Hong Kong

Hong Kong court orders wind up of Target Insurance

The insurer was deemed insolvent by the insurance regulator.

Hong Kong court orders wind up of Target Insurance

The insurer was deemed insolvent by the insurance regulator.

Virtual insurer Bowtie cuts down product prices by half

This is done by cutting out insurance agents from the onboarding process.

Chicago-based crypto insurer to launch in Hong Kong and Australia

It previously announced its capabilities to write policies in Canada and the UK.

AXA, HSBC launches domestic helper insurance in Hong Kong

It insures both domestic helpers and their employers.

FWD reports $200m before tax operating profit in H1

Its value of new business increased by 25% for the first half of 2022.

Manulife appoints new chief customer officer for Hong Kong and Macau

The new chief has over 25 years of experience in the financial industry.

Hong Kong extends temporary facilitive measures until 2023

The extension was supposed to end by 9 September 2022.

FWD delays IPO until 2023

The string of delays was caused by unstable market conditions.

Hong Kong life insurance industry revenues dip by 3.3%

New business premiums from Mainland China visitors surged by 150%.

Chubb taps Sun Life Singapore ex-CEO as Hong Kong president

She is tasked with the integration of Cigna’s assets into Chubb Hong Kong.

Married people have the most insurance literacy rate in Hong Kong; survey

They are followed by mature working adults, with the youth as the least literate.

Hong Kong consumers are ‘moderately literate’ in insurance: study

But behavioural biases dragged the city's literacy score.

HSBC Life launches protection-linked plan

It offers life protection and investment options.

AIA Group free surplus balloons to $20.6b in H1 2022

The group’s interim dividend went up by 6%.

Manulife Hong Kong reports 20th consecutive year of core earnings growth

Core earnings in the first half of 2022 increased by 1%

FTLife targets young consumers with new critical illness cover

The product is also perfect for first-time insurance buyers.