Hong Kong
QBE, YAS debut pay-as-you-sell insurance for Hong Kong merchants
QBE, YAS debut pay-as-you-sell insurance for Hong Kong merchants
It is designed for HK-based merchants expanding in the US market.
Sun Life HK, HKMC partner to promote flexible retirement planning programmes
Hongkongers expect to retire at an average age of 66.
AIA’s medical plan introduces first-in-market rewards system
The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.
Manulife HK, Macau reels in new Chief Agency Officer
He joined Manulife in 2019 as asst. Vice President, head of DBS Bancassurance.
Fitch expects Generali to back Hong Kong life unit’s expansion
Given its previous capital injections of HK$735m from 2018 to 2022.
bolttech secures $50m venture debt from HSBC, expands market
HSBC has been a partner of bolttech since 2019.
Chow Tai Fook boosts CTF Life's brand in Hong Kong: Fitch Ratings
This move contributed to a market share increase to 2.7% in the first half of 2024.
Sun Life Hong Kong expands SunJoy Global currency options
It also extended its medical services coverage to include several Eligible Savings Plans.
Kwoon Chung, YAS launch HK’s first bus travel insurance
Accidental medical expenses are covered up to $650.
Howden acquires Storfield to boost Hong Kong operations
Its CEO is Victoria Lau.
81% of Hongkongers prioritise family over retirement savings
Half of those assisting elderly family members view it as a financial burden.
RBC rules may shift Hong Kong insurers to bonds: Aviva Investors
Singapore’s asset growth in 2019 and 2022 could spark promise for Hong Kong.
Six in 10 in HK without critical illness insurance
Yet, only 67% would take concrete actions.
AlipayHK partners with YAS for real-time travel coverage
The embedded accident insurance is underwritten by Generali Hong Kong.
Hang Seng Insurance to benefit from parental ties
It is expected to penetrate its parent’s client base further.
Prudential launches insurtech solutions MedScreen+
The solution was launched in partnership with Reinsurance Group of America, Incorporated.
Commentary
AI isn’t replacing insurance, it’s finally making it work