Financial regulators, including IA, launch Anti-Scam Consumer Protection Charter 2.0 which outlines expectations on industry to help minimise digital fraud.
Moncreiffe ascends from CEO of HSBC Life Hong Kong, which under his leadership set US$250m world record life policy in February and maintained its top spot for new business premiums in 2023.
HK-headquartered reinsurer records significant turnaround from US$261m loss in 2022, according to unaudited figures from its parent company's annual results.
Memorandum of Understanding covers areas including case referrals, joint investigations, mutual investigative assistance, and the exchange of information
HKO predicts 'normal to above normal' frequency and warns of high temperatures, following year where Super Typhoon Saola and severe flooding resulted in HK$2.26bn (US$287.1m) in insurance claims.
