The Chinese insurance industry is looking out for the next moves of regulators relating to cross-border financial transactions after eight government agencies jointly issued the "Implementation Plan for Comprehensive Rectification of Illegal Cross-border Securities, Futures and Fund Operations".
Manulife Hong Kong and Macau has appointed Mr Wilton Kee as CEO, effective 1 July 2026 and subject to regulatory approval.
LIMRA and Prudential plc have signed a new memorandum of understanding (MOU), marking the next phase of a longstanding collaboration focused on supporting a future-ready agency team across Prudential's markets in Asia.
Howden has announced a leadership transition in its Hong Kong business, effective 1 July 2026.
FWD Hong Kong has reported new business single premium surge of nearly 70% in 2025, ranking third in Hong Kong Solidifies position as a top five pan-Asian insurer in Hong Kong
HSBC and HSBC Life have signed a memorandum of understanding with Humansa, a healthcare and wellness brand focused on extending the human healthspan using preventative medicine, diagnostics, and lifestyle solutions.
The Insurance Authority (IA) of Hong Kong has published consultation conclusions on proposed amendments to the Insurance (Valuation and Capital) Rules under Hong Kong's Risk-based Capital (RBC) regime. The move aims to encourage insurers to increase their investment in infrastructure projects while preserving financial stability safeguards.
Hong Kong recorded 9,427 fraud cases in the first quarter, with total losses reaching HK$1.85bn ($236m), an increase of 18.6% y-o-y, according to police data. Elderly residents were disproportionately affected, with both victim numbers and financial losses seeing a sharp rise, largely due to investment scams.
Hong Kong's private medical insurance market registered an increase of over 60% in overall medical expenditure from 2019 to 2023, according to a new report by the Hong Kong Federation of Insurers (HKFI).
The Hong Kong Federation of Insurers (HKFI) has announced the constitution of its Governing Committee for the term 2026 - 2027.