Country: Hong Kong Page 61 / 66
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- March 27 2017
Chubb appoints Hong Kong life head
Michael Ho joins from Prudential as head of life insurance division Chubb Life in Hong Kong.
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- March 22 2017
Hong Kong Life sold for US$914m
First Origin International, a Hong Kong-based investment firm, has paid HK$7.1b for the city's 10th-biggest insurer.
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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.
