Insurance

Bupa's $180m in cancer claims leads to new service

Cancer accounts for one in 10 health insurance claims.

Bupa's $180m in cancer claims leads to new service

Cancer accounts for one in 10 health insurance claims.

Hong Kong begins risk-based capital regime for insurers

This follows the enactment of the Insurance (Amendment) Ordinance 2023.

HKIA finds firms adhere to new premium financing rule

However, the inspection also identified several areas needing improvement.

Prudential unveils $2b share buyback plan

It expects its 2024 annual dividend to grow in the range of 7% to 9%.

Prudential Hong Kong opens multipurpose space

It also expanded its academy to this 53,600 sqft office.

Prudential taps new Chief of Corporate Affairs

She has more than three decades of experience.

FWD’s new wealth plan targets rising living costs for HK retirees

It guarantees an 8-year maturity return of up to 4.0% per annum.

Rising healthcare fees hinder financial stability amongst HK residents

The survey revealed 19% of people would pay for cheaper plans and fewer benefits.

FWD Group revives Hong Kong IPO plans: Report

The insurer could aim for a valuation of up to $9b in an IPO.

Hong Kong's EV insurance market to grow 30% by 2026

Rising EV popularity will drive demand growth for insurance.

Life insurance reaches new high in Hong Kong

This marked a 57% year-on-year in annualised new premiums.

HK warns against fake free insurance ads

The circulating ad even featured a government Dep’t logo.

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

Hong Kong Investors wary of insurer growth divergence

IFRS 17 tends to undervalue savings contracts, Jefferies noted.

Prudential Hong Kong forms alliance with 7 local hospitals

This partnership aims to build a healthcare ecosystem in Hong Kong.

AIA's new headquarters to house 1,800 employees

The campus also has an indoor running track.

Manulife, Mind HK launch anti-stigma campaign

The two-year partnership will begin with four programmes to launch in 2024.