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Hong Kong tag returned 979 results

  • Asia: Sun Life unveils new critical illness protection plans

    Sun Life has introduced the SunWell Series, a new suite of critical illness protection plans, across Asia.

    Agents | 12 May 2024
  • China: Ping An sells 5.65m HSBC shares for $50m

    Ping An Insurance Group Co, China's biggest insurer by capitalisation, sold 5.65m shares in HSBC Holdings on 7 May at an average price of HK$69.3074 ($8.87) per share.

    Asia | 13 May 2024
  • Hong Kong: IA finishes public consultation on draft rules for RBC regime

    Hong Kong's Insurance Authority (IA) published its consultation conclusions on six draft rules concerning the implementation of a risk-based capital (RBC) regime in April 2024. This action follows the Legislative Council passing the Insurance (Amendment) Ordinance 2023 and subsequent publishing of the six draft rules for public consultation in December 2023 and January 2024.

    AIRPlus | 09 May 2024
  • Hong Kong: World Bank issues second CAT bond

    The Insurance Authority (IA) has announced the issuance and listing of a catastrophe bond, amounting to $150m in Hong Kong by the International Bank for Reconstruction and Development of the World Bank Group, offering protection against storm risks in Jamaica over the next four hurricane seasons.

    Asia | 08 May 2024
  • Hong Kong: Wellness InsurTech company teams up with health insurance broker

    MixCare Health, an emerging Hong Kong digital health and wellness platform company, has partnered with international health insurance broker and employee benefits specialist Pacific Prime to revolutionise the delivery of health and wellness benefits for Hong Kong employers.

    Asia | 07 May 2024
  • Hong Kong: Renewed optimism in life insurance sector

    Since the reopening of Hong Kong's borders in February 2023, the insurance industry in Hong Kong has experienced a strong revival, with a surge in interest from both local consumers and Mainland Chinese visitors (MCVs), the latter helped by an easing of travel restrictions, notes BMI, a unit of Fitch Solutions.

    Asia | 06 May 2024
  • Hong Kong: Peak Re posts highest-ever net profit in 2023

    Peak Reinsurance Company (Peak Re), the Hong Kong-based global reinsurer, has announced that it has achieved its best-ever net profit of $200m, as the reinsurer released its annual results for the year ended 31 December 2023.

    Asia | 03 May 2024
  • Hong Kong: Insurance federation appoints 2024-25 Governing Committee

    The Hong Kong Federation of Insurers (HKFI) has announced the appointment of its Governing Committee for the term 2024/2025.

    Asia | 02 May 2024
  • Hong Kong: FTLife to change name to Chow Tai Fook Life Insurance

    FTLife Insurance Company Limited, a life insurer in Hong Kong, has announced that it would change its company name to Chow Tai Fook Life Insurance Company Limited (CTF Life) and launch the new brand in the third quarter of this year, strengthening FTLife's collaboration with the diverse conglomerate of Chow Tai Fook Enterprises.

    Asia | 01 May 2024
  • Hong Kong: Manulife and Standard Chartered announce bancassurance partnership for private banking

    Manulife Hong Kong and Macau (Manulife) and Standard Chartered Bank (Hong Kong) Limited (Standard Chartered Hong Kong) have launched a distribution partnership. With immediate effect, Manulife is offering Standard Chartered Hong Kong's private banking clients a diverse range of solutions encompassing savings, protection, wealth accumulation, and legacy planning so as to cater to the unique financial needs of clients at different stages of life, empowering them to make the most of their wealth to achieve their financial goals.

    Agents | 30 Apr 2024

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