Hong Kong
Hong Kong’s PAObank to offer free travel insurance to new customers
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.
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.
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