Cigna Healthcare Hong Kong has launched its VitalGuard Critical Illness Plan, providing financial protection for customers and their families, with a lump-sum benefit upon diagnosis of a covered illness.
Manulife Hong Kong has launched two new participating life insurance savings plans - Genesis Centurion Insurance Plan and Prestige Achiever Insurance Plan - designed to help customers achieve financial goals with enhanced flexibility and growth potential.
Guangdong vehicles have for the first time been allowed to enter Hong Kong's urban areas. The Southbound Travel for Guangdong Vehicles (Entry into Urban Area) scheme commenced on 23 December.
As it commences underwriting operations in Singapore and Hong Kong, recently launched MGA, Prism, has appointed Mr Luca Ronsisvalle as Head of Marine Cargo and Mr Jan von Kamp as Head of Energy, Power and Renewables.
Manulife Hong Kong has partnered with Hong Kong Baptist Hospital (HKBH) to launch an outpatient cashless service for cancer day treatment at both HKBH and its East Kowloon Medical Centre (EKMC).
The Hong Kong Insurance Authority (HKIA) has introduced a new legal framework that permits the city's 158 licensed insurance companies to invest their significant capital in cryptocurrencies and infrastructure projects.
At least 60% of Hong Kongers who participated in a survey have revealed that they delay medical care due to a variety of challenges, including uncertainty about where to seek care when health problems arise and a lack of the right information to make informed medical decisions.
PRISM, a newly founded managing general agent (MGA), has officially launched in Singapore and Hong Kong, backed by seasoned industry professionals and specialty insurer and reinsurer Convex, as well as Efinity Insurance Solutions (EIG). A press release from PRISM stated that the company opened for business on 18 December.
Research organisation AM Best has reported that Hong Kong's non-life insurance industry has maintained profitable underwriting over the past five years. In a commentary on 18 December, AM Best said the strong underwriting performance was supported by the general liability and property damage lines of business.
CTF Life and AlipayHK have partnered to enable CTF Life's mobile application to make premium payments via AlipayHK.