Country: Hong Kong Page 61 / 66
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- June 19 2017
CIRC vows to continue crackdown on HK sales
Illegal sales have led to asset outflows and aid money-laundering, according to the regulator.
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- June 15 2017
Increasing HK healthcare costs boost insurance sales
The number of private and personal health insurance plans rose by more than 300,000 in 2015.
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- June 13 2017
New HK regulator vows to work on cross-border supervision
The Hong Kong Insurance Authority is expected to work hand in hand with its counterpart from mainland China.
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- June 12 2017
Hong Kong, overseas firms seek China entry
Among those making a beeline into the mainland market is FWD Hong Kong, which has applied for a life insurance licence.
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- June 7 2017
Hong Kong’s Astri expands cyber coverage to insurers
The Applied Science and Technology Research Institute is in talks to provide an insurance cybersecurity network.
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- June 7 2017
Willis Towers Watson appoints regional head of investments
Based in Tokyo, Taro Ogai will succeed Naomi Denning, who will be leaving the company.
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- May 22 2017
PICC plans US$2bn share sale in mainland China
The sale comes more than four years after its subsidiary went public in Hong Kong through a US$3.1bn offering.
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- April 28 2017
AIA delivers record new business performance
The value of new business grew to US$884m during the three months ending February 28, up 55% from last year.
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- April 21 2017
Hong Kong plays catch-up with Singapore
The city is facing a serious challenge and is lagging behind its competitors in many areas. Can China come to its rescue?
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- April 21 2017
Uber Hong Kong closes insurance gap
An official from the ride-hailing firm says it has secured protection for its drivers in the city.
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- April 19 2017
HK suppresses data on mainlanders’ insurance purchases
Hong Kong’s insurance regulator has stopped releasing the figures “to avoid the public misinterpreting the statistics”.
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- March 31 2017
Manulife names Asia head as global president
Roy Gori, the former Citi banker who joined the Canadian insurer just two years ago, has been appointed global president.
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- March 30 2017
Chinese JV acquires Standard Life Asia
Heng An Standard Life Insurance has acquired the Hong Kong arm of British insurer Standard Life.
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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.
