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Hong Kong tag returned 170 results

  • Actuaries in the age of digital distribution

    There is a huge market for insurers tapping into digital distribution channels. The expected non-life premiums from digital distribution channels over the next five years is estimated at $452bn (personal lines at $289bn, commercial lines/insured SMEs at $86bn, commercial lines/uninsured SMEs at $57bn, new products/emerging risks at $20bn).

    AIRPlus | 26 Sep 2018
  • Ensuring the longevity of insurance

    While delivering the keynote address at the 2018 Asian Actuarial Conference recently, Swiss Re Asian head of life and health products Daisy Ning spoke of a problem that is plaguing much of Asia's developed markets - ageing. Asia Insurance Review spoke to Ms Ning to get further insights on the issue, and the steps insurers need to take in the coming years, even as the number of centennials increase.

    AIRPlus | 26 Sep 2018
  • Bupa Hong Kong appoints Stella Sung as new sales and distribution director

    Bupa Hong Kong announced the appointment of Stella Sung as sales and distribution director.

    People | 21 Sep 2018
  • Hong Kong: Typhoon Mangkhut expected to drag insurance industry into the red

    Typhoon Mangkhut's trail of destruction across Hong Kong and south China looks set to escalate Hong Kong-based insurance claims, pushing the industry back into underwriting loss, says S&P Global Ratings. The compounded effects of wind and storm surges will likely drive claims for property damage, business interruption, and autos. Furthermore, the inward reinsurance from Macau will further propel underwriting loss.

    Asia | 20 Sep 2018
  • What's New in the Market

    Here's the low down on everything that's happening within the Insurance industry. Whether it's a new product launch, talent movements, new initiatives or collaborations with the most likely/unlikely partnerships- this is where you stay updated and relevant.

    Agents | 19 Sep 2018
  • 2018 Asian Actuarial Conference - Diversification in investments is key

    The most repeated point during the panel on "Market Outlook and Investment strategy for Insurance Companies" at the 2018 Asian Actuarial Conference was to diversify. "There is no need to concentrate on what you think will work well as there will be surprises down the line," said Conning Asia Pacific's senior portfolio manager, Marc Franklin. Due to the flat interest rates, especially in Japan, he sees an increasing volatility in financial assets.

    Asia | 19 Sep 2018
  • 2018 Asian Actuarial Conference - Hong Kong insurance industry to play a big role in BRI

    The Hong Kong government is currently working with the Insurance Authority to enable the development of captive insurance, marine insurance and the underwriting of specialty risks in Hong Kong, said Hong Kong's Chief Executive, Ms Carrie Lam, during her opening address at the 2018 Asian Actuarial Conference yesterday morning.

    Asia | 18 Sep 2018
  • HK InsurTech start-up OneDegree raises more than HK$100m in series A funding

    Hong Kong-based InsurTech start-up OneDegree has raised series A funding of HK$100m ($12.7m), plus an additional HK$100m for future financial support at the company's option, subject to regulatory approval. The sum represents the largest ever fundraising round for a pre-revenue InsurTech start-up in Hong Kong.

    AIRPlus | 17 Sep 2018
  • Hong Kong: Actuaries, data scientists top list of territory's most wanted professionals

    Hong Kong's Labour and Welfare Bureau released their first Talent List at the end of August, aimed at attracting foreign talent to the city. The Talent List, which contains 11 professions, has been drawn up after extensive consultation with the stakeholders, designed to support the city's continued development as a "high value-added and diversified economy", the Bureau said in a statement.

    Asia | 17 Sep 2018
  • Hong Kong: Insurance industry faces talent crunch, but support is rising

    The insurance industry is undergoing fundamental transformation and 2018 is likely to be a year of drastic changes for the insurance market in Hong Kong, as technology innovation, higher customer expectations and newcomers redefine the marketplace.

    AIRPlus | 14 Sep 2018

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