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May 1, 2026
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Life insurance sales in Hong Kong hit record amid ‘rise of millionaires’

    Life insurance sales in Hong Kong hit record amid ‘rise of millionaires’

    7 days ago02 mins

    Life insurance sales in Hong Kong rose 50.6 per cent to another record last year as affluent customers continued to buy policies in the city for wealth transfer, protection and medical needs. The industry wrote HK$330.9 billion (US$42.2 billion) in new life policies in 2025, compared with HK$219 billion a year earlier, which was also…

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    Alibaba’s Joe Tsai (second right) and fire services chief Andy Yeung hold the appreciation flag on stage, alongside the SCMP’s Tammy Tam (left), Ocean Park’s Paolo Pong (second left) and Sino Group’s Nikki Ng. Photo: Eugene Lee

      Spirit of Hong Kong Awards: John Lee hails ‘role models’ as firefighters feted

      2 months ago02 mins

      Hong Kong firefighters have been honoured for their heroic response to November’s deadly Tai Po fire – the city’s worst in decades – at the 13th Spirit of Hong Kong Awards, which celebrates unsung heroes who contribute to the community or inspire others through stories of resilience and perseverance. The Fire Services Department received an…

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