Hong Kong

In-force business growth and higher sales spurred the growth.

This will help clients purchasing new ILAS policies to build their investments.

The transaction will be structured as a transfer of equity interest.

Retail banking clients registered in Personal Internet Banking can opt in.

Eligible households will receive essential goods and online training modules.

The plan has an annuity period of 10 to 20 years starting at the age of 50.

Payments for diagnosis and death will be guaranteed.

Growth disruptions are expected to cause a 5-10% dip in total premiums.

Both AIA and non-AIA clients can receive information on cases across the city.

The app will enable clients for early retirement and tax savings.

Overall Asian APE rose 1% due to better sales in Japan, China, and Hong Kong.

Policyholders and families will receive complimentary benefits starting 1 February.

They will be entitled to a waiting period waiver if diagnosed between 24 January to 30 April.

Bupa MyFlexi VHIS Plan offers 270 days hospitalisation coverage.

George Lung and Johnny Chan will serve as senior executive regional director.

His expertise are the insurance and banking sectors. Bain & Company has appointed Dr. Henrik Naujoks, global head of its insurance practice, as head of its Asia-Pacific financial services practice which is posted in Hong Kong. Dr. Naujoks has more than 25 years of management consulting experience, advising companies in the insurance and banking sectors especially in corporate and business unit strategy, customer strategy, organisation and post-merger integrations. Dr. Naujoks also serves as adviser for a broad range of organisations, such as “Child and Youth Finance”, WHU – Otto Beisheim School of Management, UNHCR and Medair. In 2007, he was elected by the World Economic Forum as a young global leader. The newly appointed official studied business administration in Munich and earned his doctorate at the University of St. Gallen, where he wrote his thesis on organisational theory and behaviour in large organisations.