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High-net-worth
Hong Kong relaxes rules for indexed universal life policies
March 13 2025
Regulatory changes come in response to rising demands from high-net-worth and professional investors.
Charles Monat Associates appoints Teddy Chu as Hong Kong CEO
March 7 2025
Chu succeeds Berry Wong at the life insurance brokerage.
High-net-worth individuals to lead medical insurance expansion in Hong Kong
February 28 2025
Nearly half of Hong Kong's high-net-worth individuals plan to purchase new health policies, significantly outpacing Singapore’s 30%, a survey showed.
FWD Hong Kong, Bank SinoPac forge bancassurance partnership
January 20 2025
Partnership aims to expand FWD's reach in high-net-worth and commercial markets.
2025 outlook: Trump, India, and easing the insurance talent shortage
January 15 2025
The new US President is the biggest unknown this year for Asia Pac insurers but opportunities also exist in India and embedded insurance.
Howden acquires Hong Kong's Storfield Insurance Consultants
November 12 2024
Howden's workforce in Hong Kong has grown to about 200 following the acquisition of the SME and HNW-focused brokerage.
Asia Pac HNWs offer major growth for insurers: Swiss Re
October 9 2024
The region is now home to roughly 30% of the global HNW store of wealth, second in the world only to the US.
Prudential to shut down Hong Kong wealth management unit, Pulse Wealth
May 9 2024
The news, first brought to light by trade publication Pensions & Investments, was confirmed by Prudential in a statement to Reuters.
Chubb promotes Kate Burke to Head of International Personal Lines for APAC
May 1 2024
Burke has been with Chubb since 2017, will lead the strategic expansion of Chubb's APAC personal lines from 1 May 2024.
AIA launches International Wealth arm, opens invitation-only Wealth Centre in Singapore
April 30 2024
AIA targets affluent and high-net-worth market through launch of AIA International Wealth and AIA Wealth Centre.
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