AIR+03 Mar 2022

Hong Kong insurers consider downsizing due to staffing issues

| 03 Mar 2022

Nearly 30% of Hong Kong's international insurers are contemplating downsizing their operations due to a shortage of talent, according to a recent survey by the Hong Kong Federation of Insurers (HKFI). These insurers have said that they are thinking of relocating their global and regional teams away from Hong Kong, leaving just staff who are working on the local market.

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