Hong Kong
PICC Hong Kong improves market share with reinsurance gains: AM Best
PICC Hong Kong improves market share with reinsurance gains: AM Best
Profitability is stable, with 2024 earnings driven by investment income.
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
Moody’s sees stronger earnings ahead for FWD Group
Its July 2025 listing in Hong Kong boosted financial flexibility and capital access.
Hongkongers link insurance to better ageing health outcomes
43% expect to spend more on medication.
MSIG Insurance settles $44.33m in claims across Hong Kong, Macau
The company received only nine complaints during the year.
HKIA and peers unveil Charter 3.0 to strengthen scam defence
It brings together financial regulators, technology and telecommunications companies.
Prudential announces ICICI asset manager IPO filing in India
As part of the IPO, plans to sell up to 10% of its shares.
AIA launches GlobalFlexi plan with 6.5% return potential
The plan also includes a Health Impairment Option, a first in the market.
HSBC Life unveils indexed universal life policy with gold tracking
Families in APAC are expected to transfer about $5.8t in wealth by 2030.
FWD Group prices Hong Kong IPO at $4.84 for 7 July debut
The offering is expected to raise $445m.
Sun Life upgrades savings insurance with wealth transfer tools
It also introduces a rare multiple Contingent and Interim Policy Owner Arrangement.
HKIA fines broker for inadequate indemnity insurance coverage
One company failed to segregate client monies from its own funds.
Resolution Life seals first Hong Kong reinsurance deal worth $1b
The deal covers a portfolio of in-force participating whole life and annuity policies.
Howden Re launches reinsurance broking unit in Hong Kong
A managing director has been appointed to lead the treaty reinsurance operations.
Prudential adds former Swiss Re CIO Guido Fürer to board
Meanwhile, Amy Yip will step down from the Board on 31 October.
Fitch Ratings expects FWD Group to have stronger profits this year
Bottom-line improvements will be driven by expansion in Hong Kong and Thailand.
Prudential adds pet protection to travel insurance suite
The enhanced plan offers up to $1,300 (HK$10,000) for overseas pet medical costs.
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