The upgrade to 'AA' reflects S&P's view that Sun Life will maintain strong capital support for its Hong Kong unit as it expands through agency, broker, and digital channels.
Ralph Sherbahn leads MGA's Hong Kong business, which launches with AXA XL capacity and a focus on lines including cyber, D&O, and professional liability.
The centre, which replaces the insurer's former Causeway Bay facility, offers services on trusts, tax, legal structures, family offices, and succession planning.
Marking its 60th anniversary this year, the company reported its most recent cumulative insured business exceeding HK$2.45 trillion (US$313bn), encompassing over 200 markets globally.
Insurance Authority says the five-insurer facility, which covers 10 mainland-owned vessels, draws on local market familiarity with Chinese shipping groups to deliver more tailored underwriting than London...
Han is currently the government relations director at Prudential HK, while Spence is the SVP for client strategy and relationship management at Lockton.