The six NGOs are the Red Cross Blood Transfusion Service, Junior Achievement, Hong Kong Federation of Youth Groups, Time Auction, KELY Support Group, and Tung Wah Group of Hospitals.
Bima Vistaar is an innovative insurance product which combines property, life, and health insurance into a single policy and which has on user-friendly terms and digital verifications.
Effective September 29th, 2023, the responsibility of the Life Insurance Code of Practice will transition from the Financial Services Council (FSC) to CALI.
The US$830m investment aims to capitalise on China's growing elderly care sector, but comes at a time when the segment is undergoing regulatory change and increased scrutiny.
The Wall Street Journal reports that James Turner resigned amidst a conflict of interest involving the hiring of a relative of a senior official at Hong Kong's Insurance Authority.
The introduction of the new accounting standard has led to a sharp increase in reported profits, particularly for P&C insurers —leading to concerns about valuations.
