Hong Kong
FWD’s first net profit under IFRS 17, records $24m in FY 2024
FWD’s first net profit under IFRS 17, records $24m in FY 2024
Operating profit after tax rose 29% year-on-year.
21 hours ago
KoverNow, Aristo Watch partner for luxury timepieces coverage
The insurer also offers plans for jewellery and handbags.
1 day ago
Ping An, Collinson International ink deal for flight delay benefit
Customers are granted access to the lounge or a chosen benefit.
1 day ago
Manulife extends partnership with CUHK Medical Centre
The collaboration will include histotripsy under the ‘Medical Professional Support Service.’
3 days ago
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
Prudential, StanChart cement 25 years of bancassurance tie-up
They have the longest-running bancassurance partnership in Singapore and Asia.
HKIA supports budget initiatives for insurance sector
Yiu highlighted the extension of the Pilot Insurance-linked Securities Grant Scheme.
How financially prepared are Gen Alpha parents in Hong Kong?
Only 33% have concrete financial plans, whilst 18% have not started planning at all.
Bupa adds voluntary health plan in Hong Kong portfolio
It offers high annual benefit limits with no lifetime cap.
YF Life Insurance International faces challenges in new business margin
Fitch anticipates it will continue focusing on capital efficiency and product diversification.
How much can insurance job hoppers in Hong Kong negotiate this year?
Insurers are also targeting professionals in the banking industry.
Hong Kong underwriting flexibility rises amidst competition: Aon
Despite limited new business opportunities, the market continues to attract capacity.
Well Link Life Insurance's investment yield aims for double digits
AM Best expects the company’s medium-term balance sheet to remain strong.
Sun Life aims to expand retirement plans amidst under-preparedness
17% have no retirement plan at all.
Generali, YAS launch tech-driven insurance for travellers
The product adjusts coverage up to 20 times based on travellers' spending.
Hong Kong SMEs pivot back to offline insurance channels
SMEs have scaled back cyber protection measures, with fewer investing in security solutions.
Wealthy Chinese use insurance for legacy-planning
Majority said that designating beneficiaries through insurance may prevent inheritance disputes
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1. Singapore moms juggle family tasks and money matters 2. Health insurance market to reach $5t by 2032 3. Philippine banks and insurers called to pursue human-centred AI adoption 4. Aon acquires Mitsubishi Chemical's insurance agency business 5. Singapore life annuity insurance market to grow by $603m by 2028Resource Center
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Navigating risk strategies for decommissioning traditional power plants