Hong Kong

MixCare Health targets regional expansion with wellness offerings

March 25 2024

MixCare is set to expand its preventive wellness platform across Southeast Asia, aiming to help insurers fill gaps in the region's underpenetrated market.

ping-an-eyes-hka-and-gba-expansion-amid-growing-market-opportunities-report

Ping An eyes HK and GBA expansion amid growing market opportunities - report

March 24 2024

Amid 2023 dip in net profit, co-CEO Michael Guo Xiaotao tells the SCMP that GBA, including Hong Kong, is a focus for future growth.

insurance-agent-banned-for-15-months-over-for-falsifying-documents

Hong Kong Insurance agent banned for 15 months for falsifying documents

March 21 2024

Document and signature falsification results in a rescinded policy, leaving client without coverage after the life insured's death.

Hong Kong rebound fuels Prudential's 45% rise in new business profit

March 20 2024

Prudential 2023 financials reveal strong rebound, driven by Hong Kong's market and strategic Asia and Africa expansion.

prudential-names-anette-bronder-chief-technology-amp-operations-officer

Prudential appoints Anette Bronder to newly created role of Chief Technology & Operations Officer

March 19 2024

Bronder joins from KPMG Switzerland where she is a Partner and her extensive experience includes time as Group Chief operating Officer at Swiss Re.

aia-groups-vonb-soars-33-to-us4-03bn-in-2023

AIA's VONB soars 33% to US$4.03bn in 2023

March 14 2024

Hong Kong leads AIA's value of new business surge, with an 82% increase compared to 2022.

rebekah-khew-named-director-as-marine-mga-adva-specialty-rebrands-to-vivace-asia-pacific

Rebekah Khew named Director as ADVA Specialty rebrands to Vivace Asia Pacific

March 14 2024

The marine and logistics specialty MGA also announce its expansion to North America with launch of Vivace Americas.

FWD Group reports 22% increase in new business value in 2023

March 13 2024

NBV hits US$991m as group achieves operating profit across all four geographic business segments for the first time.

hk-profits-plummeted-in-2023-as-typhoons-medical-costs-and-reserves-collide

HK GI profits plummeted in 2023 as typhoons, medical costs, and reserves collide

March 13 2024

Despite a rise in GWP, 2023 proves challenging with big underwriting hits to accident & health, property, and pecuniary lines of business.

Insurance Authority suspends agent for seven months over unauthorised policy sign-up

March 12 2024

Insurance agent banned for seven months after taking out and paying for policy without client's approval, in a bid to climb sales rankings.

insurance-market-dynamics-show-divergent-trends-across-asia-pac-in-q4-2023-aon

APAC insurance saw diverging market dynamics in Q4 2023: Aon

March 12 2024

From hardening rates in cat-exposed regions to softening financial lines, Q4 market report paints a complex picture of growth, challenges, and shifting dynamics in APAC.

berkley-insurance-asia-rings-in-strategic-changes-as-heidi-zeng-promoted-to-new-head-of-cyber-role

Berkley Insurance Asia rings in strategic promotions as Heidi Zeng appointed to newly created Head of Cyber role

March 11 2024

Owen Yin (pictured middle) appointed as Regional Director for China, taking over responsibilities previously held by Zeng (pictured left), while Jack Zhao (pictured right) will be promoted to the role...

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