Hong Kong

Insurance rides high on surge in Hong Kong travellers

CEO Jim Qin of Zurich Insurance cites a trend for extended vacations among Hongkongers in 2023, boosting travel insurance sales.

Insurance rides high on surge in Hong Kong travellers

CEO Jim Qin of Zurich Insurance cites a trend for extended vacations among Hongkongers in 2023, boosting travel insurance sales.

HKIA meets with NFRA, eyes bolstering HK and mainland market

HKIA executives and the NFRA minister discussed opportunities within the Guangdong-Hong Kong-Macao Greater Bay Area.

Insurance-linked securities to tackle Asia's growing climate protection gap – HKIA

Hong Kong's potential role in leveraging its mature insurance and capital markets to provide alternative risk transfer tools can address NatCat risks.

AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year

The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.

AXA Hong Kong revamps multicurrency plan

The upgrade hopes to address flexibility, diversity, liquidity and sustainability concerns.

HKIA announces new executive director

Two executive directors will be appointed soon to oversee long-term and general business.

Mainland Chinese tourists fuel growth in Hong Kong’s life insurance market

The industry will grow 4.1% by 2028 due to more mainland tourists and the super aging population.

Berking Re sits with a stable outlook, pressure from market volatility seen: AM Best

The insurer’s governance and regulatory oversight are expected to adequately protect its capital and assets.

Sun Life HK partners with university to bolster finance skills

It aims to boost the skills of professionals in wealth management, insurance, and financial planning.

Stable investment income shields HLIA against market volatility, driving fiscal optimism

The insurer carries a strong balance sheet, operating performance, limited profile, and appropriate risk management.

HKIA rules face 2024 overhaul, await legislative approval

There are four draft rules covered in the second round of consultation.

Hang Seng Bank launches investment and life insurance plan

70% of Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. 

WTW welcomes new head of global services and solutions

Clélia Grech will take on her new role with WTW based in Hong Kong.

Prudential Hong Kong is ‘core’ subsidiary in next 2 years – S&P Global Ratings

The Hong Kong subsidiary is seen to contribute 15% to 20% CAGR to the parent company.

Zurich HK partners with Hutchison Telecommunications for travel insurance

The partnership aims to provide customers with a one-stop digital service experience.

HKECIC, Dun & Bradstreet partner to launch Export Credit Risk Index

The index covers five key markets – Canada, China, Germany, the UK, and the US.

HK residents hesitant in long-term financial planning – Prudential

Despite setting savings targets, individuals face challenges in achieving financial freedom, as 52% of their income goes towards daily expenses.