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  1. Business - China Business - INSURANCE

    Golden week visitors add insurance to the shopping list

    Posted May 02nd 2013, 12:00am by Enoch Yiu

    ... Golden week tourists add insurance to the shopping list, skirting a ban on direct sales by HK agents across the border, but sector is hungry for more Besides gold jewellery, baby milk powder, cosmetic products and luxury flats, it seems life insurance pol ...

  2. Business - Money - PENSIONS

    Insurers claim victory in fight for workers switching MPF providers

    Posted Jan 28th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com The sales forces of the insurance companies appear to be winning against the banks after MPF rule changes Insurers claim victory in fight for MPF switchers Insurers with large teams of agents look to have proven better able to fight for new pension business than banks after employees were allowed to choose their own Mandatory Provident Fund providers ...

  3. It's high time to consider financial super-regulator

    Posted Jul 21st 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu We are pleased to see the government finally put 16 years of talk into action by deciding to consult the market at the end of the year about setting up an independent insurance authority to protect policyholders and regulate the industry. The issue was first raised in 1993, when the local insurance market was much smaller. Now we have 8.7 million policies in the market. ...

  4. Top industry names likely to contest Legco's insurance-sector vacancy

    Posted Apr 14th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu Three people with insurance-sector experience have emerged as potential candidates to replaced Bernard Chan who has announced he will not run in the forthcoming Legislative Council election. Munich Re Hong Kong branch's chief executive Chan Kin-por, newly retired HSBC Insurance China head Choy Chung-foo and former General Insurance Council chairman Jackie Chun ...

  5. Foreign insurers' premium incomes forecast to boom

    Posted Sep 03rd 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Premium incomes earned by foreign insurance companies in the mainland could grow by five times and their market share could almost double by 2010, according to a survey by PricewaterhouseCoopers. The survey, which polled the views of 24 of the 40 foreign insurance companies operating in the country, indicated premium incomes were expected to increase at least five-fold to 79.9 ...

  6. Lloyd's eyes insurance growth in China

    Posted Oct 02nd 2003, 12:00am by Enoch Yiu

    ... Expansion aims to balance the global exposure of the industry's oldest player Lloyd's, the world's oldest insurance provider, has applied for a licence to operate in China. Lloyd's general representative for Hong Kong, Cameron Murray, ...

  7. HK people lack adequate coverage

    Posted Sep 01st 2003, 12:00am by Enoch Yiu

    ... An industry survey shows that locals are insured for only 43pc of their needs Hong Kong people are seriously under-insured, with fewer people buying insurance products than in other advanced markets, according to a study. David Alexander, chairman of a Ho ...

  8. Insurers join police in crackdown on illegal policy sales

    Posted Sep 01st 2003, 12:00am by Enoch Yiu

    ... Agents selling coverage without the consent of the client to boost performance Insurance industry bodies and the police are working to crack down on the sale of policies without the consent of buyers - a tactic used by unscrupulous salespeople to boost th ...

  9. Insurance agents face scrutiny

    Posted Aug 25th 2003, 12:00am by Enoch Yiu

    ... HK and mainland regulators have joined forces to halt illegal selling activities on both sides of the border The expected surge in mainland tourists visiting Hong Kong has prompted insurance regulators on both sides of the border to take steps to crack do ...

  10. Insurers fear increase in licence fees

    Posted Jul 14th 2003, 12:00am by Enoch Yiu

    ... The move could come as part of a government overhaul Large insurance companies could face higher annual licence fees if a government proposal to link charges to premium incomes is adopted. In an interview with the South China Morning Post, Insurance Commi ...




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