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  • October 21, 2014
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  1. AIA offers incentives to win back customers who stopped policies

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

    ... 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 ... the liabilities of all policies,' he said. 'Even if all policyholders wanted to cash in their 2.2 million policies, we could afford to pay immediately. 'The Hong Kong insurance commissioner ...

  2. Business - Money - INSURANCE

    Rebound in stocks prompts shift into investment-linked insurance products

    Posted Jan 21st 2013, 12:00am by Enoch Yiu

    ... to different investment funds instead of traditional policies that leave it to insurers. Harrison said sales of investment-linked products dropped in the second and third quarters of last year amid a poor stock market outlook. According to the Office of the Commissioner of Insurance, annualised premiums of investment-linked products sold in the first nine months of last year amounted ...

  3. Lifestyle - Travel

    More tour agents bundling travel insurance in package deals

    Posted Aug 16th 2012, 12:00am by Amy Nip

    ... Amy Nip amy.nip@scmp.com More tour agents sellinsurance More tour agencies are bundling travel insurance policies with their packages, depriving tourists of their right to choose their own ... required customers to buy designated travel insurance as part of the packages, even if they already had such cover. Three other agencies- EGL Tours, Modern China Travel and Venice Travel- made ...

  4. HK insurers want more access to mainland

    Posted Sep 05th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Beijing's ambition to turn Hong Kong into a yuan hub is spurring Hong Kong insurance companies to issue more yuan-denominated life policies ... for Hong Kong insurers to set up operations on the mainland, but did not give details. Currently, only insurance companies with at least US$5 billion in total assets are allowed to set up joint ...

  5. Insurers, firms argue over when Sars started

    Posted Apr 01st 2010, 12:00am by Staff Reporter

    ... Yvonne Tsui Ten of Hong Kong's major hotels and developers under the New World Development flag face a multi-million-dollar challenge from six insurers over the date of the start of the Sars outbreak. The 10 companies claim their insurance cover for losses during the outbreak should date from February 2003, when the first cases emerged. But the insurers say it should not start ...

  6. 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 ... a big insurance run,' Yung said. 'It is a big challenge for an executive to handle it well and prevent the crisis from deepening further.' Yung recalls there were a lot of rumours ...

  7. Global credit insurance leader seeks analysts

    Posted Dec 16th 2006, 12:00am by Elizabeth Horscroft

    ... Elizabeth Horscroft A big name in global credit insurance is scouting for staff to work in its Hong Kong office. EulerHermes, the world's largest credit insurance group, is based in Germany and has a presence in 35 countries. About 37 per cent of the world's account-receivables transactions were insured by the group last year, according to William Chan, a risk manager ...

  8. Academic insurance for a changing world

    Posted Nov 15th 2008, 12:00am by Steve Cray

    ... Steve Cray, Education Editor It is natural in these trying times for education commentators and analysts to focus on the need to take out 'academic insurance' against the uncertain road ahead. But- as with all insurance- the question is what kind and how much you are willing to pay. The big 'policies'- in this case academic masters' degrees ...

  9. 100pc bank deposit insurance urged

    Posted Oct 14th 2008, 12:00am by Staff Reporter

    ... Ng Kang-chung Calls are mounting for better protection of private savings deposited in local banks to help restore public confidence in the banking system. Lawmaker Cyd Ho Sau-lan, of Civic Act-up, said yesterday she had written to Chief Executive Donald Tsang Yam-kuen urging his administration to follow overseas examples by providing 100 per cent insurance to depositors. ...

  10. Insurance taskforce targets the mainland

    Posted Dec 20th 2006, 12:00am by Staff Reporter

    ... Denise Hung Health providers and insurers urged to unite to crack lucrative market Insurance providers should be allowed to team up with Hong Kong health groups to set up specialised health insurance companies in selected mainland cities, according to a study group. A group of insurance industry experts convened under the 11th national five-year plan by Chief Executive Donald ...




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