CEO of Prudential Hong Kong, Derek Yung (left) and chief executive of Asia at Prudential in Hong Kong, Nic Nicandrou. Photo: Jonathan Wong

Hong Kong insurance policies regain sparkle among mainland investors as yuan weakens

  • Prudential reports life and health insurance policies taken out by mainland clients jumped 23 per cent in the third quarter on year
  • China’s yuan has fallen 10 per cent against the US dollar from its peak in March, sparking a rush to Hong Kong insurance as a hedging tool
Topic |   Insurance

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CEO of Prudential Hong Kong, Derek Yung (left) and chief executive of Asia at Prudential in Hong Kong, Nic Nicandrou. Photo: Jonathan Wong
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