Insurance

It has partnered with UMP Healthcare Holdings to expand its reach to clinic services in China.

This collaboration expands retirement solutions in the market.

Higher demand in the mainland prompted this robust growth.

The former agent mishandled and misappropriated premium payments from two policyholders. 

VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.

It grew to $2.14b, year-to-date.

Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.

The chief executive acknowledged the vital role of marine insurance in terms of maritime services.

Plans for home and pet insurance products are in the talks.

Net profits rebounded to $106m.

This collaboration falls under the HKMA’s Industry Project Masters Network (IPMN) scheme.

Metis became CII's first International Professional Partners Firm (IPPF) in the region last year.

The former co-CEO has resigned due to personal reasons.

She will begin her new role beginning 3 October.

Previously, mortgage insurance was only for properties under construction with a property value of up to HK$6m.

The 2008 rainstorm alone generated HK$237m incurred claims.