Country: Hong Kong Page 49 / 57
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- November 21 2017
New shipowners’ insurance launched in Hong Kong
The Hong Kong China War Risk Syndicate covers marine hulls for acts of war, piracy and other potential dangers.
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- November 17 2017
AIA launches HK’s first blockchain-enabled bancassurance
The technology will cut the time it takes to process insurance applications while improving transparency.
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- November 17 2017
Asia drives Prudential’s new-business profit
Higher sales volumes and a boost from higher interest rates have driven results so far this year.
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- November 15 2017
HK to collect levy from insurance policyholders
The Insurance Authority will start at 0.04% during the first phase and will gradually increase.
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- November 13 2017
Peak Re wins MAS authorisation
The company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore.
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- November 7 2017
Willis Towers Watson hires North Asia P&C consulting lead
Evariste Yeung will head up property and casualty insurance consulting across the region.
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- November 3 2017
HK regulator keen to encourage insurtech
The Insurance Authority has called for innovations that will help to cut premiums paid by customers.
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- October 25 2017
Party committees to be revived in Chinese insurance JVs
The Communist Party is aiming to bring back the formerly inactive committees to extend its representation in business.
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- October 23 2017
AIA’s value of new business hits projections, grows 20%
The performance comes after robust growth in China that made up for slower sales through IFAs in Hong Kong.
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- October 19 2017
John Leung warns of ‘grey rhinos’
CEO of Hong Kong’s Insurance Authority warns the city’s industry that it faces challenges in 2018.
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- October 17 2017
AIG launches Hong Kong cyber products
The insurer is targeting cyber insurance growth as policy requests rise 87% following WannaCry and NotPetya cyber attacks.
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- October 16 2017
AIA, Bangkok Bank renew bancassurance deal
The Hong Kong-based insurer has extended its agreement with the Thai bank for a further 15 years.
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- October 12 2017
HK regulator to fast track online-only insurers
Companies applying to operate online-only insurance firms in Hong Kong can expect faster processing of their applications.
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- October 5 2017
Chubb appoints 5 global executives
Cunqiang Li has been named chief operating officer for Chubb Life, the firm’s international life insurance division.
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- October 5 2017
No IPO plans for Tata AIA Life
AIA’s chief executive officer and president Ng Keng Hooi revealed there was no need to raise fresh funds.
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- September 29 2017
DBS and Chubb ink 15-year regional distribution deal
The bancassurance agreement covers five markets: Singapore, Hong Kong, Taiwan, Indonesia and China.
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- September 25 2017
HK Insurance Authority, UK regulators sign fintech deal
A recent cooperation agreement is seen to spur more fintech activities in the Asian territory.
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- September 25 2017
ZhongAn raises US$1.5bn in HK IPO
China's first internet-only insurer priced its initial public offering at the top of the indicated range.
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- September 22 2017
Hong Kong explores blockchain bancassurance project
China Construction Bank and IBM are aiming to streamline transaction processing and enhance service delivery.
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- September 21 2017
Willis appoints insurance consulting head for HK, Taiwan
Albert Li has been named as head of the insurance consulting and technology business.
