%.
FWD HK sees Q3’23 new business climb 25% YoY
It attributed its performance to their focus on the local market, coupled with proactive efforts to meet the demands of the Greater Bay Area.
Hong Kong’s top 50 insurers experience 7.7% YoY premium contraction in 2022
Analysts said the market’s complex financial environment and shrinking population curtailed industry growth. Cross-border expansion could alleviate...
Hong Kong virtual insurers need to be ‘extra user-friendly’ – Consumer Council
The council urged the industry to enhance website functions and improve the disclosure of privacy policies to enhance consumer confidence in virtual...
Hong Kong digital insurer secures partnership, enters UAE market
This partnership aims to bolster support for web3 entities, including banks, custodians, and asset managers across the Middle East.
Medical and health insurance ownership low amongst Gen Zs: Ipsos report
Only 17% of Gen Zs have critical illness insurance.
Two extreme typhoons push claims incurred to HK$1.9b – HKIA
Property damage and motor businesses were the two most affected lines of business.
65% expect surge in insurance M&A in HK and S’pore for 2024: Survey
Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.
HKIA seeks public input on subsidiary legislation for risk-based capital regime
This consultation comes after the implementation of the Risk-based Capital (RBC) regime.
HK’s total gross premiums dip 1% in the first nine months
Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.
WTW taps new executive director of large accounts practice HK, Macau
Ellen Fung will focus on elevating the Hong Kong market across various lines of WTW business.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
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