Hong Kong

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

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

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.

HKIA alerts on fraudulent payment invoices

The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate." 

AIA launches new health plans in Greater Bay Area

The three new plans offer compensation, home visits, and outpatient coverage. 

Manulife’s Genesis offers long-term wealth transfer

The plan promises up to 4.29% TIRR in 10 years.

HKIA takes action against ethical breach by agent

This is the 7th case the HKIA reprimanded an insurance practitioner.

Joseph Chan touts Hong Kong as top ILS issuance centre

The insurance authority hosted its first ILS conference last week.