Hong Kong based marine insurers are finding increased opportunities to provide war risk cover at lower costs to shipowners from Hong Kong and Greater China.
Three licensed insurance brokers in Hong Kong have been hit with a HK$429,000 ($54,900) fine for failing to comply with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, according to a press release by Hong Kong's insurance regulator on 4 March 2026.
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and the Mandatory Provident Fund Schemes Authority (MPFA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cyberport), announced on 5 March the launch of the GenAI Sandbox++ initiative.
Hong Kong's Insurance Authority (IA) has granted authorisation for CNNC Captive Insurance, set up by the China National Nuclear Corporation.
Liberty, part of Liberty Mutual Insurance Group, has appointed Ms Cynthia Sze as CEO, Hong Kong, effective May 2026 and subject to regulatory approval.
FWD Hong Kong has appointed Ms Queenie Lam as Chief Marketing Officer for FWD Hong Kong & Macau.
A new study on the regulatory compliance strategy of APAC insurers reveals a huge divide in how they deal with the demands of financial regulators.
The majority of Asia's middle class feel financially anxious and underprepared for retirement, as rising living costs and growing family responsibilities reshape financial priorities across generations.
Poor communication or basic misunderstanding about the coverage details of travel insurance policies is leading to an increase in insurance disputes, according to a new data analysis by Hong Kong-based insurance comparison platform 10Life.
Hong Kong Insurance Authority's proposed changes to insurers' capital calculations will likely reduce capital requirements for some carriers, says Fitch Ratings.