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  • October 21, 2014
  • Last updated: 3:09pm
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  1. New rules bode big change for non-life sector

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

    ... to consolidate as the industry braces for the introduction of tougher rules. Hong Kong has a plethora of small general insurers- those that provide non-life insurance- as a legacy of the 1970s and 1980s ... remained virtually flat in recent years despite rising inflation. 'Given Hong Kong's relatively small and mature market, Fitch believes that the threats facing the non-life insurers ...

  2. Real-life cases in gruelling grilling

    Posted Oct 08th 2011, 12:00am

    ... the contest's objective is not simply to assess each finalist's knowledge of investment and insurance products, or their ability to come up with a structured written proposal. More fundamentally, it is to see how well finalists understand and anticipate the actual needs and likely concerns of individual clients, and how practical their recommendations are for typical 'real life ...

  3. Business - Money - INSURANCE

    Rebound in stocks prompts shift into investment-linked insurance products

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

    ... to HK$7.17 billion, down 19 per cent from the same period in 2011. The percentage of investment-linked products that AXA sold, compared with life insurance products, in the third quarter dropped ... regularly through insurance products to take long-term benefits." In the first nine months of last year, AXA saw its gross premiums of life insurance products rise 10 per cent year on year ...

  4. 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 ... in Hong Kong and on the mainland, may be sold. Mr Yung, however, believes AIG may not sell as life insurance is the group's core business. Mr Lam rejected speculation that AIA managers would ...

  5. Standard Life targets immigrants from mainland

    Posted Feb 15th 2011, 12:00am by Charlotte So

    ... Charlotte So Standard Life (Asia), which saw sales in Hong Kong double to HK$500 million last year from 2009, is to launch an investment-linked insurance product for mainland immigrants ... the insurance company said. Hong Kong has raised the investment threshold for capital investment entrants to HK$10 million from HK$6.5 million and allowed investment-linked insurance products to count ...

  6. 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 ... they can offer investors a higher return on yuan policies,' Chu said. Choy Chung-foo, chief executive of BOC Group Life, said he would like Hong Kong insurers to be able to invest ...

  7. Appointments

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

    ... expansion in Asia. He has more than 25 years of experience in insurance and financial services. Xu Weihui Chief operating officer PYI Corp Mr Xu, from Nantong City, Jiangsu province, graduated from ...

  8. Ming An to triple mainland network

    Posted Mar 22nd 2007, 12:00am by Staff Reporter

    ... Amy Gu Ming An (Holdings), a non-life insurer partly owned by Cheung Kong (Holdings), plans to triple its mainland network in a bid to more than double its premium from that market in five ... the figure was higher than the minimum forecast of HK$254 million it made when the firm was listed in Hong Kong in December last year. The insurer, which has four mainland outlets, planned to open 12 ...

  9. 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 ...

  10. Cool head extra insurance in a financial emergency

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

    ... that subject only because my brother advised me to do so. Did you remember who bought the first policy from you? It was a friend of my sister and it was a simple life policy with an insured sum ... 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 ...




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