After graduating from The Hong Kong Polytechnic University in 1997 with a Bachelor's degree in Electronic Engineering, he joined AIA and embarked on his life's journey as an Insurance Agent.
This insurance giant delivered Asia-led growth in the first half of 2019. It is also set to complete its demerger in the fourth quarter of 2019 and preparations are complete for its move to Group-wide supervision by the Hong Kong Insurance Authority.
HSBC Life has launched two insurance solutions to meet customers' health and wealth needs - the new HSBC Health Goal Insurance Plan ("HGIP") and HSBC EarlyIncome Annuity Plan ("EIAP") with new Dementia Protection rider.
With fierce competition from some 400 nominations in the 4th Asia Trusted Life Agents & Advisers Awards, Wave Chow, Senior District Director from AIA International, Hong Kong, not only emerged as a finalist in one category, he was recognised as amongst the best in the region in two categories - Insurance Agency Leader of the Year and Inspirational Agency Leader of the Year.
Mr Paul Chan, Financial Secretary, Hong Kong SAR, was the Guest of Honour at the 17th Asia Pacific Life Insurance Congress (APLIC). Kicking off the Congress with his opening remarks, below is the full transcript of his speech:
The Hong Kong insurance industry recorded total gross premiums of HK$148.8 billion (US$19 billion) in the first quarter of 2019, an increase of 12.3% y-o-y, according to the Insurance Authority's provisional statistics.
The 17th Asia Pacific Life Insurance Congress (APLIC) began yesterday in Hong Kong with the theme "Work with Mission, Serve with Passion". The three-day Congress is hosted by the Life Underwriters Association of Hong Kong (LUAHK) and marks the return of APLIC to Hong Kong after 22 years.
As life expectancy in Hong Kong rises, the cost of taking care of elderly people who are in need of care in Hong Kong - either subsidised or non-subsidised residential care or at a home care - is expected to reach HK$222.4 billion per year by 2060, an increase of 5.7 times from the current cost of HK$38.8 billion per year, according to "Eldercare Hong Kong: The Projected Societal Cost of Eldercare in Hong Kong 2018 to 2060" report, a joint study conducted by Sau Po Centre on Ageing at The University of Hong Kong, The Women's Foundation and HSBC Life.
According to a new research study, commissioned by QBE Hong Kong, most small and medium enterprises (SMEs) in Hong Kong are optimistic about their business despite weak economy and cost pressures.
Welcome to another week of What's New. This week, we are featuring the big boys in the industry such as Prudential, AIA, Aviva, QBE, MetLife, MAS, SDIC, and Symbo!
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