Insurance
Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
Prudential’s new business sees 37% profit growth IN 9M23
It grew to $2.14b, year-to-date.
HSBC Life reveals new leadership appointments
Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.
HKFI approves of HKSAR policy address
The chief executive acknowledged the vital role of marine insurance in terms of maritime services.
bolttech Insurance, Trip.com tie up for travel insurance
Plans for home and pet insurance products are in the talks.
Peak Re boasts better first-semester results
Net profits rebounded to $106m.
Hang Seng, CEFAR Academy link up to create insurtech through insurance arm
This collaboration falls under the HKMA’s Industry Project Masters Network (IPMN) scheme.
Metis, Chartered Insurance extends partnership
Metis became CII's first International Professional Partners Firm (IPPF) in the region last year.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
Bupa names Fiona Harris as new managing director in Hong Kong
She will begin her new role beginning 3 October.
Hong Kong imposes changes to mortgage insurance plan
Previously, mortgage insurance was only for properties under construction with a property value of up to HK$6m.
Hong Kong’s drainage system prevented a greater impact: Guy Carpenter
The 2008 rainstorm alone generated HK$237m incurred claims.
Super Typhoon Soala to dampen reinsurance renewals in Hong Kong
Effective risk management is expected to minimise insurance losses.
Only one out of 10 Gen Z’s are in good mental shape – Survey
Around 71% reported feeling lonely, and 80% struggled with negative body image issues.
Sun Life Hong Kong gets green light to adopt risk-based capital regulation
Implementation of the new solvency capital basis took effect last 30 June.
Hong Kong imposes six-month ban on Chan Ka Hey for fabrication
To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent.
Hong Kong Insurance Authority reappoints CEO
His reappointment is effective 15 August 2023 to 14 August 2026.