Hong Kong

Howden appoints Alfred Sham as interim CEO for Hong Kong with Mark Johnson set to depart

January 10 2024

Sham has been with the company since 2013 and will step up as Interim CEO, with Johnson set to move to a major Hong Kong insurer in Spring.

AM Best Affirms ratings for Hong Kong's Hong Leong Insurance amid commercial lines expansion

January 8 2024

AM Best affirms Hong Leong Insurance (Asia) Limited's A- ratings, reflecting strong performance and strategic business initiatives.

S&P withdraws ratings for Chubb Life at company's request

January 5 2024

S&P Global Ratings withdraws 'A+' ratings amid recent organisational restructure.

Hong Kong insurance complaints fall 10% in first nine months of 2023

December 21 2023

Insurance Authority data shows a 10% decrease in overall complaints for the first nine months of 2023, though there was a slight increase in conduct-related cases.

fitch-ratings-affirms-ratings-of-aia-group-amid-36-vnb-increase-in-9m-2023

Fitch affirms ratings of AIA Group amid 36% VNB increase in 9M 2023

December 19 2023

'Very Strong' IFS and IDR ratings affirmed, with pan-Asia Pac insurer seeing significant new business growth, backed by strong investment strategy.

Hong Kong: Swiss Re set to acquire EC policies from liquidated Target Insurance

December 15 2023

Insurance Authority announces transfer of 27 employees' compensation and four contract-all-risk policies, pending final approval.

onedegree-receives-funding-from-dubai-insurance-expands-digital-asset-product-to-uae

Series B boost for OneDegree as insurtech expands digital asset offering in UAE

December 15 2023

Dubai Insurance invests in Hong Kong insurtech against backdrop of increasing regulatory scrutiny on digital assets.

Manjit Singh appointed President of Sun Life Asia

December 12 2023

Singh is EVP and CFO for the Toronto-headquartered insurer and will relocate to Hong Kong for the role.

AM Best affirms China Taiping Insurance (HK)'s ratings with Stable Outlook

December 11 2023

Ratings affirmed with premium growth being driven by motor, marine, and accident & health.

Insurtechs spotlight significance of ESG, data, and health innovations for carriers

December 10 2023

At Insurtech Insights Asia 2023 Insurtechs gave their thoughts on areas of risk and opportunity for insurers.

data-not-ai-models-is-what-will-give-insurers-the-competitive-edge-mckinsey

Data, not AI models, is what will give insurers competitive edge: McKinsey

December 7 2023

"What really sets companies apart is not whether you have this AI model, but how you organise data, harness the insights from the data and bring in third-party data partners," says Enoch Chan at Insurtech...

Enhanced defences and innovative products vital to cyber growth

December 7 2023

At Insurtech Insights Asia, experts contemplated ways to address growing cyber protection gap.

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