Hong Kong

HKIA alerts on fraudulent payment invoices

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

HKIA alerts on fraudulent payment invoices

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

AIA launches new health plans in Greater Bay Area

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

Manulife’s Genesis offers long-term wealth transfer

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

HKIA takes action against ethical breach by agent

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

Joseph Chan touts Hong Kong as top ILS issuance centre

The insurance authority hosted its first ILS conference last week.

HKIA, ICAC target suspected unlicensed insurance sales to mainland China

The first joint operation led to the arrest of a broker and a referrer.

AM Best projects “modest profitability” for Tugu Insurance

The company’s financial performance was mixed in 2023.

HKIA launches anti-scam charter with financial regulators

The initiative involves 230 participating institutions.

9 in 10 ‘pawrents’ don’t have insurance for their pets – Prudential

Prudential policyholders are mainly concerned about timely emergency treatments and affordability.

Unethical conduct results in harsh HKIA ban

The agent was found pocketing a policyholder’s deposits, causing a policy relapse.

HSBC taps Ed Moncreiffe as CEO of Global Insurance

He replaces Greg Hingston, who is leaving the firm to explore other opportunities.

FWD Hong Kong jumps twofold in new business APE in 2023

New business case count increased by 24% YoY.

AXA launches new deferred annuity plan for retirement

Policyholders can withdraw guaranteed monthly annuity payments from age 50.

Sun Hung Kai Properties Insurance de-risking exposure improves bond credit quality – AM Best

The insurance company de-risked majority of its bonds in China in 2023.

HKIA and HKPF inks MOU on a joint framework for legal services

The agreement will ensure the insurance market’s reliability and security.

Prudential's Asian life business beats expectations with $3.1b NBP

Jefferies expects Prudential to exceed medium-term growth targets.

Hong Kong’s women in insurance rising in a male-dominated business sector

Hong Kong’s female insurance executives show how they take on leadership roles.