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.
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.
Commentary
Rethinking insurance for the masses
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