Hong Kong

It also introduced five new long-term insurance and wealth management services.

33 companies have joined HKFI’s inaugural climate charter.

The insurer suggests tax deductions for insurance premiums to incentivise individuals to prioritise health protection.

The insurer’s modest capital size presents vulnerabilities, assessed S&P Global.

The finance secretary also promises to transform into a global hub for supply chain management, thus ensuring coverage by an export credit insurance corporation.

The Hong Kong insurer has issued policies worth at least US$50m over the past year.

The ratings agency said Dinghe Insurance’s limited market share outside of CSG's business is seen as a weakness.

Prudential will directly settle pre-approved medical expenses with UFH upon completion of treatment.

The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.

The website also now features sustainability-related data, regulations, news, events, training, and internship opportunities. 

Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.

The authority urges insurers to seek professional advice before premium financing.

Cancellations for any reason is covered by the plan.

Liang Huijia and Cai Mingxiong began their terms last December.

This initiative hopes to improve the legal regime of the industry in Hong Kong.

The insurer will likely maintain a large holding of high-risk assets for better yield.