Country: Hong Kong Page 62 / 65
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- April 20 2016
Fubon Life’s Hong Kong subsidiary opens
Hong Kong chief executive Jerry Chou says the local life market still has great potential for further growth.
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- April 15 2016
Future Land bids US$1bn for Dah Sing Life
The bid is part of a plan to sell Hong Kong insurance products to homebuyers in China.
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- April 13 2016
Insurance complaints up 7% in Hong Kong in 2015
The city's insurance industry self-regulator says the number of new complaints last year increased to 647 cases.
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- March 22 2016
AIA to further invest in Asia-Pacific infrastructure projects
Chief executive Mark Tucker says the company is interested in boosting social and economic development in the region.
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- March 18 2016
Chinese customers spent US$4.2bn in HK in 2015
The amount represents roughly a quarter of the total premium income from new life policies in the city.
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- March 15 2016
Prudential, AIA hit by China’s HK sales restriction
China's central bank has tightened restrictions on insurance purchases by mainlanders in Hong Kong.
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- March 14 2016
Zuellig eyes 49% stake in FPG Insurance Thailand
The company says Thailand offers huge potential because of its comparatively low insurance penetration.
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- March 14 2016
Hiscox selling DirectAsia business in HK
The specialty insurer will focus on its operations in Singapore and Thailand, where it sees greater growth opportunities.
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- March 14 2016
Gen Re exits Hong Kong, Melbourne
The Berkshire subsidiary is also shutting offices in Latvia and the US as part of a global reorganisation.
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- March 4 2016
China slowdown prompts Moody’s downgrades
The central government's capability to support insurers on a broad basis could be weaker than previously assessed.
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- February 26 2016
Chinese developer eyes HK’s Dah Sing Life Assurance
Country Garden has joined China Life and other bidders for Dah Sing Financial's insurance arm.
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- February 25 2016
Zurich denies rumours of Singapore, HK sale
The Swiss insurer is not considering the sale of its businesses in the two cities, contrary to market rumours.
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- February 23 2016
Chinese bought US$2.7bn of insurance in HK in 2015
The number of mainland residents buying insurance products and services in Hong Kong continues to grow.
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- February 5 2016
China takes aim at Hong Kong offshoring practice
The government is concerned that purchases of insurance in Hong Kong are being used to move money offshore.
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- February 5 2016
Dah Sing’s US$1bn insurance asset lures Chinese firms
More than 20 Chinese property developers and other firms have shown strong interest in bidding.
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- February 4 2016
China caps Hong Kong insurance purchases
Foreign exchange regulator is stepping up administrative measures to slow capital outflows.
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- February 1 2016
Andrew Barrowman joins JLT as Hong Kong head
He moves to the role from JLT Australia, where he was head of specialty, servicing clients across multiple lines.
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- January 27 2016
Chubb names country heads for HK, Singapore, Korea
The announcement is part of a re-branding after the acquisition by ACE, which closed this month.
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- January 26 2016
New rules threaten Hong Kong life insurers’ growth
More stringent underwriting rules are likely to reduce the life insurers' growth momentum, says Fitch.
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- January 22 2016
S&P assigns A+ rating to Metlife Hong Kong
Standard & Poor's has assigned an "A+" rating with stable outlook to MetLife Hong Kong,
