Hong Kong
Nearly half of Hong Kong workers report mental strain, desire to leave
Nearly half of Hong Kong workers report mental strain, desire to leave
41% are planning to work from home to avoid workplace interactions.
Hong Kong insurance market remains ‘soft’ in Q2 2024
Overall pricing remains competitive as new businesses emerge.
HKMCI introduces flexible rental options for homeowners
This aims to help homeowners with their needs.
No lifetime cap on Bupa’s latest medical insurance plans
It has annual benefit limits ranging from HK$5m to HK$10m.
What risks insurers warn of in evolving motor insurance sector
Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
AXA launches first heatwave parametric insurance
It aims to provide protection to employees exposed to outdoor conditions.
HKIA fines AIA International $3.0m for AML lapses
The insurer said conclusions were technical in nature with no findings of money laundering activities or inappropriate onboarding.
HKIA bans four, fake certificates in agent applications
Three of the individuals presented certificates from a non-existent university in China.
HKIA sets fees for insurance intermediary licences from September
It plans to use the fees for enhanced public education and training.
MSIG HK achieves highest claims settlement since 2020
Compared to the previous year, the claims settlement ratio was at 92.9%.
Post-rebrand Chow Tai Fook Life launches wealth coverage
It integrates savings, wealth planning, and life insurance into one plan.
FWD and ESDlife debut health and wellness platform
The insurer saw health insurance claims surge last year by 18%.
AXA HK, Macau unveil new travel insurance via partnership
It offers coverage in personal liability of up to $260m.
FWD Group's earnings set to improve, says Moody's
Geographic diversification of VONB sources has also improved.
HKIA and SFC probe Tahoe Life's investment dealings
HKIA appointed last week joint and several managers to take control of the insurer.
Insurance authority intervenes amidst Tahoe Life financial woes
Despite appointing advisors in 2023, the insurer failed to provide deliverables.
Blue to partner with over 100 brokers in 2 years through new channel
The first product available is the 25-year participating life insurance plan.
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AI isn’t replacing insurance, it’s finally making it work