Hong Kong Insurance
Hong Kong’s insurance premiums climb 5.1% YoY in H1 2024
Both long-term and general business recorded YoY growths.
Hong Kong’s insurance premiums climb 5.1% YoY in H1 2024
Both long-term and general business recorded YoY growths.
HK insurers’ Q1 premiums mounts $22b in premiums
On a year-on-year basis, it climbed 12.2%.
AM Best projects “modest profitability” for Tugu Insurance
The company’s financial performance was mixed in 2023.
Hong Kong Federation of Insurers leads climate charter amongst industry
33 companies have joined HKFI’s inaugural climate charter.
HSBC Life Hong Kong issues most expensive life insurance policy
The Hong Kong insurer has issued policies worth at least US$50m over the past year.
HKIA’s annual report shows push for global centre status
The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.
Hong Kong rolls out roadmap to boost insurance sector
The roadmap seeks to enlarge insurance firms’ access to other markets amongst others.
Here are five bad habits in insurance according to HK’s insurance regulator
These habits drag down Hong Kongers insurance literacy rate.
China Taiping sees 77% profit growth to $5.11b in H1
Total premiums written and policy fees over the period stood at $157b.
Over 26% insurance customers switch to online platform
More customers took out their policies in traditional policies in 2020.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption