Hong Kong

Hong Kong imposes 14-year license ban on ex-Prudential agent

The agent scammed policyholders to transfer RMB2.35m into his bank account.

Hong Kong imposes 14-year license ban on ex-Prudential agent

The agent scammed policyholders to transfer RMB2.35m into his bank account.

FWD boosts AI capabilities via AWS cloud

As of 2023, FWD's cloud migration reaches 97% completion.

Hong Kong ranks 47th in global resilience index

It is amongst the top third of geographies globally.

Generali HK's Human Safety Net aids 50 families

Students and Generali volunteers organised workshops for children.

Hong Kong general insurance GWP to reach $10.9b by 2028

Rising consumer prices can affect the industry’s profitability in the short-term.

Prudential ceases Hong Kong wealth business

It also closed down its wealth management platform in S’pore back in September.

Moody's says FTLife to maintain profitability

The ratings agency expects strong capital reserves, surpassing regulatory minimums.

Sun Life unveils new ESG-focused critical illness plan

The plan covers 188 illnesses and 38 complex surgeries.

HKIA welcomes World Bank’s second Cat bond, worth $150m

It will offer coverage against storm risks in Jamaica.

Hang Seng upgrades annuity plan

Only 22% of professionals felt confident about their retirement funds. 

Pacific Prime and MixCare partner for employee wellness in HK

Pacific Prime's customers will now have access to MixCare's platform.

Hong Kong Life promotes wealth transfer with new plan

It includes features like flexible death settlement options.

Medical insurance tops SME employee benefits: Prudential

Whilst pay was cited as the top factor to remain in their job, the survey also noted the importance of non-financial benefits for SME workers.

Manulife, Standard Chartered expand 2016 ties

Manulife will gain access to the bank’s clientele.

FTLife changes name to Chow Tai Fook Life

The insurer plans to rebrand in the third quarter of the year.

Towngas, FSE Nova commit to expanded insurance cooperation

It plans to invest more resources to offer insurance broker services to Towngas’ customers in HK and the mainland.