Hong Kong Insurance

On a year-on-year basis, it climbed 12.2%.

The company’s financial performance was mixed in 2023.

33 companies have joined HKFI’s inaugural climate charter.

The Hong Kong insurer has issued policies worth at least US$50m over the past year.

The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.

The roadmap seeks to enlarge insurance firms’ access to other markets amongst others. 

These habits drag down Hong Kongers insurance literacy rate.

Total premiums written and policy fees over the period stood at $157b.

More customers took out their policies in traditional policies in 2020.