Browsing: Hong Kong

Hong Kong’s insurance industry saw significant growth in 2024, with gross premiums totaling $82.91 billion (HK$637.8 billion), driven by increases in both long-term and general insurance sectors.

Prudential Hong Kong Limited achieved sustained growth in new business throughout 2024, positioning itself as one of Hong Kong’s leading life insurers by annualised premium equivalent (APE) sales.

Insurance industry news about Willis’ new appointment in Hong Kong and Macau

SMEs in Hong Kong and Singapore are increasingly focused on talent acquisition and retention.

Ping An Insurance aims to expand its life insurance and retirement care services in Hong Kong.

CTF Life introduces a new outpatient insurance plan tailored for those traveling between Hong Kong, Macau, and the Greater Bay Area, offering comprehensive medical coverage and innovative healthcare solutions.

China’s largest insurer, Ping An, is exploring strategies to expand its life insurance and retirement care businesses in Hong Kong, according to co-CEO Michael Guo Xiaotao.

Chubb Life Hong Kong has introduced a new critical illness insurance plan, the Serene Care Critical Illness Protector, offering coverage for 144 illnesses and four payment options.

Chubb Life Hong Kong introduces Serene Care, the first basic critical illness plan in the market offering limited premium payment terms.

A recent QBE Insurance survey reveals that despite awareness of risks, a significant portion of Hong Kong’s small and medium-sized enterprises (SMEs) lack adequate insurance coverage, particularly for business interruption.