Hong Kong
Hong Kong staff medical insurance costs rise 55% over three years
Hong Kong staff medical insurance costs rise 55% over three years
Hospitalisation rates, however, have not yet returned to pre-pandemic levels.
Hong Kong Insurance Authority welcomes re-domicile bill passage
HKIA CEO said the legislation offers a simpler and more cost-effective pathway.
Hong Kong travellers boost insurance uptake on personal safety concerns
Notably, the fear of losing travel documents is higher.
Bowtie debuts first term critical illness plan for children, pregnant women
Bowtie’s new plan is a term-based product with no savings component.
Chubb Life Hong Kong offers digital plan with life and accidental death cover
The product does not require a health examination or financial background check.
Blue Cross premiums surge 22.1% YoY in 2024
The insurer’s non-medical business grew by 31.7%.
Mainland visitor volumes plateau as Hong Kong life insurance steadies
Tourism volume tempers optimism for a large rebound in cross-border life insurance.
FWD launches cross-border medical plans amidst rising demand in GBA
Nearly a third of residents have sought treatment in China.
AXA Hong Kong launches endoscopy concierge for cross-border healthcare
The plan expands coverage beyond lung and breast cancer.
HSBC’s subsidiary approved as first captive insurer in Hong Kong
The government imposed a 50% tax concession for local captive insurers.
Peak Re issues $50m catastrophe bond with Black Kite Re
This marks Peak Re’s second catastrophe bond issued in Hong Kong.
Hong Kong Life unveils free consultation, medication on common ailments
It is available for its customers under its “Mannings PharmaCare” service.
Zurich, HTHK launch SIM plans with travel insurance for GBA trips
The promo is available to SoSIM users.
Manulife Investments unveils Manulife Stable Fund in Hong Kong
It now invests primarily in USD-denominated and settled short-term deposits.
Manulife Hong Kong launches two critical illness products with income aid
One of the plans covers 121 critical illnesses and diseases.
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases.
Transamerica Life Bermuda appoints Kristine Ung as CEO
She has held senior roles at AIG, AIA, Chubb and Kismet Solutions.
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