NewsAugust 24, 20261 min read
Club serves over 1,800 vessels across Chinese and Vietnamese shipping markets. West of England P&I Club has relocated its Hong Kong office, catering to Chinese and Vietnamese markets. The new…
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NewsAugust 24, 20261 min read
Health segment grew 27% whilst the accident business expanded 40%. SBI General Insurance saw its profit after tax climb 8.6% year-on-year (YoY) to $0.06b (INR5.53b) in fiscal year 2026 (FY…
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NewsAugust 24, 20261 min read
Market-linked returns support fund accumulation before medical needs arise. Tata AIA Life Insurance unveiled a unit-linked life insurance plan. The plan, Shubh Health Criti, earns market-linked returns, covers 60+ critical…
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NewsAugust 24, 20262 min read
FWD is confident that the rising middle-class trend in Asia will continue long-term. FWD Group’s new business sales went up 4% year-on-year (YoY) to $720m in Q1 2026, according to…
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NewsAugust 24, 20262 min read
Older cohorts lag on plan execution despite strong awareness. Wealthy Asians understand legacy planning, but many have not put anything in place, leaving $5.7b of wealth unstructured. About three-quarters of…
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NewsAugust 24, 20261 min read
New direct long-term business covered 1.1 million lives in 2025. Hong Kong’s long-term insurance market recorded 109,813 new direct long-term policies in 2025. New direct long-term business brought in $21.1b…
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NewsAugust 24, 20262 min read
Operating profit after tax rose 7.6% YoY to $6.1b in the first quarter. Ping An Insurance Group is expected to see a gradual earnings recovery in 2026, supported by stronger…
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NewsAugust 24, 20261 min read
Pre-retirees said they need about $5,200 a month for a comfortable retirement. Hang Seng improved its IncomePower Life Insurance Plan, aiming to help customers generate passive income and plan for…
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NewsAugust 24, 20263 min read
The Insurance Authority has flagged gaps in incentives, disclosure, and oversight. Hong Kong insurers are facing rising pressure over the handling of claims and sales conduct as complaints increased for…
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NewsAugust 24, 20262 min read
The penalties were issued on 19 January 2026 and paid on 26 January 2026. Bank Negara Malaysia (BNM) has imposed administrative monetary penalties totalling $390,000 (RM1.56m) on two Zurich entities…
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