Howden Broadens Asia Footprint With Acquisition of Hong Kong Broker Storfield November 12, 2024 Howden, the London-based insurance intermediary group, announced the acquisition of Storfield Insurance Consultants Ltd., a specialist in general insurance for...
Online Insurer Waterdrop Mulls Secondary Listing in Hong Kong October 31, 2024 By Lulu Yilun Chen US-listed Waterdrop Inc. is looking at a secondary listing in Hong Kong as it seeks to expand its insurance business...
US Firms Warn Against ‘Unprecedented’ Hong Kong Cyber Rules August 21, 2024 By Newley Purnell US firms have warned that parts of a proposed cyber law could grant the Hong Kong government unusual access to...
Hong Kong’s Insurance Boom Lures Job-Seeking Mainlanders August 9, 2024 By Trista Xinyi Luo Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their...
Hong Kong Hits AIA With Record Fine for Anti-Money Laundering Lapses August 2, 2024 By Bei Hu and Kiuyan Wong AIA Group Ltd. was subject to a record fine of HK$23 million ($2.9 million) by the Insurance Authority for anti-money...
Wary of New Security Law, Foreign Firms in Hong Kong Bolster Contingency Plans March 22, 2024 By James Pomfret and Greg Torode Vague provisions in Hong Kong’s new national security law around state secrets and links to foreign entities have put on...
Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024 October 30, 2023 By Pei Li Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as...
Ant-Backed Rural Lender and Micro-Insurance Firm, Chongho, Eyes $500M HK IPO October 27, 2023 By Pei Li Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses, is considering...
Huge Fire Rips Through Skyscraper in Hong Kong Shopping District March 3, 2023 By Richard Frost A 42-story hotel being constructed in one of Hong Kong’s tourism districts went up in flames before firefighters brought the...
Hong Kong’s Hang Seng Bank Seeks New Bancassurance Partner After QBE Deal Expires August 15, 2022 By Manuel Baigorri Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, is seeking an insurance partner after...