Hong Kong

Clélia Grech will take on her new role with WTW based in Hong Kong.

The Hong Kong subsidiary is seen to contribute 15% to 20% CAGR to the parent company.

The partnership aims to provide customers with a one-stop digital service experience.

The index covers five key markets – Canada, China, Germany, the UK, and the US.

Despite setting savings targets, individuals face challenges in achieving financial freedom, as 52% of their income goes towards daily expenses.

Key features include an expected Total IRR exceeding 7%.

It attributed its performance to their focus on the local market, coupled with proactive efforts to meet the demands of the Greater Bay Area.

The former insurance agent admitted wrongdoing during the IA's investigation.

Analysts said the market’s complex financial environment and shrinking population curtailed industry growth. Cross-border expansion could alleviate contraction pains.

The mentioned company is neither an authorized insurer nor a licensed insurance intermediary under the Insurance Ordinance (Cap. 41).

Despite earnings decline in 2022 due to negative changes in investment valuations amid capital market volatility, QHR has remained profitable over the past few years. 

The council urged the industry to enhance website functions and improve the disclosure of privacy policies to enhance consumer confidence in virtual insurance products.

This partnership aims to bolster support for web3 entities, including banks, custodians, and asset managers across the Middle East.

CTPI is expected to maintain a prudent investment strategy and stringent risk management in the future.

Downgrade risks include failing profitability, capital adequacy, a downgrade of BOC Hong Kong's rating, and a decline in the ability or willingness of shareholders and affiliates to provide support.

Property damage and motor businesses were the two most affected lines of business.