Despite the fifth wave of Covid-19, some of the city's biggest insurers have enjoyed surging sales thanks to their digital offerings and a heightened public awareness of the need for medical cover.
Acrisure Re, the (re)insurance division of global insurance broker and FinTech platform Acrisure, has launched its Hong Kong operation.
CoverGo, a leading global enterprise no-code SAAS insurance platform, yesterday announced it has secured $15m in Series A funding led by California-based SemperVirens VC.
A survey of SME businesses in South and Southeast Asia has highlighted a gap in their current protection levels and the risks they currently face.
Insurers face several challenges when it comes to investing in ESG and integrating the same principles into corporate structures. These include how to develop an ESG framework that defines methodology and standards, the availability of relevant data and persuading stakeholders to buy-in.
AXA Hong Kong is carefully monitoring the social impact of its investment allocation changes as it aims to reduce its carbon footprint by 20% come 2025.
Asia's first digital insurance product backed by a global reinsurer was launched in Hong Kong this week
OneDegree Hong Kong has entered into a three-year strategic partnership with Munich Re to launch a digital asset insurance product, making OneDegree the first licensed insurer in Asia to collaborate with a global leading reinsurer in offering digital asset insurance.
To enhance the protection of policyholders who intend to use premium financing when taking out life insurance policies, the Insurance Authority (IA) and the Hong Kong Monetary Authority (HKMA) have issued relevant circulars to life insurers, intermediaries and financial institutions such as banks.
The China Securities Regulatory Commission (CSRC) has announced that it has received documents from Sunshine Insurance Group Company (SIG) which is planning an initial public offering outside mainland China.