Hong Kong Insurance

Hong Kong general insurance GWP to reach $10.9b by 2028

Rising consumer prices can affect the industry’s profitability in the short-term.

Hong Kong general insurance GWP to reach $10.9b by 2028

Rising consumer prices can affect the industry’s profitability in the short-term.

AM Best projects “modest profitability” for Tugu Insurance

The company’s financial performance was mixed in 2023.

Hong Kong Federation of Insurers leads climate charter amongst industry

33 companies have joined HKFI’s inaugural climate charter.

HK pushes for ILS via regulatory regime, grants HK$100m for financial industry

The finance secretary also promises to transform into a global hub for supply chain management, thus ensuring coverage by an export credit insurance corporation.

HSBC Life Hong Kong issues most expensive life insurance policy

The Hong Kong insurer has issued policies worth at least US$50m over the past year.

HKIA’s annual report shows push for global centre status

The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.

Married people have the most insurance literacy rate in Hong Kong; survey

They are followed by mature working adults, with the youth as the least literate.

Asia’s insurance industry has the weakest growth—here’s why

Growth was heavily impacted by underperformance of several countries.

China Taiping sees 77% profit growth to $5.11b in H1

Total premiums written and policy fees over the period stood at $157b.