Country: Hong Kong Page 1 / 35
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- September 14 2021
Falcon GM to join Hong Leong Insurance in Hong Kong – sources
IAN understands that Cody Hui is making the switch with Furmen Chiu set to join Falcon.
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- September 13 2021
HK’s temporary facilitative measures extended to March 2022
The HKIA's exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.
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- September 1 2021
HKIA signs fintech MoUs with China and Macau
The agreement is part of a wider integration push across the Greater Bay Area promoting financial connectivity.
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- August 31 2021
Hong Kong’s H1 GWP falls 2.2% to US$39.5bn
HKIA says general insurance underwriting profits improved from US$80m to US$102m in the first half of the year.
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- August 30 2021
Insurtech OneDegree raises US$28m and targets China, Singapore
The virtual insurer plans to move into human health and digital asset insurance and has global ambitions.
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- August 30 2021
Swiss Re CorSo’s former North Asia property head resigns
IAN understands that Vivian Zee is leaving next month while Gracie Qin is relocating to Hong Kong.
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- August 25 2021
HKIA report identifies US$880bn mortality protection gap
The findings translate to HK$1.9m per working adult -- around 5.7 times the average annual income.
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- August 25 2021
Peak Re sees H1 2021 GWP dip as profits rise
The Hong Kong-based reinsurer’s underwriting improved due to “portfolio adjustments” and “continued rate hardening in major markets”.
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- August 23 2021
Generali’s Wong to join Falcon in Hong Kong – sources
Senior casualty manager Pinky Wong is set to replace Gavin Mark at the Hong Kong insurer, the sources said.
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- August 18 2021
Manulife Hong Kong and Macau H1 profits jump 16%
The life insurer's earnings hit US$420m for the first six months of the year on the back of strong results in its pension business.
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- August 17 2021
Lloyd’s open to more coverholders in Asia
Hong Kong has welcomed three new coverholders in the last 12 months, according to an August 17 webinar.
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- August 17 2021
AIA sees robust first half performance across Asia
New business grew in all regional markets except Hong Kong as Covid-19 travel restrictions continue to bite.
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- August 16 2021
Gallagher’s US$3.25bn Willis Re deal now includes China and Hong Kong, says CEO
The US broker will take on about 2,200 Willis Re reinsurance staff across the globe.
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- August 5 2021
Cyber insurance pricing hardens as attacks escalate
Lloyd's webinar told that cyber cover has been underpriced for many years.
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- August 5 2021
CBIRC extends capital rules for ceding reinsurance to Hong Kong
China regulator says the policy can help the SAR become a global risk management centre.
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- August 4 2021
Sun Life appoints trio to strengthen Asia digital team
Cassandra White, Darren Pigg, Aneesh Chaudhry all take on senior leadership roles.
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- August 3 2021
Singapore syndicates and UK-based MGAs eye Australia
Lloyd's webinar highlights strong rate increases in D&O and PI lines down under.
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- August 3 2021
Axa XL helps spark Axa H1 2021 profit jump
In Asia, the wider group's underlying profit was €658m compared with €685m in H1 2020.
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- July 30 2021
Insurtech fund-raising hits US$7.4bn in H1 2021
WTW report shows the first half of the year has surpassed 2020's total of US$7.1bn.
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- July 29 2021
Peak Re to acquire remaining 50% of Caribbean insurer Nagico
The Hong Kong-based reinsurer acquired its initial stake in 2016.
