Manulife and Bupa International have signed a Memorandum of Understanding (MoU) to establish a strategic collaboration in Hong Kong that will provide customers with greater convenience and flexibility in managing their health.
The total gross premiums of insurers in Hong Kong saw a 10% increase in 2024, according to data released by the territory's Insurance Authority on 5 December.
The Insurance Authority (IA) held its Asian Insurance Forum (AIF) on 8 December 2025 under the theme "Navigating Uncertainties and Embracing Innovation."
Insurance claims from the deadly Wang Fuk Court fire in Hong Kong are unlikely to affect the rating of China Taiping Insurance Group (TPG), according to credit ratings agency Fitch Ratings.
The risk-adjusted capitalisation of China Taiping Insurance (HK) Company [CTPI(HK)] was at the strongest level as of year-end 2024, as measured by Best's Capital Adequacy Ratio (BCAR), and is expected to remain robust over the short to intermediate term, according to AM Best.
Over HK$327m ($42m) has been donated by various Hong Kong-related insurance companies through their charitable arms, group and parent companies to victims of the 26 November high-rise fire disaster in the city.
A material portion of the gross incurred loss in the deadly Hong Kong apartment fire is to be transferred to reinsurers, which may halt downward pressure on Hong Kong property reinsurance rates amid a global reinsurance softening backdrop, AM Best expects.
Global law firm Clyde & Co has appointed Patrick Peng as head of corporate for Greater China.
Claim losses from a devastating fire at a residential estate in Hong Kong will add pressure to the underwriting results of the property/casualty (P/C) insurance sector, said S&P Global Ratings in a report released today.
China's top financial regulator, the National Financial Regulatory Administration (NFRA), has said that it will guide the insurance and banking sectors to fast-track financial services and support to aid relief efforts following the devastating residential building fire in Hong Kong on 25 November 2025.