Hong Kong
Hong Kong IA flags poor calibration in insurers’ recommendation engines
Hong Kong IA flags poor calibration in insurers’ recommendation engines
The IA also advised insurers to base rule settings on historical case data.
HSBC Life unveils retirement-focused income insurance plan
The product also provides health protection benefits.
Hong Kong Insurance Authority mandates labeling of savings products
This is to avoid confusion with bank deposits.
Taiping Reinsurance sees stable investment income despite losses: AM Best
TPRe’s capital position stayed at the strongest level in 2024.
Prudential forecasts brighter outlook as Jefferies highlights surplus
Key test is whether Prudential can deliver its $4.4b surplus release target.
Hong Kong-listed Chinese insurers draw record Southbound inflows
Monthly net Southbound inflows into insurers reached $1.8b in July.
AIA Group names Ben Ng as group chief risk officer designate
Ng will be based in Hong Kong.
HKIA welcomes policy address with marine risk pool opportunity
The regulator said it will create new bussiness opportunities.
COSCO SHIPPING Captive Insurance outlook stable with strong capital base
The company plans to maintain a fixed-income focused portfolio.
Bupa Hong Kong names Albert Fung as director of group business & partnerships
He will lead the channel services new business team, amongst other roles.
AIA Hong Kong boosts insurance plans with Concord Healthcare access
It is part of their employee well-being programme.
Hong Kong Insurance Authority urges joint effort in risk management
HKIA highlighted its ongoing collaboration with insurers and academics.
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
It is also issuing new USD subordinated dated capital securities.
Bloomberg supports insurers with HKIA sustainable bond dataset
It helps insurers comply with sustainable investment requirements.
Hong Kong says captive insurance is a tool for Belt and Road projects
Lau also said the scale of the Belt and Road Initiative brings complex risks.
YAS Insurtech and TADA launch real-time ride cover in Hong Kong
Coverage activates at the start of each trip and ends when at the destination.
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AI isn’t replacing insurance, it’s finally making it work