Insurance
Super Typhoon Soala to dampen reinsurance renewals in Hong Kong
Super Typhoon Soala to dampen reinsurance renewals in Hong Kong
Effective risk management is expected to minimise insurance losses.
Only one out of 10 Gen Z’s are in good mental shape – Survey
Around 71% reported feeling lonely, and 80% struggled with negative body image issues.
Sun Life Hong Kong gets green light to adopt risk-based capital regulation
Implementation of the new solvency capital basis took effect last 30 June.
Hong Kong imposes six-month ban on Chan Ka Hey for fabrication
To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent.
Hong Kong Insurance Authority reappoints CEO
His reappointment is effective 15 August 2023 to 14 August 2026.
Nine out of 10 HK, GBA policyholders trust their personal data with insurers: Survey
Personalisation, improved claims, and cost savings influenced their trust.
Not enough money? 5 in 10 Hongkongers say they need to work after retirement
Reasons for working after retirement vary per generation.
AIA adds two new non-executive directors, Swee-Lian Teo resigns as chairman
Mari Elka Pangestu, Ong Chong Tee, and Chow Chung-Kong are to take on new roles.
Hong Kong life insurance market to improve in two years: S&P
The life segment is predicted to jump by 20% o 25% in 2023.
Sun Life Hong Kong introduces eSunPro
The platform will be exclusive to Sun Life Hong Kong clients who can avail of assistance for treatments and recovery.
Health planning amongst top financial goals of 3 in 10 Hongkongers
More than half use cash savings to accomplish such goals.
Prudential plc joins Shanghai-Hong Kong Stock Connect programme
Stocks of the insurer will now be included in Southbound trading.
Gross premiums of HK general insurance soar 4.5% in FY2022
The industry earned $64.6b.
AIA Group VONB dips 5% YoY
But, its VONB for 2H2022 rose to 6%.
HK Insurance Authority launches new QDAP selection tool
Users can choose and compare any available QDAP policies using the search tool.
Only 1 in 8 can pay for medical costs associated with serious illness: survey
50% said that they have enough savings and a stable job to pay the medical bills.
How much recurring retirement income can Hongkongers get?
The ideal amount for Hongkongers is $21,287 per month.
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