Hong Kong

Hong Kong commences group-wide supervision of ILS business

The new rules expand the scope of insurable risks for captives.

Bank of East Asia sells life insurance unit to AIA for $644m

BEA will distribute life savings products to retail clients in Hong Kong and the mainland.

Positive momentum in China to prop up AIA's business growth

Strong capitalisation is likely to be maintained despirte headwinds.

AXA rolls out new brand campaign

Hong Kong is the first Asian market to launch a series of promotions.

APRIL International, Ephesoft partner for automated claims processing

APRIL will first launch the Ephesoft platform in Hong Kong.

AIA 2020 OPAT inches up 5% to $5.9b

Value of new business fell 33% in the same year due to operational changes.

Hongkongers more keen about retirement planning now: report

But there is still room for improvement in terms of actual performance.

Hong Kong proposes two-year ILS grant scheme

The amount of grant per issuance will be capped at HK$12m.

Manulife HK's 2020 core earnings jump 10% to $812.6m

Q4 core earnings also jumped 10% to $232m.

Hong Kong SMEs lack adequate insurance vs key concerns: report

Only 24% have protection against equipment damage despite it being a top risk.

AIA amongst bidders for Bank of East Asia's life insurance arm

The bank could raise about $500m to $600m from a potential transaction.

Hong Kong's YF Life names Zhang Ke as CEO

He is a partner at Yunfeng Capital.

Inside blüüm's quest to bring health solutions to every lifestyle

With its insurtech partner CareVoice, it promises a user-centric and fully digital experience.