A recent survey by business insights company MDRi, has revealed a diverse array of health and medical insurance needs across Hong Kong and Singapore.
The AIA Group is expected to report a 23% year-on-year growth in its value of new business (VONB) for the fourth quarter of 2024, driven by a rebound in China and strong sales in Hong Kong and Singapore, according to UOB KayHian.
Howden Hong Kong has appointed Mr Steve Hutchinson as chief broking officer.
FWD Hong Kong has finalised a long-term bancassurance agreement with Bank SinoPac. This move is being viewed as a strategic one to broaden its market presence among high-net-worth individuals and commercial clients.
FWD Hong Kong has signed a long-term bancassurance agreement with Bank SinoPac, marking a strategic move to broaden its market presence among high-net-worth individuals and commercial clients.
Manulife Asia has signed a three-year exclusive premier sponsorship agreement with the Million Dollar Round Table (MDRT), a global, independent association of the world's leading insurance and financial services professionals from 85 nations and territories and more than 700 companies.
Hong Kong life insurance sales in the first nine months of 2024 set a record mainly driven by local customers. According to Insurance Authority (IA) Hong Kong new life insurance sales in the January -September 2024 period were HKD169.7bn ($21.8bn), the highest since the authority was set up in 2016.
Population ageing presents a multifaceted challenge to society and at the same time creates significant opportunities for the insurance industry in developing the silver economy and narrowing protection gaps.
AXA Hong Kong and Macau (AXA) has launched WealthAhead Savings Plan (the Plan), a new product featuring an ultra-short premium payment term of two years, supporting customers in accelerating their wealth accumulation and establishing long-term savings.
A mental health screening exercise conducted by Hong Kong during the last four months of 2024 found that out of the 11,000 residents examined, nearly 6% needed further psychological testing or care. The exercise was conducted by the government of Hong Kong and was free of cost.