AIA Group has appointed Ben Ng as its new Group Chief Risk Officer, effective January 1, 2026, following regulatory approval.
The agency has affirmed the ‘Excellent’ financial strength and long-term issuer credit ratings of the captive insurer
The former managing director of Guy Carpenter brings with her more than four decades of experience in reinsurance leadership
HSBC has received approval from the Hong Kong Insurance Authority to establish Wayfoong (Asia) as a captive insurer in Hong Kong
The ratings have been withdrawn at the request of the company, which no longer wants to participate in AM Best’s interactive rating process
Nicholas Selff has a strong background in the P&C insurance industry, having worked for over 15 years in various positions across the APAC region
The address outlines a variety of measures that aim to facilitate the development of the insurance industry in Hong Kong
The panel, moderated by MM Lee, executive director of the General Business Division of the HKIA, pulled together senior executives in the industry to discuss the use of captives in managing risks derived from overseas energy projects