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HK: Insurance Industry Update

PICC Property and Casualty Company (PICC), China's largest non-life insurer, reported an increase in profits to 1.78 billion yuan (US$260.8 million) as a result of a surge in China's stock market lifting the value of their investments and growth in insurance premiums received. PICC is exploring...

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance segments among international companies in the wake...

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance segments among international companies in the wake...