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  • July 31, 2014
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  1. General insurance sector has new player

    Posted Dec 01st 2009, 12:00am by Staff Reporter

    ... Maria Chan Starr International Insurance (Asia), a company founded by former American International Group chairman Maurice Greenberg, has obtained approval from Hong Kong's insurance regulator to provide general insurance in the city. The company said it would offer a variety of products to policyholders as well as risk-control, loss-control and claims-management services. ...

  2. Insurance deals make classic cars come to life

    Posted Jul 17th 2009, 12:00am by Staff Reporter

    ... The dream of owning a classic car can be a frustrating one because the costs can prove prohibitive. But there is a range of niche insurance products that can bring that dream of driving ... general rule with motor insurance is that older cars attract a loading cost. And classic cars tend to be sporty or open-top cars which result in even higher premiums. So it can be costly when you ...

  3. Insurers call for fund to boost confidence

    Posted Oct 20th 2008, 12:00am by Peter So

    ... Peter So Insurance agents want the government to speed up efforts to guarantee policyholders' interests in order to restore confidence in the sector. The Insurance Practitioners General Union, representing more than 2,800 members, said consumers were reluctant to insure after last month's run on American International Assurance and the global financial meltdown. ...

  4. Doubts over coverage of travel insurance

    Posted Dec 03rd 2008, 12:00am by Paggie Leung

    ... Paggie Leung It is unclear whether holidaymakers with travel insurance have been protected in the recent chaos in Thailand, travel industry insiders say. Daniel Chan Kin-pang, deputy general manager at Hong Thai Travel Services, which offers insurance company AIG's package, said travellers who were stranded in Thailand because of the closed airports should be able to make ...

  5. Overseas insurers to push growth

    Posted Sep 03rd 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Foreign insurance companies are expected to boost their mainland market share to 10 per cent from 6 per cent by 2011 despite growing concerns about the volatile stock market and tighter regulatory environment, according to a PricewaterhouseCoopers survey. Twenty-eight of 40 executives at foreign insurers on the mainland indicated in a poll conducted between May and June ...

  6. Reforms, rogue agents on agenda of insurers' chief

    Posted Aug 04th 2008, 12:00am by Enoch Yiu

    ... But that was how Agnes Koon Woo Kam-oi began her first day in the industry more than two decades ago. The first chairwoman of the Hong Kong Federation of Insurers since the federation was established in 1988, Ms Koon admitted it took a long time for women to crack the glass ceiling and reach top executive positions in the sector. The veteran insurer faces a hectic time during her 12-month term, ...

  7. Insurance agents face scrutiny

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

    ... insurance regulators on both sides of the border to take steps to crack down on clandestine selling activities. Insurance Commissioner Benjamin Tang Kwok-bun said the Insurance Authority had held meetings last week with its mainland counterpart, the China Insurance Regulatory Commission (CIRC). 'Many insurance companies have indicated they had more mainlanders buying policies after ...

  8. When it comes to your home insurance, make sure all the bases are covered

    Posted Jan 02nd 2012, 12:00am

    ... Nicky Burridge moneypost@scmp.com Home insurance has evolved. Many policies now offer personal liability coverage, while others insure valuable belongings (such as cameras, laptops and jewellery) when you take them off your property. Some policies cover these items anywhere in the world. Other common features include coverage against credit card fraud, insurance for the contents ...

  9. Home cover solves a flood of problems

    Posted Apr 02nd 2008, 12:00am by Elizabeth Horscroft

    ... Insurance is vital in Hong Kong to protect against damage from heavy rain, burst pipes, accidents or theft, writes Elizabeth Horscroft Hong Kong homeowners often overlook taking out insurance policies and, as spring approaches and with it rain, flooding is a major consideration and should be insured against. You could be protected from a potential financial disaster with home ...

  10. Insurers count the cost of disaster year

    Posted Dec 13th 2011, 12:00am

    ... Enoch Yiu This column last week pointed out that bankers have little to cheer about this Christmas, and our insurance friends tell us their outlook is also bleak. Insurers have been hard ... week said that claims arising from the Thailand flooding were expected to cost it US$600 million. For the whole insurance industry worldwide, the loss is estimated at US$8 billion to US$11 ...




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