Insurance
Hong Kong’s insurance market to hit $127b by 2032
Hong Kong’s insurance market to hit $127b by 2032
The city’s insurance penetration remains amongst the highest globally.
FWD refiles for Hong Kong IPO
The updated Application Proof will be made available on the HKEX website.
Hong Kong travellers boost insurance uptake on personal safety concerns
Notably, the fear of losing travel documents is higher.
FWD launches cross-border medical plans amidst rising demand in GBA
Nearly a third of residents have sought treatment in China.
Zurich, HTHK launch SIM plans with travel insurance for GBA trips
The promo is available to SoSIM users.
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases.
MoneyHero launches integrated car insurance platform with bolttech
The new service allows customers to compare real-time quotes.
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”.
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