Life insurance company BOC Life has launched a "retirecation" programme for Hong Kong residents by linking up with Bank of China (Hong Kong) and leveraging the advantages of "banking + insurance" to provide them with a solid financial foundation for their retirement.
The growth in value of new business (VNB) at Chow Tai Fook Life Insurance Company (CTF Life) was strong in FY2024, notes Fitch Ratings.
Sun Life Hong Kong has partnered with the Hong Kong Mortgage Corporation (HKMC) to refer clients to the Policy Mortgage Programme and Reverse Mortgage Programme, which offer retirees flexible retirement planning solutions.
AIA Hong Kong & Macau upgraded its "OptimaCEO Medical Plan", which integrates Signature Healthcare Circle, concierge services, and personalised health programmes to support health management and overall well-being.
Manulife Hong Kong and Macau has appointed Mr Albert Mak as chief agency officer. He also serves as a member of the company's senior management team.
The National Financial Regulatory Administration (NFRA) will encourage mainland Chinese insurers and banks to set up headquarters in Hong Kong for international operations, said the head of the regulatory agency, Mr Li Yunze.
Zurich Insurance (Hong Kong) is focusing on creating a sustainable ecosystem and promoting eco-friendly practices and healthier lifestyles within the community.
QDM International (QDMI), which is a Florida holding company with operations primarily conducted through its indirectly wholly-owned subsidiary based in Hong Kong, has filed an application with the Securities and Exchange Commission (SEC) in the US to raise up to $8m in a listing of its common stock.
More than 90m of people suffering from diabetes currently live in Southeast Asia where the number of adults with diabetes is projected to soar to 152m by 2045, presenting a serious public health challenge, according to a Sun Life survey.
Howden, the global insurance intermediary group, has announced the acquisition of Hong Kong-based Storfield Insurance Consultants, a specialist in general insurance for small-to-medium sized enterprises (SMEs) and high-net-worth (HNW) clients.