Country: Hong Kong Page 56 / 65
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- February 15 2018
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 2018
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 2018
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 2018
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.
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- February 6 2018
FWD Group appoints Ken Lau for Greater China role
He joins from Union Life and will lead FWD in Hong Kong and Macau, and oversee expansion in Greater China.
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- January 30 2018
M&A activity among Hong Kong insurers to remain robust
M&A involving insurers in the city hit US$2.84bn in 2017 and growth is expected to continue this year.
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- January 24 2018
MetLife mulls sale of Hong Kong unit
The New York-based insurer is following in the footsteps of global counterparts Axa and MassMutual in exiting the city.
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- January 22 2018
HK’s FTLife Insurance names new CEO
Gerard Yang, who joined FTLife in 2016, previously worked for MetLife and takes on the chief executive role.
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- January 22 2018
Ping An eyes spinning off four subsidiaries
The units include Lufax, China's biggest online wealth management platform, and Ping An Good Doctor, an online medical platform.
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- January 5 2018
Zurich buys HK telematics startup Bright Box
The company provides smartphone-based cloud technology that links drivers, vehicles and automakers.
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- December 8 2017
ZhongAn takes inspiration from Ping An on insurtech
China’s first and largest online-only issuer says the market is big enough to support both companies' ambitions.
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- December 1 2017
Racing to beat climate change
Insurers are divided on how climate change will affect the industry overall.
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- December 1 2017
FRS opens in Hong Kong and Malaysia
Financial Risk Solutions' two new offices are in Menara Darussalam in Kuala Lumpur and ICC in Hong Kong.
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- November 29 2017
Hong Kong insurers attract buyers seeking M&A-driven growth
US and European insurers look to Asia amid low growth and even lower interest rates, according to new research.
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- November 28 2017
Wesurance to roll out HK’s first AI-powered insurance app
The local insurtech startup says its app and virtual assistant Amy are set for launch next month.
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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.
