Friday, January 19, 2018

Hong Kong

Hong Kong’s Now Health International acquires Best Doctors Insurance

Hong Kong’s Now Health International acquires Best Doctors Insurance

Acquisition creates one of the largest international private medical insurance (IPMI) providers in the world.

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Hong Kong official calls for establishment of insurance authority

Hong Kong official calls for establishment of insurance authority

Statutory licensing regime for insurance salesmen also called for.

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AXA launching units in Singapore, Hong Kong and Shanghai

Data Innovation Lab in Singapore to conduct R&D work using data analytics.

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Sales of investment-linked assurance products fall 42% in Q1

Sales of investment-linked assurance products fall 42% in Q1

Sales plunge dramatically after Hong Kong regulators tightened rules in January.

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ACE establishes new team to focuses on Hong Kong SMEs

ACE establishes new team to focuses on Hong Kong SMEs

Multiline insurer also appoints Joseph Lee as senior business development manager for the Commercial Lines team in HK.

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Hong Kong tops table of health insurance premiums among expats

Hong Kong tops table of health insurance premiums among expats

High cost of living, rising healthcare costs, and high volume of plans purchased attributed, according to a report.

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Peak Re makes good underwriting progress in 2014

Peak Re makes good underwriting progress in 2014

After-tax profits came in at US$42 million.

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BPL reshuffles Asia-Pacific leadership

BPL reshuffles Asia-Pacific leadership

Peter Gilbert’s move to Singapore aimed at helping service BPL’s base of banks and corporates, and develop new markets and clients.

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HK doctors claim new health insurance scheme financially unsustainable

HK doctors claim new health insurance scheme financially unsustainable

The scheme aims to encourage Hong Kong residents to buy health insurance and switch to private doctors.

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Hong Kong’s property insurer SHKPI gets ratings affirmation

Hong Kong’s property insurer SHKPI gets ratings affirmation

Sun Hung Kai Properties Insurance Limited (SHKPI), a wholly-owned subsidiary of Sun Hung Kai Properties (SHKP) Ltd receives financial strength rating of A (Excellent).

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