Insurance
Hong Kong Federation of Insurers leads climate charter amongst industry
33 companies have joined HKFI’s inaugural climate charter.
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.
Prudential expands medical network with UFH in Greater Bay Area
Prudential will directly settle pre-approved medical expenses with UFH upon completion of treatment.
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.
HK insurance firms willing to invest in tech attract candidates in the sector
Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.
HKIA warns of risks in premiums financing, “double-edged sword”
The authority urges insurers to seek professional advice before premium financing.
Sun Life posts growth in Q4’23, Asia’s individual sales driven by Hong Kong market
Regional office expenses and other factors resulted in a net loss of $12m.
bolttech unveils travel insurance through FWD
Cancellations for any reason is covered by the plan.
Prudential HK makes new appointments in management
Liang Huijia and Cai Mingxiong began their terms last December.
HKIA applauds Article 23 consultation for legal enhancement
This initiative hopes to improve the legal regime of the industry in Hong Kong.
Sun Life HK expands healthcare services for cross-border residents
The high demand for this expansion is driven by demographic shifts and government support for medical collaboration between Guangdong and Hong Kong.
HK regulator sets 50% insurance mandate for cryptocurrency exchanges
Thirteen entities are currently in the application process for virtual asset trading licences.
FTLife taps various industry players to expand business network
The move aims to expand the insurer’s reach in the GBA.
AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year
The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.
Sun Life expands private health services to HNW market
High-net-worth clients in Hong Kong, Singapore and Taiwan will have access to US-based PinnacleCare.
HKIA announces new executive director
Two executive directors will be appointed soon to oversee long-term and general business.
Berking Re sits with a stable outlook, pressure from market volatility seen: AM Best
The insurer’s governance and regulatory oversight are expected to adequately protect its capital and assets.
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