French insurer AXA’s Hong Kong unit, one of the city’s largest life and general insurers, has become the second insurance company to move its domicile to Hong Kong from Bermuda, according to a statement on Monday. At least three other local insurers, including the local unit of Canada’s Sun Life, were planning the same move…
Hong Kong’s corporate landscape expanded to unprecedented levels last year, with the total number of local registered companies reaching a record of nearly 1.56 million by the end of 2025. “By the end of 2025, the total number of local companies and redomiciled companies registered under the Companies Ordinance increased by 96,609 compared with 2024,…
Manulife (International), one of the biggest life insurers and pension providers in Hong Kong and Macau, has finished moving its domicile to Hong Kong from Bermuda, making it the first insurer to successfully complete the process under a new regime, according to a statement on Friday. The insurer said the redomiciling was a “strategic milestone”…
Tropical Storms Humberto and Imelda are currently being closely monitored in the Atlantic due to their potential to intensify into hurricanes and impact areas from Florida to New England. The storms could pose threats to the Southeast U.S., the Bahamas, and Bermuda in the coming days, as indicated by The Weather Channel and the National…
“Hearst Magazines and Yahoo may earn commission or revenue on some items through these links.” Even though summer officially ends in late September, Labor Day Weekend signals that evenings grilling alfresco and beach weekends are soon coming to an end for most people in the Northern Hemisphere. However, we think August is actually the ideal…
The main talking point for Hui, the Secretary for Financial Services and the Treasury, has been a new law, enacted in May, that sought to make it easier for overseas companies to reincorporate in the city. Just a few days after the law came into force, Hui flew to Canada to meet senior executives from…
Jun 6, 2025 Manulife (International), the largest pension provider in Hong Kong, has announced its plan to redomicile from Bermuda to Hong Kong in November. This decision, outlined in a notice sent to customers, underscores the company’s confidence in Hong Kong’s standing as a global financial center. The move positions Manulife (International), a subsidiary of…
The Hong Kong government will offer incentives to attract more issuers and investors to participate in catastrophe bonds in the city to help address growing climate risks. “Hong Kong is the best investment hub for catastrophe bonds because we have capital, financial infrastructure and all the professionals and brokers needed to support the issuance of…