Hong Kong's Insurance Authority (IA) has taken disciplinary action against six insurance intermediaries for breaching insurers' internal controls and assisting customers in making false declarations involving approximately HK$7.3m ($930,000) in bank drafts for premium payments.
The Global Asia Insurance Partnership (GAIP) announced on 15 October that Peak Re has joined the Asia-focused, neutral tripartite platform as a principal partner, reinforcing its commitment to addressing protection gaps and strengthening resilience against emerging risks across Asia and beyond.
In connection with the official opening of Huanggang Port on 12 October 2026, the Hong Kong Special Administrative Region (SAR) government has entered into a market agreement with 45 insurers to extend the scope of coverage of their existing mandatory motor and employees' compensation insurance policies to the Huanggang Port Hong Kong Port Area (HKPA).
Life insurance premiums in Hong Kong are forecast to grow by around 5-10% annually over the next two years, said S&P Global Ratings' Associate Director, Insurance Ratings, Ms Judy Chen, speaking at a webinar.
The Hong Kong government's first Five-Year Plan, unveiled in September 2026, offers several opportunities for insurers, according to S&P Global Ratings' Associate Director, Insurance Ratings, Ms Judy Chen.
FWD Group will acquire a 25% stake in Bolttech Insurance (Hong Kong) for HK$161.62m ($20.72m).
Hong Kong's insurance regulator, the Insurance Authority (IA), has published its latest edition of Conduct In Focus.
Chubb Life Hong Kong has launched the Chubb MyLegacy Multi-Currency Insurance Plan, which offers a customised life event settlement option and can be convertible to another currency.
Following an on-site inspection carried out by Hong Kong's Insurance Authority (IA) under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) (AMLO)1,2, FWD Life Insurance Company (Bermuda) has been ordered to pay a pecuniary penalty of HK$19.5m ($2.5m).
Preparing the next generation to manage inherited wealth is becoming a key concern for Asian families, according to a new Sun Life Asia study.