MetLife Hong Kong has been named 'caring company' of the year for the seventh consecutive year by the Hong Kong council of social service, in recognition of its continuous contributions to the local community.
The general insurance market in Hong Kong saw underwriting performance turn from a loss of HK$792m ($101m) in 2017 to a profit of HK$583m in 2018, according to provisional statistics released last week by the Insurance Authority.
Listed online insurer ZhongAn has registered a life insurance company in Hong Kong, sparking off speculation that it would form an online life insurer under the Hong Kong Insurance Authority's Fast Track scheme.
According to a new research study, commissioned by QBE Hong Kong, most small and medium enterprises (SMEs) in Hong Kong are optimistic about their business despite weak economy and cost pressures.
Having launched the AXA Imperial Collection last August, which serendipitously coincided with the worldwide release of the Crazy Rich Asians film, AXA Insurance Managing Director, Life, Sean Goh said the high net worth market is not homogeneous and has increasingly diverse and complex needs.
Welcome to another week of What's New. This week, we are featuring the big boys in the industry such as Prudential, AIA, Aviva, QBE, MetLife, MAS, SDIC, and Symbo!
In Hong Kong, 71% of women leave decisions on long term household financial planning, like investing, insurance and retirement, to their spouses, according to a UBS survey released ahead of International Women's Day.
The Hong Kong Federation of Insurers (HKFI) has progressed with its Insurance Fraud Prevention Claims Database (IFPCD) which is one of its top priorities under Vision 2028 and five year plan. Its project team is swiftly moving ahead to onboard participating insurers and transfer of data into the IFPCD, according to the HKFI's latest monthly brief.
Prudential Hong Kong has launched PRUHealth Cancer ReCover, the first insurance solution in Hong Kong specifically designed to provide protection for people who have recovered from cancer or carcinoma-in-situ.
The Hong Kong Council of Social Service (HKCSS) has recognised MetLife Hong Kong as a 'caring company' for the seventh consecutive year as a result of its regular contributions to the local community. This recognition comes after the life insurer was honoured with the corporate citizen award at the BENCHMARK wealth management awards and the corporate financial education leadership award from the Institute of Financial Planners of Hong Kong.