Advertisement
Advertisement
TOPIC

Insurance

Insurance
Stories about the insurance industry, including life, general, property and casualty insurance
The government has earmarked HK$6.8 billion to acquire flats at seven of the eight blocks of the estate damaged by the fire. Photo: Sam Tsang
Hong Kong’s Tai Po fire tragedy

Government to handle Wang Fuk Court insurance claims under buy-back plan: Hop On

But some residents who took part in second briefing by administrator say questions remain over how and when they can expect to receive compensation.

Hong Kong economy

Opinion | How war-risk marine insurance can set Hong Kong apart

videocam
India

Heat-triggered insurance offers cold cash cushion for India’s outdoor workers

videocam
Wealth: Healthcare

Future-proofing: how longevity medicine is reshaping health prospects

With people living longer and fewer children being born to support older generations, can preventive longevity medicine help provide a more secure and healthy future?

Supported by
Standard Chartered
As more of us expect to live for many years after we stop working, there is a growing need to consider how we will live those extra years in sound physical, mental and financial health. Photo: Getty Images
Banking & finance

Gold, cruises and Dior: Hong Kong lenders aim to entice mainland China visitors

With 980,000 visitors from the mainland expected during golden week, Hong Kong lenders line up incentives to capture wealthy customers.

Hong Kong economy

Hong Kong insurers’ health at risk as medical claims could double in decade

Research finds total reimbursements reached HK$17.73 billion in 2023, up by 61 per cent from HK$10.99 billion in 2019.

Advertisement
Advertisement
Advertisement
Banking & finance

Default in our stars: China banks use satellites to track assets, cut loan risks

Analysts say orbital monitoring of sites, property and other assets provides vital data on borrowers.

videocam
Chinese banks are increasingly using satellites to evaluate their clients’ terrestrial assets. Photo: Shutterstock
Banking & finance

Life insurance sales in Hong Kong hit record amid ‘rise of millionaires’

Industry wrote US$42.2 billion in new life policies last year, ‘capturing both onshore and offshore demand across Asia’, HSBC Life CEO says.

4
Hong Kong economy

Hong Kong insurance complaints body records 857 cases last year, up 33% from 2024

Most disputes were medical and travel cases, according to Insurance Claims Complaints Panel.

China shipbuilding

Iran war exposes a weakness in China’s vast shipping sector: a lack of insurers

China’s maritime sector still relies on overseas legal and financial service providers, a potential strategic vulnerability in a turbulent world.

videocam
A cargo ship loads and unloads containers at a port in eastern China’s Jiangsu province. China has a vast shipping sector, but still lacks a robust maritime insurance industry. Photo: Getty Images
Hong Kong economy

Letters | Hong Kong has a chance to lead the world in marine underwriting

Readers discuss developments in shipping, and the implications for Taiwan of US actions in the Iran war.

The Kwai Chung Container Terminal. 04MAR26 SCMP / Elson Li
Ageing society

Editorial | Medical insurance review a timely move for a sector under pressure

Hopefully, the review will open doors to a transparent, digitally accessible and internationally focused insurance market.

Hong Kong economy

Opinion | Iran war shows urgency of Hong Kong’s green shipping transition

As an international maritime hub, the city must speed up green fuel bunkering and strengthen its marine war-risk insurance business.

videocam
Greater Bay Area

Hong Kong regulator sets ‘comprehensive’ review of medical insurance costs

Analysis aims to increase transparency at a time when some insurance prices are rising faster than medical costs, Insurance Authority CEO says.

A patient is taken for treatment at Kwong Wah Hospital in Yau Ma Tei on January 1, 2026. Photo: Sun Yeung
Banking & finance

Hong Kong export credit insurer keeps premiums low despite Middle East tensions

Agency says limited exposure to the Middle East has kept trade risks contained for most Hong Kong exporters.

HKECIC chairwoman Agnes Chan Sui-kuen and commissioner Terence Chiu Man-chung Photo: Handout
Middle East

Hong Kong marine insurers gain edge over London with cheaper war-risk cover

Hong Kong’s special pool offers cheaper war cover for 10 Chinese ships in the Gulf, bolstering the city’s role as a marine insurance hub.

Two Sessions 2026

China to pursue commercial health insurance to ease strain, support innovation

Commercial health insurance enters China’s policy agenda as an ageing population and costs strain basic coverage.

Advertisement
Advertisement
Advertisement
Electric & new energy vehicles

China’s EV insurers move towards profitability on higher premiums, AI adoption

Chinese insurers are turning to AI as the technology cuts labour costs and enhances pricing accuracy.

Mainland insurers posted a combined loss of 5.7 billion yuan from underwriting EV policies in 2024. Photo: Reuters
Artificial intelligence

Colour matters: how AI is changing car premiums and services in China

Car colour, driving habits and location influence insurance premiums, according to a digital solutions provider using ByteDance’s AI model.

Singapore

Singapore wage growth outpaced inflation for most in 2025, PM says

Singapore’s definition of household income now includes income from non-work sources, including rental and investment income.

Hong Kong stock market

Hong Kong urged to widen Stock Connect and woo global firms to boost listings

City should pitch Southeast Asia, Middle East to draw global listings and issue long-term bonds to attract patient capital, think tank says.

FSDC executive director Rocky Tung says while Hong Kong has been a major listing venue for mainland firms, international companies remain a minority on the local bourse. Photo: Enoch Yiu
Crime in Hong Kong

Editorial | Swift action on traffic accident scams in Hong Kong to be commended

Fraudulent claims over minor or non-existent traffic collisions should prompt drivers to remain alert on and off the road.

Traffic on Prince Edward Road in May 2025. Photo: Eugene Lee
Crime in Hong Kong

Police arrest 4 in Hong Kong over ‘crash-for-cash’ scams

Married couple and two doctors detained on suspicion of conspiracy to defraud.

Gun violence in the US

Luigi Mangione won’t face death penalty after US judge dismisses murder charge

He could still be put behind bars for life if convicted of other charges in the killing of UnitedHealthcare CEO Brian Thompson.

Manulife

AXA becomes second insurer to redomicile from Bermuda to Hong Kong

At least three other local insurers, including local unit of Canada’s insurer Sun Life, are planning the same move, industry players say.

An advertisement for French insurer AXA is seen on a building in Hong Kong on February 27, 2018. Photo: Getty Images
Manulife

Wealthy investors propel Hong Kong life insurance sales to another peak

The industry wrote US$34 billion worth of life policies in the first nine months of last year.

An insurance sales agent approaches mainland tourists in Canton Road, Tsim Sha Tsui. Photo: Eugene Lee
IA

China Taiping expects higher profit but Tai Po fire could weigh in 2026

State-owned insurer expects 215 to 225 per cent jump in 2025 net profit due to a gain in investment income, one-off tax impact.

Banking & finance

HSBC reviews Singapore insurance unit amid high Hong Kong, mainland China growth

It ‘makes sense’ for HSBC to focus on ‘core high-growth markets’ that have ‘underpenetrated’ insurance needs, analyst says.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement