Insurance

AIA appoints former HSBC insurance chief as regional CEO

Edward Moncreiffe will oversee operations in India and three other markets.
1 day ago

Hong Kong insurance premiums jump 36% to $73b in H1 2026

New business sales climbed 58.4% to $35.1b in the first half of 2026.
1 day ago

Ping An Good Doctor profit rises 35% amidst AI healthcare push

Nearly 13 million people used its digital physician service during the first nine months.
2 days ago

Hong Kong expands ILS market as PICC launches first sidecar

The $12m arrangement covers property insurance for offshore wind farms on the mainland.

Hong Kong insurance regulator bars six over $930,000 payments

The intermediaries breached internal controls by helping customers falsely declare who purchased their bank drafts.

Hong Kong records first insurance sidecar issuance worth $12m

The issuance was made through Great Wall Re Limited.

FWD launches illness insurance amidst push for clearer claims

Customers will receive the more favourable disease definition when policy terms differ from industry standards.

Hong Kong’s first reinsurance sidecar issued at $94m by mainland PICC

The sidecar covers reinsurance for offshore windfarm property insurance in mainland China.

HSBC Life expands cross-border healthcare with four new lounges

Policyholders in Hong Kong and mainland China can access appointment and medical escort services.

AIA launches lifetime annuity amidst Hong Kong retirement gap

It provides guaranteed monthly payments alongside potential dividends and flexible beneficiary arrangements.

Mox Bank offers QBE-backed home insurance through banking app

Renters and landlords can access protection for household belongings and property structures.

AIA and Chi Longevity tackle wealthy clients' ageing concerns

The partnership will establish a dedicated centre in Hong Kong later this year.

CTF Life, HKMCA team up to tackle retirement risks

The collaboration will introduce financial education programmes and customer engagement events.

Chubb Life Hong Kong unveils multi-currency legacy plan

Policyowners can name up to 5 interim owners, successor owners, and successor insured each.

FWD pays $2.5m penalty over anti-money laundering failures

IA inspection uncovered gaps in third-party payor checks and customer due diligence.

Prudential targets GBA travel with new short-haul cover

Hong Kong resident departures to Shenzhen topped 45.7 million in the first half of 2026.