Hong Kong
HKIA sets 6% illustration rate cap on HKD policies
HKIA sets 6% illustration rate cap on HKD policies
Caps apply only to internal rate of return used in benefit illustrations at the point of sale.
2 hours ago
CTF Life earns SBTi approval for its carbon reduction targets
It targets to reduce absolute Scope 1 and 2 GHG emissions by 37.8% by 2029.
1 day ago
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
6 days ago
Prudential adopts NFC tech for faster client onboarding
The e-KYC will be integrated into PRUSubmit.
6 days ago
FuSure Reinsurance obtains Composite License from Hong Kong
The company is also exploring health, auto, pet, cybersecurity, and liability insurance.
Prudential Hong Kong introduces ophthalmology direct billing at EKMC
EKMC is the first full-block ambulatory medical centre under HKBH.
Chubb Life rolls out insurance covering ICU stays under critical illness
The plan offers coverage for 144 illnesses and four payment options.
Prudential net profit rises 41.1% to $2.4b in FY 2024
EPS stood at $0.897.
Manulife partners with Prosper Health for cancer medication access
Eligible customers will have access to Manulife’s Personalised Medical Case Managers.
65% of Hong Kong SMEs lack business interruption coverage
Rising property rental prices remained top concern for the second consecutive year.
Bowtie expands VHIS benefits with histotripsy at Gleneagles
The hospital is also “Asia's first private hospital to offer Histotripsy treatment”.
Prudential makes leadership appointments in Hong Kong
A chief risk officer and general counsel were appointed.
FWD’s first net profit under IFRS 17, records $24m in FY 2024
Operating profit after tax rose 29% year-on-year.
KoverNow, Aristo Watch partner for luxury timepieces coverage
The insurer also offers plans for jewellery and handbags.
Ping An, Collinson International ink deal for flight delay benefit
Customers are granted access to the lounge or a chosen benefit.
Manulife extends partnership with CUHK Medical Centre
The collaboration will include histotripsy under the ‘Medical Professional Support Service.’
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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