Insurance

Prudential's new business profit jumps 45% YoY

Prudential’s CEO is optimistic about reaching its 2027 financial and strategic objectives.

Prudential's new business profit jumps 45% YoY

Prudential’s CEO is optimistic about reaching its 2027 financial and strategic objectives.

Prudential reels Anette Bronder for newly established role

Bronder will oversee technology and operations, focusing on shaping the organization's target operating models.

Hong Kong’s PA&H insurance sector to reach $28.5b in 2028

This growth was driven by the increased health awareness brought by the pandemic.

HSBC Life tops Hong Kong’s insurance industry in 2023

HSBC Life’s business premium amongst the biggest market share contributors.

AXA HK opens women-centred health facility

In partnership with Chiron Medical Group, the centre offers a wide range of services for women’s health.

Hong Kong’s insurance premiums dip in 2023

Its long-term business witnessed a contraction, whilst its general segment registered growth.

Interest in GBA retirement high, yet insurance needs underscored

An AIA Hong Kong survey showed nearly 40% of the respondents want to retire in GBA cities.

Only a fifth of Hong Kong’s SMEs are insured against income loss

Almost eight of 10 SMEs prefer tailored insurance packages which cover various business risks.

Hong Kong Federation of Insurers leads climate charter amongst industry

33 companies have joined HKFI’s inaugural climate charter.

HSBC Life Hong Kong issues most expensive life insurance policy

The Hong Kong insurer has issued policies worth at least US$50m over the past year.

Prudential expands medical network with UFH in Greater Bay Area

Prudential will directly settle pre-approved medical expenses with UFH upon completion of treatment.

HKIA’s annual report shows push for global centre status

The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.

HK insurance firms willing to invest in tech attract candidates in the sector

Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.

HKIA warns of risks in premiums financing, “double-edged sword”

The authority urges insurers to seek professional advice before premium financing.

Sun Life posts growth in Q4’23, Asia’s individual sales driven by Hong Kong market

Regional office expenses and other factors resulted in a net loss of $12m.

bolttech unveils travel insurance through FWD

Cancellations for any reason is covered by the plan.

Prudential HK makes new appointments in management

Liang Huijia and Cai Mingxiong began their terms last December.