Hong Kong's insurance sector is expected to face claims of HK$2.6bn ($334m) related to the deadly fire that broke out on 26 November in a large housing estate, Wang Fuk Court, in Tai Po that has claimed at least 75 lives and razed seven buildings.
AIA Hong Kong & Macau has launched its new "On Your Side" Critical Illness Protection Series products, offering customers flexible and caring health protection solutions tailored to the diverse needs across different life stages.
Guangdong has signalled stronger support for cross-border retirement finance in the Greater Bay Area, outlining measures to deepen cooperation with Hong Kong and Macau and to advance insurance-market connectivity across the region.
Chubb Life Hong Kong has introduced the Side by Side Dementia Insurance Plan, which it says is the city's first standalone insurance policy specifically designed to support individuals diagnosed with dementia and their caregivers.
Prudential Hong Kong has expanded its partnership with IHH Healthcare North Asia to include additional medical facilities in Hong Kong and mainland China.
These are the highlights for events and updates across the insurance industry this week.
The Insurance Authority (IA) of Hong Kong has launched a Whitepaper on Federated Learning and unlocking Innovation in the insurance sector. IA plans to propagate balanced regulation and development and foster resilience and sustainability.
CTF Life has partnered with Gleneagles Hospital Hong Kong, CUHK Medical Centre, and Hong Kong Baptist Hospital to boost its medical service network.
Hong Kong's insurance regulator, the Insurance Authority (IA), released provisional statistics for 1H2025, with total gross premiums reaching HK$423.4bn ($54.5bn).
JD.com has officially entered Hong Kong's insurance industry after its subsidiary, Jingda HK Trading Co Ltd received an insurance brokerage licence from the Insurance Authority on 14 October, according to information from the regulator's website on 23 October.