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.
Bupa has introduced an integrated cancer care support system: "Cancer Care" that supports patients who suspect or are given a positive cancer diagnosis to navigate the challenging world of cancer care with more clarity and support.
AIA has announced a new agreement with BlackRock and BNY, as it looks to transforms its investment platform, to support the group's long-term investment programme.
Pan-Asia insurer AIA Group has announced a new agreement with BlackRock and BNY, as AIA transforms its investment platform, to support the Group's long-term investment programme.
More than nine out of 10 (94%) residents in the Greater Bay Area (GBA) have concerns about attaining medical freedom, encompassing worries about high medical costs, a restricted medical network and inadequate access to quality healthcare, according to the "Medical Freedom Survey" released by Prudential Hong Kong yesterday.