Insurance
FWD Group revives Hong Kong IPO plans: Report
The insurer could aim for a valuation of up to $9b in an IPO.
FWD Group revives Hong Kong IPO plans: Report
The insurer could aim for a valuation of up to $9b in an IPO.
Hong Kong's EV insurance market to grow 30% by 2026
Rising EV popularity will drive demand growth for insurance.
Life insurance reaches new high in Hong Kong
This marked a 57% year-on-year in annualised new premiums.
HK warns against fake free insurance ads
The circulating ad even featured a government Dep’t logo.
HK insurers’ Q1 premiums mounts $22b in premiums
On a year-on-year basis, it climbed 12.2%.
Hong Kong Investors wary of insurer growth divergence
IFRS 17 tends to undervalue savings contracts, Jefferies noted.
Prudential Hong Kong forms alliance with 7 local hospitals
This partnership aims to build a healthcare ecosystem in Hong Kong.
AIA's new headquarters to house 1,800 employees
The campus also has an indoor running track.
Manulife, Mind HK launch anti-stigma campaign
The two-year partnership will begin with four programmes to launch in 2024.
Hong Kong imposes 14-year license ban on ex-Prudential agent
The agent scammed policyholders to transfer RMB2.35m into his bank account.
Disappointing 1Q'24 dampens Prudential's outlook: Jefferies
Jefferies reduced its price target by 22%.
Prudential ceases Hong Kong wealth business
It also closed down its wealth management platform in S’pore back in September.
Sun Life unveils new ESG-focused critical illness plan
The plan covers 188 illnesses and 38 complex surgeries.
HKIA welcomes World Bank’s second Cat bond, worth $150m
It will offer coverage against storm risks in Jamaica.
Hang Seng upgrades annuity plan
Only 22% of professionals felt confident about their retirement funds.Â
Pacific Prime and MixCare partner for employee wellness in HK
Pacific Prime's customers will now have access to MixCare's platform.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.