Insurance Premium

Employers and insurers hire private eyes to probe sick-leave scams

Kelvin Ko

The managing director of investigation firm Verity Consulting, Kelvin Ko Chiu, said sick leave claims involving private companies and their insurers now accounted for more than 50 per cent of his cases, up from 20 per cent 10 years ago when he entered the profession.

Thursday, 2 May, 2013, 7:25am

Damages ruling may lead to rise in insurance premiums

Insurers are anxiously awaiting a court ruling on damages claimed by two patients from the Hospital Authority after they were left paralysed following alleged mistaken medical procedures when they received treatment at hospitals.

15 Jan 2013 - 4:16am

Tough times test insurers' bonds with shipowners

At a cost of US$300 million, work to rescue the capsized Costa Concordia cruise liner has become the world's most complex and most expensive salvage operation. Photo: AFP

Two costly maritime disasters, a surge in insurance premiums and harsh shipping markets will make this year's marine insurance renewal season among the toughest ever, straining ties between shipowners and insurers, shipping experts say.

8 Jan 2013 - 4:21am

Fitch: China life insurance premium income growth limited

Fitch has a stable outlook for insurers' profitability.

Mainland life insurers' premium income growth would continue to be limited as a result of lower returns to policyholders due to weak stock markets and rising competition from banks, Fitch Ratings said yesterday.

11 Dec 2012 - 2:55am