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Hong Kong tag returned 806 results

  • China: Sunshine Insurance could price IPO at bottom of indicative price range

    Beijing-headquartered Sunshine Insurance Group plans to price its shares at HK$5.83 ($0.75) each in its Hong Kong initial public offering to raise HK$6.7bn ($863m), reported Reuters quoting two sources with direct knowledge of the matter.

    Asia | 07 Dec 2022
  • Hong Kong: Govt releases development roadmap for the insurance sector

    The government yesterday issued a development roadmap for the insurance sector in Hong Kong, outlining its vision and mission as well as targeted policy measures to consolidate the city's status as a global risk management centre and sophisticated insurance hub.

    Asia | 06 Dec 2022
  • Hong Kong: Moody's upgrades FWD Limited's ratings

    Moody's Investors Service has upgraded the issuer rating and senior unsecured debt rating of pan-Asia insurer FWD Limited to 'Baa2' from 'Baa3', as well as the rating of the company's subordinated perpetual capital securities to 'Ba1(hyb)' from 'Ba2(hyb)'. Moody's has also changed the outlook on FWD Limited to 'Stable' from 'Positive'.

    Asia | 05 Dec 2022
  • Mainland Chinese new life business in HK continues to recover

    New life business premiums derived from mainland China visitors to Hong Kong were HK$1bn [$128.5m] (increased by 110.9%) for the first nine months of this year, according to statistics released by the Hong Kong Insurance Authority.

    China | 02 Dec 2022
  • Malaysia: FWD in US$10m venture to invest in InsurTech and Islamic FinTech

    Hong Kong-headquartered FWD Group Holdings yesterday announced the launch of TIM Ventures, a MYR45m ($10.2m) venture capital fund in collaboration with Artem Ventures, a Malaysia-based venture capital firm, to invest in emerging start-ups in the InsurTech and Islamic FinTech space in Malaysia.

    Asia | 02 Dec 2022
  • Hong Kong sees drop in total gross premiums for first three quarters of 2022

    The Insurance Authority (IA) released provisional statistics of the Hong Kong insurance industry for the first three quarters of 2022, showing a decrease of total gross premiums by 5.1% to HK$432.7bn ($55.4bn) over the corresponding period in 2021.

    AIRPlus | 01 Dec 2022
  • Hong Kong: Generali names new CEO

    Generali Asia has appointed Ms Cecilia Chang as Generali Life (Hong Kong) CEO and Assicurazioni Generali Hong Kong Branch general manager. She joined Generali in 2016 in Hong Kong as head of financial lines and underwriting, Asia for the global corporate and commercial (GC&C) business and relocated to Milan in 2018 as global head of financial lines and underwriting in GC&C.

    People | 30 Nov 2022
  • Hong Kong: AIA unveils life insurance plan for HNWs

    AIA Hong Kong has launched a life insurance product to help high net worth (HNW) individuals with their legacy planning.

    Agents | 27 Nov 2022
  • Hong Kong: Fosun International plans sale of Peak Re -- report

    China's Fosun International has appointed Deutsche Bank to advise on a potential sale of its stake in Hong Kong-based reinsurance company Peak Re, reported Reuters quoting four people with knowledge of the matter.

    Asia | 23 Nov 2022
  • Retaining older workers to address talent crunch in Hong Kong

    A recent study has revealed that employers in Hong Kong are addressing the talent crunch challenge by focusing on retirement age and benefits for older workers.

    AIRPlus | 22 Nov 2022

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