Hong Kong

Sun Life upgrades savings insurance with wealth transfer tools

It also introduces a rare multiple Contingent and Interim Policy Owner Arrangement.

HKIA fines broker for inadequate indemnity insurance coverage

One company failed to segregate client monies from its own funds.

Resolution Life seals first Hong Kong reinsurance deal worth $1b

The deal covers a portfolio of in-force participating whole life and annuity policies.

Howden Re launches reinsurance broking unit in Hong Kong

A managing director has been appointed to lead the treaty reinsurance operations.

Prudential adds former Swiss Re CIO Guido Fürer to board

Meanwhile, Amy Yip will step down from the Board on 31 October.

Fitch Ratings expects FWD Group to have stronger profits this year

Bottom-line improvements will be driven by expansion in Hong Kong and Thailand.

Prudential adds pet protection to travel insurance suite

The enhanced plan offers up to $1,300 (HK$10,000) for overseas pet medical costs.

bolttech Insurance steadies outlook with health line shift: Fitch Ratings

Its net income dipped last year due to slower topline growth and adverse motor claims. 

YAS deploys AI to adjust premiums for Hong Kong taxis

It will initially cover around 1,000 hybrid and electric taxis.

Global firms eye Hong Kong captives to manage risk

Self-insurance could lower premiums over time and improve liquidity.

FWD Group to offer 91.34m shares in HK listing

It’s priced at HK$38.00 (US$4.84) apiece.

Sompo Hong Kong CEO Li Sheung Kin to retire in 2025

Alasdair Walker will succeed Li as CEO.

Zurich and Hong Kong Airlines launch integrated travel coverage

The Zurich HKA Travel Insurance Plan is now available as an add-on when booking flights.