After graduating from The Hong Kong Polytechnic University in 1997 with a Bachelor's degree in Electronic Engineering, he joined AIA and embarked on his life's journey as an Insurance Agent.
This insurance giant delivered Asia-led growth in the first half of 2019. It is also set to complete its demerger in the fourth quarter of 2019 and preparations are complete for its move to Group-wide supervision by the Hong Kong Insurance Authority.
Around 40% of consumers in Hong Kong prefer to engage with their life insurers on digital channels over physical ones; while tech giants such as Apple, Google and Samsung are becoming the companies that consumers in Hong Kong trust to act in their best financial interests, according to new data released by market research firm Forrester.
The Standard Club has expanded its presence in Greater China after its Singapore based subsidiary, Standard Asia, gained authorisation earlier this year to carry on insurance business in Hong Kong.
Hong Kong's insurance sales have taken a hit in the past two months, as street protests - particularly in districts frequented by mainland Chinese visitors such as Tsim Sha Tsui and Mong Kok - have kept them away.
Munich Re has appointed Mr Steven Chang, an industry veteran, as chief executive of Greater China as of 1 August 2019. Based in Beijing, he will report to Asia Pacific (Greater China and Australia/New Zealand) chief executive Tobias Farny and lead the reinsurer's non-life business and operations in the Greater China area which includes mainland China, Taiwan, Hong Kong and Macau.
The Hong Kong Federation of Insurers (HKFI) yesterday gave an update on claims incurred as a result of the calamitous Typhoon Mangkhut in 2018. These statistics were collected from 54 insurance companies accounting for around 80% of the market share.
In the lead up to the Insurance Authority (IA) taking over the direct licensing and supervision of insurance intermediaries next month, it has published two new guidelines to increase the minimum education requirements of licensed insurance intermediaries in an attempt to improve their quality of service and professionalism.
HSBC Life has launched two insurance solutions to meet customers' health and wealth needs - the new HSBC Health Goal Insurance Plan ("HGIP") and HSBC EarlyIncome Annuity Plan ("EIAP") with new Dementia Protection rider.
The Hong Kong Federation of Insurers (HKFI) has announced the resignation of its chief executive Peter Tam, who is already on a leave of absence until 8 October 2019. The federation's governing committee has established an executive committee (ExCom) to identify a suitable candidate to lead the HKFI and oversee its operations.