Hong Kong

Hong Kong’s insurance market to hit $127b by 2032

Hong Kong’s insurance market to hit $127b by 2032

The city’s insurance penetration remains amongst the highest globally.
3 days ago

Hong Kong travellers boost insurance uptake on personal safety concerns

Notably, the fear of losing travel documents is higher.

Hong Kong’s insurance premiums reach $83b in 2024

Both long-term and general insurance sectors registered notable increases.

65% of Hong Kong SMEs lack business interruption coverage

Rising property rental prices remained top concern for the second consecutive year.

‘Ding Dings’ need to travel faster and more frequently

Tram ridership is still 15% below 2018 levels, according to its operator.

Prudential, StanChart cement 25 years of bancassurance tie-up

They have the longest-running bancassurance partnership in Singapore and Asia.

How financially prepared are Gen Alpha parents in Hong Kong?

Only 33% have concrete financial plans, whilst 18% have not started planning at all.

Cautious VCs turn to Series A startups

Early-stage startups in Hong Kong have raised $23.3m this year.

Exceptional travel and hospitality innovators honoured at TDM Travel Trade Excellence Awards - Hong Kong 2025

The awards programme recognised outstanding initiatives that redefined Hong Kong’s travel industry.

HDI Global sees insurance opportunity in East Asia’s renewable energy boom

The company plans to hire underwriters who understand the RE language, says Hong Kong branch CEO Michael Ahn.  

Retailers to benefit from reinstatement cost write-off

The tax relief is welcome, but costs would still dictate the decision to move.

Hong Kong banks to prioritise resilience, costs in 2025: KPMG

Interest rate reductions are likely to be slower.

Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct

It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said.

Retail, consumer brands to boost AI investments by 52% in 2025

Companies plan to allocate an average of 3.32% of their revenue to AI this year.

Nearly 1 in 5 holiday e-commerce transactions in HK flagged for fraud

65% of consumers plan to make over half of their holiday purchases online.

Top 50 list shows recovery in Hong Kong’s insurance premiums

Only four segments in the top 10, all life insurers, posted growth in 2023.

Mainland, Middle East may drive Hong Kong IPO market in 2025

The city’s benchmark stock index is headed for its first annual gain since 2019.