Three insurance agent applicants banned for fake school credentials

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“Individuals applying to be licensed insurance intermediaries must establish that they are fit and proper to perform the role,” the IA said. “Being fit and proper not only requires attaining the minimum education qualifications, but also being honest, reliable, and having integrity. These character traits prove that the individuals concerned […]

Hong Kong insurance market to exceed major threshold in 2026

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“After recovering by 6.1% in 2021, the Hong Kong GDP growth is anticipated to slow down to 1.5% in 2022 thanks to the resurgence in the quantity of COVID-19 instances,” reported Jeneshree Sahoo, insurance policy analyst at GlobalData. “Despite these difficulties, the standard insurance coverage field is forecasted to expand […]

AM Best Places Credit Ratings of Blue Cross (Asia-Pacific) Insurance Limited Under Review With Developing Implications

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HONG KONG, March 10, 2022–(Business enterprise WIRE)–AM Best has placed under assessment with acquiring implications the Money Toughness Ranking of A (Superb) and the Long-Expression Issuer Credit Ranking of “a” (Exceptional) of Blue Cross (Asia-Pacific) Insurance Confined (Blue Cross) (Hong Kong). Blue Cross is a wholly owned subsidiary of The […]

Breaking the bias against women in insurance

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“There have been a couple situations in the past when I walked into a customer conference with my workforce (who had been all male) and the client stakeholder assumed I was the translator or secretary,” Chung explained to Insurance coverage Company. “I recognise that bias exists – often unconsciously as […]