Hong Kong
Manulife HK, Macau’s APE sales and core earnings grew more than half YoY
Higher demand in the mainland prompted this robust growth.
Manulife HK, Macau’s APE sales and core earnings grew more than half YoY
Higher demand in the mainland prompted this robust growth.
HKIA imposes five-year ban on ex-insurance agent
The former agent mishandled and misappropriated premium payments from two policyholders.Â
FWD witnesses new business sales jump 22% in 9M23
The value of new business rose to $724m year-on-year (YoY).
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.
Prudential expands hospital coverage in Chinese mainland
It is the first insurer in Hong Kong to cover all Class 3 public hospitals and Class 2A hospitals.
FWD and Club Care partners to launch online insurance platform Club Care
The new platform will give out points to redeem loyalty rewards.
bolttech Insurance, Trip.com tie up for travel insurance
Plans for home and pet insurance products are in the talks.
HKFI proposes tax incentives for retirement and savings products
The HKFI expressed their proposals for the insurance sector to boost Hong Kong’s status as a global insurance centre.
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.
AXA presents new critical illness plan for the underserved segment
The plan will cater for persons living with chronic diseases, older individuals, and survivors of critical illnesses.
Metis, Chartered Insurance extends partnership
Metis became CII's first International Professional Partners Firm (IPPF) in the region last year.
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.
AIA recruits independent non-executive director
She has various experiences in the financial sector.
Hong Kong’s drainage system prevented a greater impact: Guy Carpenter
The 2008 rainstorm alone generated HK$237m incurred claims.
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Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential
![Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential]()
Insurance
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
