HK's Fire Department received 31,111 fire calls in 2022 and the new product aims to help protect residents with cost-effective premiums and a streamlined process.
FWD ranked sixth globally by count of employees who achieved MDRT status and were number two in Thailand and Philippines, Third in Vietnam and fourth in Hong Kong.
Four insurance companies will be penalised for breaching regulations in sale of insurance products through banks, with further investigations planned for 2023.
The offering covers the entire project lifecycle for renewable energy projects, including solar and wind, battery storage, and emerging technologies like hydrogen.
Acko plans to offer a simple and easy-to-understand term insurance product, which guarantees a sum assured in the event of an untimely death, without any return guarantees.