Hong Kong

HKIA considers smoothing mechanism for insurance commissions structure

HKIA considers smoothing mechanism for insurance commissions structure

It also reported a 99.9% compliance rate with Continuing Professional Development (CPD) requirements.
3 hours ago

1 in 5 HK execs rate financial crime compliance programmes effective

Key challenges include a lack of technology and investment.
3 hours ago

Sun Hung Kai Properties Insurance keeps strong underwriting profitability

It also outperformed industry peers, AM Best notes.
4 hours ago

Cathay and Zurich collaborate for insurance and rewards programme

This will allow Cathay members to access insurance whilst earning air miles.
23 hours ago

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.
1 day 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.
2 days ago

CTF Life launches outpatient insurance for GBA travel

The plan utilises the medical network of The GBA Healthcare Group.

Prudential adopts NFC tech for faster client onboarding

The e-KYC will be integrated into PRUSubmit.

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.

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.