Insurance
AXA launches digital insurance with Ant Bank, AlipayHK tie-up
AXA launches digital insurance with Ant Bank, AlipayHK tie-up
It will use AXA’s portfolio and Ant Bank and AlipayHK’s “E-wallet X Digital Bank”.
Prudential debuts wellness support for children
The platform was introduced alongside Prudential Entrust Multi-Currency Plan.
HKIA sets 6% illustration rate cap on HKD policies
Caps apply only to internal rate of return used in benefit illustrations at the point of sale.
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
Prudential adopts NFC tech for faster client onboarding
The e-KYC will be integrated into PRUSubmit.
FuSure Reinsurance obtains Composite License from Hong Kong
The company is also exploring health, auto, pet, cybersecurity, and liability insurance.
Prudential net profit rises 41.1% to $2.4b in FY 2024
EPS stood at $0.897.
Manulife partners with Prosper Health for cancer medication access
Eligible customers will have access to Manulife’s Personalised Medical Case Managers.
65% of Hong Kong SMEs lack business interruption coverage
Rising property rental prices remained top concern for the second consecutive year.
Bowtie expands VHIS benefits with histotripsy at Gleneagles
The hospital is also “Asia's first private hospital to offer Histotripsy treatment”.
AIA’s sees profit surge of 81.2% YoY in FY 2024
EPS stood at $0.62.
MSIG USA expands political risk insurance with Asia partnership
This combines MSIG USA’s underwriting expertise with regional market knowledge.
Prudential makes leadership appointments in Hong Kong
A chief risk officer and general counsel were appointed.
KoverNow, Aristo Watch partner for luxury timepieces coverage
The insurer also offers plans for jewellery and handbags.
Ping An, Collinson International ink deal for flight delay benefit
Customers are granted access to the lounge or a chosen benefit.
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
How financially prepared are Gen Alpha parents in Hong Kong?
Only 33% have concrete financial plans, whilst 18% have not started planning at all.
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