Hong Kong
Hong Kong’s total gross premiums dips by 2.2% to $39.48b
Hong Kong’s total gross premiums dips by 2.2% to $39.48b
However, new sales of life insurance policies went up by 22.9%
Zurich Hong Kong launches new insurance plan for domestic helpers
The plan comes with multiple new protections for employers and employees.
China Taiping sees 77% profit growth to $5.11b in H1
Total premiums written and policy fees over the period stood at $157b.
AXA, HSBC unveil insurance for Hong Kong residents studying overseas
For as low as HK$4,000, students can enjoy up to HK$2.5m coverage.
AIA Group reports 22% surge in value of new business for H1 2021
The group’s China segment was named its largest contributor.
AXA rolls out first-in-market surgical insurance SurgiCare
One out of three people in Hong Kong has undergone surgery in his/her lifetime.
Dah Sing Insurance launches specialised insurance for Tesla cars
The special insurance offer is only available to select Dah Sing Bank customers
Peak Re acquires remaining 50% stake in Caribbean insurance group NAGICO
The Hong Kong reinsurer initially invested in NAGICO in 2016.
Hong Kong digital life insurer Blue launches outpatient service mobile app
This follows the launch of the Blue WeMedi Outpatient protector plan.
Manulife’s cashless day surgery e-service offered at HKBH Ambulatory Medical Centre
HKBH offers a HK$500 electronic coupon to select customers of Manulife.
HK Insurance Authority bans former agent for misconduct
Yam Wai Shu will not be allowed to apply for a licence for five months.
AXA units, KKR subsidiary ink $4.8b whole life reinsurance deal
AXA HK has reinsured a closed block of whole life insurance policies originating in Asia.
HKECIC posts $24.7m FY 2021 net profit
This was from a net loss of $13.5b (HK$104.6b) reported in FY 2020.
Sun Life HK launches new participating insurance plan
Vital offers whole-life protection and potential long-term wealth growth.
AIA Hong Kong, Bank of East Asia launch bancassurance partnership
They launched seven products that provide comprehensive life, critical illness, savings, and retirement protection.
AXA HK floats free PA protection to boost tourism, COVID vaccine
Those aged between six months to 85 years can avail of the programme.
AIA to buy 25% of China Post Life
China Post Life is a subsidiary of China's postal service operator.