Seventy-six percent of small and medium enterprises (SMEs) polled in Hong Kong have suffered a cyber attack in the last 12 months, according to a survey on cyber risk for SMEs conducted by Chubb.
Among traditional actuarial functions, modelling appears to be the area more likely to be severely impacted by technological advancement according to respondents of a survey conducted by the Actuarial Society of Hong Kong (ASHK).
The Asian Reinsurers' Summit 2019 opened in Hong Kong yesterday, organised by this year's host Taiping Re.
The Insurance Authority (IA) has granted its first authorisation of a non-life insurer owning and operating solely through digital distribution channels under Fast Track.
More women were found to have expressed concerns about mental health and experienced stress compared to men, revealed a survey report from Bupa Hong Kong in light of World Mental Health Day today.
The enactment of the 'Emergency Regulations Ordinance' (ERO) or emergency law in Hong Kong does not affect the terms and conditions nor the validity of insurance policies, according to an official statement from the Hong Kong Federation of Insurers (HKFI).
According to UBS Group AG's annual Real Estate Bubble Index, Munich is now the city most vulnerable to a property bubble. Frankfurt and Paris are increasingly in danger of prices becoming unsustainable, even as some of the priciest cities around the world see a drop.
Total gross premiums in Hong Kong increased by 5.2% on-year to HK$514.5bn ($65.3bn) in 2018, according to statistics recently released by the Insurance Authority (IA).
According to Prudential's Parents Savings Gap Survey, Hong Kong parents are keen to help finance their children's higher education, wedding and purchase of their first home, but face a significant savings shortfall of up to HK$3.4 million.
Health insurer Generali Global Health (GGH) has appointed Mr Chris Campbell as head of business development in Asia Pacific to expand the company's regional footprint through the development of existing and new broker relationships.