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Results 1 - 10 of 108 for ricky yiu poon-fai

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  1. Business - Banking & Finance - REGULATION

    Sales of traditional insurance products benefit from tighter rules on investment-linked policies

    Posted Mar 31st 2014, 11:51am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Insurers back to basics amid new rules A tightening of the regulations on investment-linked insurance policies since July has made insurers shift focus to basic life policies and annuity products, a trend industry players expect to continue this year. Statistics released by the government last week showed premiums from new investment-linked ...

  2. 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 ...

  3. 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 ...

  4. Cool head extra insurance in a financial emergency

    Posted Nov 09th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu Derek Yung Kai-ming faced an insurance executive's worst nightmare last year when more than 2,000 frightened policyholders rushed to his American International Assurance offices to surrender their policies. Caught up in the financial woes of AIA's United States parent during the height of the global financial crisis, the general manager of the firm's ...

  5. 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. ...

  6. Insurer's failure a wake-up call for government

    Posted May 12th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu The collapse of Anglo Starlite Insurance last week was a warning to the government to accelerate its snail's pace reform of the insurance industry before it faces more ... bestsellers The Monk Who Sold His Ferrari and The Greatness Guide will speak at a public workshop on May 19 at the Hong Kong Jockey Club. enoch.yiu@scmp.com ...

  7. Curbs needed on insurers taking too much risk

    Posted Mar 10th 2009, 12:00am by Enoch Yiu

    ... Enoch Yiu The deepening financial crisis has raised doubts about whether regulators should continue to allow commercial banks and insurance firms to get into risky investment businesses. The United States government was forced last week to increase its rescue of troubled American International Group. AIG's insurance operations have sold millions of policies in the US and its ...

  8. Candidates agree insurance sector voter base should widen

    Posted Aug 29th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu The voter base for the legislature's insurance sector should be widened beyond the current 144 representatives of insurance firms, all three candidates in this year's race told a sector voters' forum yesterday. About 100 top executives from insurance companies attended the forum, arranged by the Hong Kong Federation of Insurers, to listen to debates ...

  9. AIG underwriting unit in Asia 'not for sale'

    Posted Sep 30th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu American International Underwriters, one of the largest general insurers in Hong Kong and Asia, said its Asian operations would not be sold or affected by the troubles of its United States parent, American International Group. AIG executive vice-president Nicholas Walsh yesterday rejected market speculation that it would consider selling the profitable Asian general ...

  10. AIA offers incentives to win back customers who stopped policies

    Posted Sep 19th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu American International Assurance is trying to grab back the 2,000 frightened policyholders it lost in the past two days due to worries over the financial troubles of its US parent firm. The city's largest life insurer is offering the former clients incentives to renew their policies in the next two weeks. 'We welcome [them] ... to renew ...




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