Insurance
Hong Kong Insurance Authority sets 50% cap on broker referral fees
Hong Kong Insurance Authority sets 50% cap on broker referral fees
The HKIA warned that excessive referral fees could mask commission rebates.
Prudential Hong Kong posts fourth quarter of double-digit APE growth
New Business Profit (NBP) rose 16% YoY.
Prudential posts 7% rise in H1 2025 profit to $1.4b
Earnings per share rose 12% to 49.3 cents.
AIA net profit falls 23.5% in H1 2025
The insurer also reported a 14% YoY increase in value of new business.
HKIA launches AI cohort programme with seven insurers
A survey of more than 110 insurers showed 20% already have AI adoption strategies.
FWD Hong Kong introduces One&All insurance plan with tiered benefits
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation.
AXA Hong Kong and Macau unveil typhoon parametric cover for MOTOGO members
It also unveiled a travel insurance coverage of up to $38,220.21.
FWD Group launches Hong Kong lounge under FWD Private brand
The HNW platform now operates across three jurisdictions.
Prudential Hong Kong appoints three new executives to ExCo
They all report to CEO Lawrence Lam.
FWD Hong Kong offers new IUL policy with uncapped index tie
Hong Kong ranks first in Asia in wealth per adult.
HK life insurance booms amidst regulatory reforms
There has been a surge in sales made by both banks and smaller insurers.
AXA Hong Kong and Macau unveils cross-border health management
The network includes over 500 doctors and 30 specialist services.
HKIA issues guidance on intermediary pay for long-term policies
The HKIA expects insurers to ensure intermediaries provide both pre-contract advice.
Mox Bank enters insurance with QBE tie-up in Hong Kong
The first offering is “Personal Accident Cushion,” a general insurance product.
HSBC Life posts 21.5% share of new premiums in Q1 2025
The insurer wrote over HK$20b in new business premiums during the period.
Hong Kong insurance premiums hit $28.6b in Q1 2025
This was driven by robust growth in both long-term and general insurance business.
Mainland Chinese deposits surge as Hong Kong insurers gain
End-2024, Hong Kong’s MCV insurance market reached HK$62.5b (US$8b).
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