The Insurance Authority (IA) has announced the second phase of temporary facilitative measures, in view of the latest developments of the COVID-19 pandemic. It has widened the types of life insurance products that can be distributed through non-face-to-face methods to minimise the risk of infection during the selling process.
The Hong Kong government has gazetted two insurance amendment Bills relating to insurance-linked securities (ILS) and direct regulatory powers over the holding companies of multinational insurance groups. The Bills were gazetted last Friday.
The Hong Kong Federation of Insurers (HKFI) has launched the "Insurance Dashboard on COVID-19" on 28 February 2020. The thematic website provides insurance information pertaining to COVID-19.
Manulife Hong Kong has launched the Manulife Supreme Voluntary Health Insurance Scheme ("VHIS") Flexi Plan ("Manulife Supreme"), which offers comprehensive, lifetime protection against illness and injuries.
Great Eastern Holdings has announced its financial results for the year ended 31 December 2019. Asia Advisers Network brings you the highlights, what Group CEO Khor Hock Seng said about the potential impact of the coronavirus to business and his views on what consumers look for when it comes to distribution.
Wave Chow is the Insurance Agency Leader of the Year 2019. In an exclusive interview where #TeamAAN visited his office in Hong Kong, we were astonished the moment we stepped in. Greeted at the front desk is an augmented reality that appears when you shoot with your mobile camera.
The Hong Kong Federation of Insurers (HKFI) has appointed Ms Selina Lau as its Chief Executive with effect from 1 February 2020.
Sun Life Hong Kong announced that Steven Fong will rejoin the company as General Manager of Distribution, and Martin Fortier, former Chief Risk Officer of Sun Life Malaysia, has been appointed General Manager of Financial Affairs.
Prudential has launched SmartAppoint, a free, value-added service offering extra protection in situations when an insured individual is unconscious or otherwise mentally incapacitated by enabling a family member to settle medical and daily life expenses. This new service is the first of its kind in Hong Kong.
As part of its commitment to transforming from a payer to a true health partner, AXA is enabling better access to mental health and well-being support in Asia. Its latest milestone is the launch of the "Mind Health" programme in Hong Kong, the first employee mental healthcare scheme in the market and one that draws on the company's health expertise to deliver improved outcomes for customers.
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