Insurance
2024 Policy Address: HK strengthens role as global risk management hub
The Insurance Authority will initiate a review next year.
2024 Policy Address: HK strengthens role as global risk management hub
The Insurance Authority will initiate a review next year.
2024 Policy Address: Hong Kong aims to boost marine insurance offerings
HKIA is also pursuing opportunities with the China Export & Credit Insurance Corp.
New CTF Life plan enhances inheritance, wealth control
It offers the option to adjust their policy components for improved projected returns.
CUHKMC, FWD, and Pfizer partner for migraine awareness in HK
12.5% of Hong Kong's population suffers from migraines.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
HDI Global names new Hong Kong branch CEO, Director
The new CEO’s role is effective 1 November.
What will drive Hong Kong’s insurance market to reach $127b in 2032?
Chronic diseases and ageing population are driving the demand for life insurance.
Consumer council urges improved insurance amidst increasing cross-border travel
It recommended additional commercial insurance as compulsory alone may be insufficient.
AIA offers welcoming, campus-inspired workplace
The insurance group’s headquarters in Hong Kong has an indoor track, gym and sports hall.
HK plans streamlined process for overseas insurers amidst stellar performance
Chairman Yiu attributed the industry’s standing to the RBC regime.
Hong Kong’s insurance premiums climb 5.1% YoY in H1 2024
Both long-term and general business recorded YoY growths.
Prudential’s H1 2024 IFRS profit declines YoY
It dwindled 80.8% to $182m.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
Hong Kong insurance complaints drop 10.6% in 2023
H1 2024 also recorded an 11.9% reduction in complaints.
Insurers warn of risks amidst EV and autonomous vehicle growth
Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
Nearly half of Hong Kong workers report mental strain, desire to leave
41% are planning to work from home to avoid workplace interactions.
HKMCI introduces flexible rental options for homeowners
This aims to help homeowners with their needs.