Hong Kong
HK insurers see gross premiums drop 4.6% in Q1 2021
HK insurers see gross premiums drop 4.6% in Q1 2021
Long-term insurance revenue premiums declined 5.2%.
Hong Kong insurtech FuSure granted reinsurer licence
It is majorly owned by Tencent.
HK regulator fines two insurance broker firms for non-submission of financial docs
One of the firms has had its licence suspended.
HK regulator extends measures on non-physical product distribution
It covers the online distribution of QDAP, VHIS, amongst others.
Driving a tech-focused insurance future
Hong Kong’s ZA Insure is benefitting from a technology backing and some important partnerships.
Why life insurance agents in Asia are optimistic for 2021
They are expecting to see growth in medical products and critical illness products, says Sun Life.
HSBC Life, dacadoo partner to promote better health amongst users
The insurer will integrate dacadoo into its health platforms.
AXA Hong Kong and Macau joins Green Monday ESG Coalition
It is the first insurer to join the coalition.
HSBC Life names new global head of customer proposition
HSBC Life has appointed Ying Teoh as global head of customer proposition effective 12 April.
Hong Kong adjusts insurance premium levy rate to 0.1%
Levy cap is at HK$100 for life policies and HK$5,000 for general policies.
China Strategic in talks to buy Hong Kong Life
The insurer could be valued at between $400m and $500m.
AXA Hong Kong floats SmartHome Plus e-voucher
The e-vouchers can be purchased as corporate gifts.
Hong Kong commences group-wide supervision of ILS business
The new rules expand the scope of insurable risks for captives.
Bank of East Asia sells life insurance unit to AIA for $644m
BEA will distribute life savings products to retail clients in Hong Kong and the mainland.
Positive momentum in China to prop up AIA's business growth
Strong capitalisation is likely to be maintained despirte headwinds.
AXA rolls out new brand campaign
Hong Kong is the first Asian market to launch a series of promotions.
Hong Kong general insurers post 7.8% gain in 2020 gross premiums
But net premiums fell 8.7% in the same year.
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