Hong Kong
Peak Re maintains strong capital with disciplined underwriting in Asia
Peak Re maintains strong capital with disciplined underwriting in Asia
AM Best expects Peak Re to sustain its growth in life and structured reinsurance.
CGS International expects Prudential to post strong growth by 2027
The insurer targets $3.4b to $4.2b in new business profit by 2027.
AIA Group beats OPAT targets as Jefferies sees momentum building
Comes after recording a VONB growth of 18% in 2024 and 33% in 2023.
Manulife Hong Kong expands hospital access to 38,000 sites in China
It also extended its Credit Service for Hospitalisation to over 800 hospitals in China.
Hong Kong Insurance Authority sets 50% cap on broker referral fees
The HKIA warned that excessive referral fees could mask commission rebates.
FWD Group’s H1 2025 bags $47m net profit
New business sales rose 38% year-on-year.
Higher premiums loom under Hong Kong’s stricter cyber law
Insurers will play a more active role in clients’ pre-breach cybersecurity strategies.
FWD expands office space at Taikoo Place
Devon House will be renamed FWD Tower, effective 1 January 2026.
Prudential Hong Kong posts fourth quarter of double-digit APE growth
New Business Profit (NBP) rose 16% YoY.
Manulife Hong Kong and Macau bolsters growth with senior appointments
It announced three C-level appointments.
AIA net profit falls 23.5% in H1 2025
The insurer also reported a 14% YoY increase in value of new business.
HKIA launches AI cohort programme with seven insurers
A survey of more than 110 insurers showed 20% already have AI adoption strategies.
FWD Hong Kong introduces One&All insurance plan with tiered benefits
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation.
Bupa Hong Kong introduces Blua Health Pass to expand affordable coverage
Customers can access discounted rates of up to 67% across 380 service points.
Howden Re reels in Candy Wong as head of treaty
Her appointment comes as Howden Re builds its Hong Kong platform.
AXA Hong Kong and Macau unveil typhoon parametric cover for MOTOGO members
It also unveiled a travel insurance coverage of up to $38,220.21.
KoverNow rolls out KARAT with market experts and retail partners
It includes jewellers, watch dealers, and camera shops.
Commentary
AI isn’t replacing insurance, it’s finally making it work