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Hong Kong 1-in-500 yr flood likely to have an earnings impact, may further pressure reinsurance renewals

by AIP Online Bureau | Sep 18, 2023 | Eco/Invest/Demography, International News

The impact on reinsurance pricing, which is already elevated, could make it too costly for some smaller companies. Offsetting factors include lower inflation in East Asia as compared with many other parts of the world, and supply chain normalization, which continues...

Hong Kong to be hit super typhoon Saola, biggest typhoon in 3 yrs

by AIP Online Bureau | Sep 1, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

“This can be a very destructive typhoon,” the chief secretary said Thursday, flanked by heads of various government departments. “We hope to minimize the damage.” Hong Kong was starting to feel the impact of Super Typhoon Saola as winds reached hurricane force and...

Hong Kong’s population climbs to 7.5 million, near 2019 level

by AIP Online Bureau | Aug 16, 2023 | Data, Eco/Invest/Demography, Policy

“Many Hong Kong residents who stayed abroad during the epidemic have returned to Hong Kong, while some mainland and overseas persons have also been admitted to Hong Kong through various schemes,” the government said. Hong Kong’s population rose 2.1%...
LIC to hold 5-day roadshows in Hong Kong, UK in June last week

LIC to hold 5-day roadshows in Hong Kong, UK in June last week

by AIP Online Bureau | Jun 11, 2023 | Indian News, Life

The top management of LIC will interact with global investors through a series of meetings spread over five days and highlight the strength of the company The management will urge the investors to invest in LIC scrips as the company has huge potential, the sources...
Hong Kong’s Lee touts ‘China advantage’ to rebuild city’s image as financial hub

Hong Kong’s Lee touts ‘China advantage’ to rebuild city’s image as financial hub

by AIP Online Bureau | Nov 2, 2022 | Eco/Invest/Demography, International News

John Lee, Chief Executive, Hong Kong “Hong Kong remains the only place in the world where the global advantage and the China advantage come together in a single city,” Hong Kong leader John Lee told roughly 250 summit participants, mostly comprising of...
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