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HSBC Life

Life insurance sales in Hong Kong surged in first quarter thanks to world record policy, soaring demand from mainland visitors

by Anas Siddiqui
Life insurance sales in Hong Kong surged in first quarter thanks to world record policy, soaring demand from mainland visitors

That is higher than the pre-Covid levels. Mainlanders bought HK$12.8 billion of life and medical policies in the first quarter of 2019, representing 26.4 per cent of the total. HSBC …

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Exclusive | Guinness World Records: HSBC Life clinches title with US$250 million insurance policy sale in Hong Kong

by Anas Siddiqui
Exclusive | Guinness World Records: HSBC Life clinches title with US0 million insurance policy sale in Hong Kong

“The sale of such an insurance policy shows Hong Kong’s rise as a leading ultra-high-net-worth insurance market in Asia and the world,” Moncreiffe said in an exclusive interview with the …

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Hong Kong sees room for insurers to grow market for catastrophe bonds as climate crisis spurs record losses

by Anas Siddiqui
Hong Kong sees room for insurers to grow market for catastrophe bonds as climate crisis spurs record losses

Hong Kong could establish itself as a hub for global insurers and supranational organisations to raise funds through catastrophe bonds to manage their exposure to losses linked to natural disasters …

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Insurer HSBC Life draws customers from 46 overseas markets and China as customers throng to Hong Kong for its wider product range

by Anas Siddiqui
Insurer HSBC Life draws customers from 46 overseas markets and China as customers throng to Hong Kong for its wider product range

Mainland Chinese clients are not the only ones turning to Hong Kong to buy insurance products, with HSBC Life reporting policy sales to customers from 46 other jurisdictions in the …

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Spooked by a falling yuan, yield-seeking mainland Chinese scramble to buy insurance policies in Hong Kong

by Anas Siddiqui
Spooked by a falling yuan, yield-seeking mainland Chinese scramble to buy insurance policies in Hong Kong

On a quarterly basis, sales from July to September to mainlanders stood at HK$15 billion, 33 per cent lower than the HK$22.28 billion in the second quarter but 56 per …

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