Country: Hong Kong Page 54 / 59
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- March 13 2017
Hong Kong told to develop incentives for reinsurers
Insurers and brokers are moving their businesses to Singapore where economics of scale and tax benefits are preferable.
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- March 6 2017
IMG acquires ALC Health
The global benefits and assistance services provider has acquired UK-based à la carte healthcare.
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- March 6 2017
China consortium joins bid for Hong Kong Life Insurance
The consortium will be up against China’s state-owned Yue Xiu in a deal valued at more than US$700m.
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- February 23 2017
Sun Life Financial appoints Hong Kong CEO
Fabien Jeudy will be responsible for growing operations across life and health, wealth management and pensions.
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- February 13 2017
Manulife HK sales jump 11%
Sterling results of insurance and wealth and asset management businesses drove the results.
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- February 10 2017
Willis Towers Watson hires regional strategy head
Angelini is tasked with leading the company's expansion into wider strategy consulting services.
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- January 24 2017
Generali appoints Asia head
Roberto Leonardi will be responsible for managing the P&C and life insurance businesses in Asia.
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- January 20 2017
Allianz and StanChart sign 15-year bancassurance deal
The agreement gives access to the bank's retail clients in Hong Kong, Singapore, Malaysia, Indonesia and China.
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- January 6 2017
HK insurers wince as China adds more FX restrictions
Authorities have taken new steps to prevent mainland customers buying insurance products in the city.
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- January 6 2017
Mixed reaction to Hong Kong’s health insurance scheme
The dropping of guaranteed acceptance and a high-risk pool has caused controversy in the industry.
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- December 20 2016
Hong Kong caps insurance purchases of Chinese residents
Authorities roll out a series of curbs to control insurance-related outflows.
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- December 2 2016
Hong Kong’s popularity grows for mainland insurance buyers
The city remains a top attraction for wealthy Chinese who want to get their cash out of the country.
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- December 2 2016
Mainlanders’ spending on HK insurance doubles
A total of US$6.3b was spent on Hong Kong insurance products during the first nine months of the year.
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- November 18 2016
Peak Re appoints head of life and health
Christopher Lee will oversee the company’s life and health reinsurance business, including medical.
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- November 9 2016
MetLife appoints new HK chief executive
Formerly at Allianz Taiwan Life Insurance, Lee Wood will lead MetLife's business in Hong Kong.
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- November 7 2016
HK regulator optimistic despite Beijing restrictions
Independent Insurance Authority sees demand remaining strong because of high quality of products.
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- October 31 2016
Ping An Insurance’s 3Q profit up 15%
The company recorded a 15% increase in its net profit for the third quarter on the back of strong insurance sales.
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- October 17 2016
AIA Group posts 25% quarterly growth of new business
The insurer has benefited from a rush of mainland Chinese visitors buying insurance in Hong Kong.
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- October 7 2016
Insurer powers Formula E debut in Hong Kong
The data-crunching expertise of an insurance company will be helping two of the Formula E cars in Hong Kong this weekend.
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- September 27 2016
Munich Re scales back HK office, expands in Beijing
The reinsurer also intends to expand its office in Singapore as part of an effort to reorganise its business.