FWD Hong Kong's recent survey into "Healthcare Protection in the Greater Bay Area (GBA)" showed that a majority of the respondents are anticipating a huge increase in medical expenditure in the future, which would impose financial burden on them.
Manulife Hong Kong has signed a memorandum of understanding with the Hong Kong Association of Athletics Affiliates (HKAAA) to establish a half marathon event that will take place on the iconic HK-Zhuhai-Macao Bridge (HZMB).
Five of the country's largest listed insurers saw their investment books impacted by stock losses in the first quarter this year due to strict Covid-19 lockdowns to curb the Omicron wave.
Ping An Insurance (Group) Company of China recently announced the launch of its ChinaBond Ping An Life Insurance ESG Integration Strategy Credit Bond Index.
The CBIRC has given approval to the newly established National Pension Insurance Company to commence operations, making it the 10th standalone pension insurer operating in China.
China's State Council released on 22 February a plan for the development of the country's eldercare services in its 14th Five-Year Plan period (2021-2025), in the latest phase of its national strategy to cater to the needs of an ageing population.
Seventy percent (70%) of respondents to a survey on elderly care and retirement financing in China say that they have yet to draw up their pension plan, due to ignorance or simply the lack of action, according to a bluebook published jointly by AIA and the Centre for International Social Security Studies(CISS) at Chinese Academy of Social Sciences(CASS).
China has released its latest medical security plan, issued by the General Office of the State Council, with the aim of benefiting people across all sectors of society.
The Chinese government has reiterated that it will promote private pension plans as it accelerates its efforts in developing a sustainable multi-tiered social security system that follows fair and uniform standards, according to the country's latest human rights action plan.
China Pacific Insurance (Group) (CPIC) has reported solid business performance in the first half of 2021. During the period, Group operating income amounted to CNY252.51bn, a growth of 7.2% year-on-year.
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