Insurance

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.

Blue Cross expands GBA healthcare access with cross-border partners

Individual and group medical insurance holders can access medical consultations.

Prudential Hong Kong begins accepting claims for histotripsy care

Histotripsy uses focused soundwaves to create microbubbles within a tumour.

FWD Hong Kong adds cross-border care via New Frontier deal

The initiative includes a cashless hospitalisation service.

Bupa Hong Kong expands network with four mainland China partners

The insurer added 69 locations in 10 mainland cities.

SingWealth sets foot in Hong Kong with new insurance brokerage licence

It aims to replicate the financial services model it has established in Singapore.

Hong Kong insurers stay stronger under new reporting standard, HKRBC

Insurers applying for transitional measures are likely to recalibrate their operations.

AXA to re-domicile Bermuda-based insurance unit to Hong Kong

The move will not affect ACRIB’s legal entity, organisational structure, or operations. 

Sun Life debuts IUL product in HK to target wealthy investors

The new product links its indexed account value to the performance of a chosen index.