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.
Hong Kong IA bans insurance agent with fake academic credentials for 3 years
The agent’s license has now been revoked.
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.