The Reference Checking Scheme for Insurance Intermediaries has entered into effect on 1 September 2024, the Hong Kong Federation of Insurers (HKFI) says.
Clyde & Co has appointed Ms Hermoine Hui as partner. She focuses on insurance litigation and advises life and non-life insurers on policy-related matters. In her new role, she will further grow the firm's large insurance offering in Asia and support its wider international insurance practice.
Old age care is a significant concern for Asia's middle class, with 80% of respondents to a survey claiming they are caregivers to their parents and/or in-laws, said Hong Kong-headquartered Peak Re.
The East Asian Insurance Congress (EAIC) is back, and is currently taking place in Hong Kong where it recovers its mantle as the largest and most recognised event of its kind in the region.
Hong Kong's new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among (re)insurers doing business there, according to a new AM Best report.
DAC Beachcroft (DACB) has opened a new office in Hong Kong with two appointed partners, Mr Ross Risby and Mr Wai Yue Loh.
The Hong Kong Consumer Council has advised motorists to understand the adequacy of their cross-border motor insurance policies and the differences in coverage concepts between Hong Kong and mainland China.
Insurers are expanding into the family office space in Hong Kong and Singapore to target the needs of wealthy families in line with consumer demand, says global management consultancy McKinsey & Co.
HDI Global (HDI) has appointed to its Hong Kong branch Mr Daniel Lau as director, Asia Pacific network, subject to regulatory approval and Mr Michael Ahn as CEO.
Cigna Healthcare Hong Kong is debunking misconceptions surrounding health insurance among Hongkongers with a digital-led campaign to engage the public on health insurance.