Insurance
Mox Bank enters insurance with QBE tie-up in Hong Kong
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).
MSIG Insurance settles $44.33m in claims across Hong Kong, Macau
The company received only nine complaints during the year.
HMG, MediConCen to develop medical claims digitalisation
Enhancing efficient medical claims process as well as detection framework.
HKIA and peers unveil Charter 3.0 to strengthen scam defence
It brings together financial regulators, technology and telecommunications companies.
AIA launches GlobalFlexi plan with 6.5% return potential
The plan also includes a Health Impairment Option, a first in the market.
Prudential launches phase three of share buyback on 1 July
It is expected to be completed no later than 24 December.
FWD Group prices Hong Kong IPO at $4.84 for 7 July debut
The offering is expected to raise $445m.
Resolution Life seals first Hong Kong reinsurance deal worth $1b
The deal covers a portfolio of in-force participating whole life and annuity policies.
Howden Re launches reinsurance broking unit in Hong Kong
A managing director has been appointed to lead the treaty reinsurance operations.
Prudential adds former Swiss Re CIO Guido Fürer to board
Meanwhile, Amy Yip will step down from the Board on 31 October.
Prudential adds pet protection to travel insurance suite
The enhanced plan offers up to $1,300 (HK$10,000) for overseas pet medical costs.
YAS deploys AI to adjust premiums for Hong Kong taxis
It will initially cover around 1,000 hybrid and electric taxis.
FWD Group to offer 91.34m shares in HK listing
It’s priced at HK$38.00 (US$4.84) apiece.
AIA Hong Kong unveils life plan for HNWIs with 5.05% internal return rate
Policyholders also gain access to AIA Club Alta.
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