Hong Kong
HKIA seeks public input on subsidiary legislation for risk-based capital regime
HKIA seeks public input on subsidiary legislation for risk-based capital regime
This consultation comes after the implementation of the Risk-based Capital (RBC) regime.
7 out of 10 HK’ers prefer to have private health insurance for improved wellbeing: Survey
High stress and burnout were expressed by Hong Kongers which resulted in the decline in vitality levels.
HKIA warns of fake insurers on social media
Scammers posed to be representatives of Dah Sing Insurance and sold motor insurance products.
HK’s total gross premiums dip 1% in the first nine months
Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.
WTW taps new executive director of large accounts practice HK, Macau
Ellen Fung will focus on elevating the Hong Kong market across various lines of WTW business.
Prudential HK teams up with local hospitals to launch new cancer service
It offers exclusive medical concierge services, amongst other benefits.
Taikang Insurance buys majority stake in ESR Warehouse Fund worth $288m
This marks ESR’s latest funding tie-up with a mainland insurer.
Transamerica Life Bermuda reveals new COO
Brian Chui will spearhead operations, which include new business, underwriting, customer service, and claims.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
AXA HK, Macau venture into cross-border healthcare service
It has partnered with UMP Healthcare Holdings to expand its reach to clinic services in China.
FWD HK unveils new retirement plan for HKMC’s programme
This collaboration expands retirement solutions in the market.
Manulife HK, Macau’s APE sales and core earnings grew more than half YoY
Higher demand in the mainland prompted this robust growth.
HKIA imposes five-year ban on ex-insurance agent
The former agent mishandled and misappropriated premium payments from two policyholders.
FWD witnesses new business sales jump 22% in 9M23
The value of new business rose to $724m year-on-year (YoY).
HSBC Life reveals new leadership appointments
Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.
HKFI approves of HKSAR policy address
The chief executive acknowledged the vital role of marine insurance in terms of maritime services.
Prudential expands hospital coverage in Chinese mainland
It is the first insurer in Hong Kong to cover all Class 3 public hospitals and Class 2A hospitals.
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