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31 Mar Prudential sees windfall from Hong Kong’s cash-for-residency scheme, Greater Bay Area opportunities, CEO says

Posted at 02:00h in Asia

Hong Kong’s revamped investment-migration programme is paying off for insurers such as Prudential Hong Kong, which is planning to expand its product line to appeal to the wealthy would-be Hongkongers taking advantage of the scheme, according to its top boss.Like peers Manulife and AIA, as...

20 Mar Prudential is back in black with US$1.71 billion profit in 2023 as return of mainland China visitors to Hong Kong drives new sales

Posted at 04:53h in Asia

UK insurer Prudential reported a strong set of operating results for 2023 as the return of mainland Chinese visitors to Hong Kong boosted life insurance policy sales after the city eased the curbs imposed at the time of the Covid-19 outbreak.Net profit, which Prudential calls...

18 Mar EMPF Platform: Hong Kong to migrate smallest pension firms first, with giants like HSBC to bring up the rear by end-2025, regulator says

Posted at 10:40h in Asia

YF Life Trustees, the smallest of Hong Kong’s Mandatory Provident Fund (MPF) providers, will be the first to migrate to the soon-to-be-launched eMPF Platform, while HSBC, the largest provider, will be the last, according to a detailed timeline announced by the pensions regulator on Monday.The...

12 Feb How Hong Kong’s new eMPF Platform will impact employers and members

Posted at 02:30h in Asia

Here is what you need to know about eMPF.What is eMPF?EMPF is a centralised electronic platform that aims to standardise and automate the administration processes of MPF schemes.At present, the 12 MPF trustees, such as HSBC, Manulife and AIA, each have their own systems to...

Manulife Tag

31 Mar Prudential sees windfall from Hong Kong’s cash-for-residency scheme, Greater Bay Area opportunities, CEO says

20 Mar Prudential is back in black with US$1.71 billion profit in 2023 as return of mainland China visitors to Hong Kong drives new sales

18 Mar EMPF Platform: Hong Kong to migrate smallest pension firms first, with giants like HSBC to bring up the rear by end-2025, regulator says

12 Feb How Hong Kong’s new eMPF Platform will impact employers and members

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