Natural catastrophes jumped by five places to become the top risk named by businesses in Hong Kong, according to the Allianz Risk Barometer 2024, the 13th edition to date.
FWD Group Holdings (FWD) has announced the expansion of its award-winning financial literacy programme, JA SparktheDream, in Vietnam.
Following the recent launch of its new brand, Chow Tai Fook Life Insurance Co (CTF Life) has launched its new Prime Treasure Savings Insurance Plan (Prime Treasure).
The Insurance Authority (IA) has announced that it would start charging fees for processing insurance intermediary licence applications and related notifications from 23 September 2024 onwards.
The Insurance Authority (IA) has invoked powers under the Insurance Ordinance (IO) to appoint managers to take full control of the affairs and property of Tahoe Life Insurance Company, the regulator said in a statement on 26 July 2024.
Hong Kong's FTLife Insurance Company has rebranded itself to Chow Tai Fook Life Insurance Company (CTF Life) to leverage the resources of its parent company Chow Tai Fook Group and provide quality lifestyle experiences and create value beyond insurance.
HSBC has appointed Ms Daisy Tsang as CEO of HSBC Life Hong Kong, effective 1 August 2024 and subject to regulatory approval. HSBC Life Hong Kong refers to HSBC Insurance (Asia) Limited and HSBC Life (International) Limited.
More than half of Hong Kong employees (52%) are struggling with their finances, according to the new survey by WTW, a leading global advisory, broking and solutions company.
Peak Re has appointed Mr David Menezes as chief risk officer. His responsibilities include ensuring regulatory and legal compliance, a comprehensive understanding of risks and exposures and safeguarding the company's financial strength. He joined Peak Re in 2016 and has been serving as deputy chief risk officer since 2022.
Pan-Asian life insurer FWD was ranked number six in the 2024 Million Dollar Round Table (MDRT) top 10 multinational companies rankings, for the third consecutive year.