Hong Kong
Sun Life Hong Kong gets green light to adopt risk-based capital regulation
Sun Life Hong Kong gets green light to adopt risk-based capital regulation
Implementation of the new solvency capital basis took effect last 30 June.
Hong Kong’s insurance premium falls 1.4% YoY in first semester
The whole life, critical illness, and general insurance markets each saw increases.
FWD Group’s new business value jumps 22% YoY in first half
The six months to June accumulated $482m in new business value.
FWD Group outlook turns positive: Moody’s
Driven by an improved earnings report and partnerships, the insurer shifted from ‘stable’ to ‘positive’.
Hong Kong imposes six-month ban on Chan Ka Hey for fabrication
To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent.
Hong Kong Insurance Authority reappoints CEO
His reappointment is effective 15 August 2023 to 14 August 2026.
FWD Group commemorates 10th year, gives back 10 grants
The 10 grants will be given to 10 various communities across the region.
Nine out of 10 HK, GBA policyholders trust their personal data with insurers: Survey
Personalisation, improved claims, and cost savings influenced their trust.
Zurich HK introduces AR/VR tech for mental well-being with 'Chill Lab'
The initiative aims to promote youth mental well-being and reduce the stigma associated with mental health issues.
AXA pursues partnership with logistics tech firm to develop new platform
This will offer comprehensive and tailored insurance coverage to GoGoX users and driver partners.
Hong Kong Insurance Authority flags fraudulent AXA website
AXA has confirmed that it has no association with this fraudulent website.
Manulife HK unveils Bright Care PRO, first late-stage cancer treatment benefit
The plan also includes extra financial support for overseas or non-conventional late-stage cancer treatments.
Hong Kong Life unveils auto-fill function for online applications
Information on new customers applying for insurance is automated.
Manulife HK to distribute QBE’s new fire insurance
This new venture streamlines the process homeowners go through.
MSIG Hong Kong claims settlement ratio up for third-straight year
Claims settlement ratio rose to 92.9% in 2022.
Sun Life Hong Kong Introduces ESG-focused life plan
The insurance plans are designed to offer lifelong protection for senior clients.
AXA XL announces new member to Asia cyber team
He was previously a property underwriter and D&O cyber underwriter.
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Navigating risk strategies for decommissioning traditional power plants