Country: Hong Kong Page 1 / 10
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- July 5
Hong Kong’s Arbor Ventures backs US$12m fundraising for Planck Re
The Israeli commercial insurance data platform is a pioneer in the use of AI in the commercial insurance industry.
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- June 29
Hong Kong seeks ‘Insurance Connect’ with China
Hong Kong insurance regulators said this week that they are working on the plan with their mainland counterparts.
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- June 28
FWD eyes IPO in Hong Kong
Board chairman Richard Li is said to be laying the groundwork for a potential listing after five years of growth.
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- June 28
Hong Kong, China consider insurance link
A special channel for the marketing, sale and processing of insurance products is being considered.
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- June 28
AXA considers more fintech investments in HK
The French group intends to invest US$25.5m in the city this year as it steps up efforts to promote digitisation.
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- June 4
Hong Kong’s Insurance Authority closes in on new CEO
Clement Cheung, a former Commissioner of Insurance in the city, is expected to be named to the post.
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- May 31
AIA hires chief digital officer
Daisuke Iwase joins from Lifenet Insurance, a listed direct life insurance firm in Japan, where he was president.
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- May 22
China well-poised for further liberalisation
A top official noted that the country has built up strength in the banking and insurance spaces.
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- April 19
APAC bancassurers tap blockchain to improve offerings
Banks in the region continue to leverage the technology to improve and expand their insurance offerings.
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- April 18
HWI taps Jeremy Austen to launch Hong Kong unit
The industry veteran will help establish a new managing general agent in the city, NuVu Underwriting.
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- April 16
Good Doctor targets US$1bn Hong Kong IPO
Ping An will spin off China’s largest health care and online medical platform in early May.
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- March 23
Ping An plans spinoff and listing of four unicorns
Ping An Good Doctor and Lufax are among the startups being slated for initial public offerings.
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- March 21
Financial Risk Solutions opens second Asia office
The unit-linked investment administration and compliance oversight software provider has opened in Hong Kong.
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- March 7
Hong Kong lawmakers to tackle policyholder protection bill
Legislators aim to establish two compensation funds to protect against insurance firm bankruptcies.
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- February 28
AIA’s boosts new business by 28%
The company said that the growth was due to sustained demand in its core markets of Hong Kong and China.
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- February 26
Willis Towers Watson appoints new Hong Kong leadership
Ex-Sun Life Hong Kong CEO Roger Steel becomes managing director for Hong Kong and Macau.
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- February 15
Peak Re says goodbye to IFC
Prudential Financial has acquired IFC's shareholding as the business outgrows its original emerging-market remit.
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- February 14
Rising demand for IPO legal insurance in Hong Kong
New stock market listing rules are set to boost sales for legal insurance to cover liabilities from initial public offerings.
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- February 9
Manulife Hong Kong reports strong 2017 growth
The healthy premium sales were a result of strong market demand for insurance and wealth products.
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- February 6
Ping An Insurance’s units raise US$2.2bn in private financing
Investors in the three tech units included SoftBank, which placed US$400m with Ping An Good Doctor.
