Hong Kong

“Spiral of risk”: Marine insurers face rising costs and fragmentation as geopolitics exacerbate risks

June 6 2024

Geopolitical conflicts and sanctions are driving up marine insurance costs and causing industry fragmentation.

aigs-ivan-ho-promoted-to-head-of-casualty-for-hong-kong-amp-macau

AIG's Ivan Ho promoted to Head of Casualty for Hong Kong & Macau

June 5 2024

Ho elevated from his Singapore-based role as Environmental Underwriting Lead, Asia Pacific.

hong-kongs-direct-general-insurance-segment-sees-underwriting-profits-rise-61-8-in-q1-2024

Hong Kong's direct GI underwriting profits up 61.8% in Q1

June 3 2024

HK's direct general insurance segment sees underwriting profits rise to HK$625m (US$80m), but property line sees doubling of gross claims paid.

Bowtie celebrates fifth anniversary with top 10 Hong Kong life insurer milestone

May 31 2024

HK's first virtual insurer marks fifth anniversary ranking tenth in new individual paid policies, according to Q4 2023 Insurance Authority data.

msig-hk-to-focus-on-growth-in-group-medical-financial-and-engineering-lines-sampp

MSIG HK to focus on growth in group medical, financial, and engineering lines: S&P Global

May 30 2024

S&P affirms Hong Kong insurer's A+ financial strength rating, expecting explicit support from Mitsui Sumitomo Insurance to continue.

FuSure's ratings affirmed as reinsurer eyes broader product range and geographic expansion

May 25 2024

Reinsurer's 'A-' ratings affirmed by AM Best, backed by Tencent's strong support.

New executive directors for general and long term business appointed at Insurance Authority

May 24 2024

MM Lee has been appointed Executive Director of General Business and Marty Lui as Executive Director of Long Term Business at the HKIA.

arte-generali-to-provide-eur-250-m-capacity-for-hk-art-collectors

Generali to provide €250 million in capacity for Hong Kong’s art collectors

May 23 2024

ARTE Generali will bring "significant" capacity to Hong Kong, placing Italian insurer in the top quartile for the market, CEO Jean Gazançon tells (Re)in Asia.

insurance-authority-issues-warning-about-unlicensed-life-insurance-sales-to-mainland-china-visitors

Insurance Authority issues broker warning about unlicensed life insurance sales to Mainland China Visitors

May 22 2024

Hong Kong IA issues circular warning it has "no tolerance" on issue of unlicensed insurance referrals for Mainland China visitors.

generali-hk-partners-with-ngo-and-school-to-help-support-over-50-vulnerable-families

Generali HK partners with NGO and school to help support vulnerable families

May 10 2024

Generali Hong Kong partners with OneSky and Kowloon Tong School in social initiative to help over 50 families.

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