The insurtech attributes achievement to its tech-first approach and positive performance of flagship offerings, such as digital assets protection and pet insurance.
The combined impact of HK RBC and IFRS 17 has led to an improvement in: product mix, economic valuation, and corporate governance by insurers, says Chow Tai Fook CFO.
Majority of losses come from motor line, with Office of the Insurance Commission announcing new disaster management measures to expedite industry response to floods.
