The Hong Kong Insurance Authority (HKIA) has reported that nearly 85 per cent of the 1,218 insurance claims filed following the Wang Fuk Court fire have been resolved. Of these, 1,032 claims have been closed, with compensation totalling approximately USD 66.3 million (around HKD 510 million). The remaining 156 claims are still under assessment, pending […]

Asia-Pacific (APAC) insurers are grappling with a profound “capability gap” as they pivot towards increasingly sophisticated investment strategies. According to a comprehensive study by Clearwater Analytics, confidence in existing technical infrastructure has plummeted, with only 23% of regional executives expressing faith in their systems’ ability to manage complex assets. The research, which surveyed 150 senior […]

The road to the Milano Cortina 2026 Winter Games has a formidable new backer. In a sweeping national campaign orchestrated by the creative agency Cossette, Intact Insurance has officially stepped onto the world stage as a premier partner of Team Canada. This multi-year agreement with the Canadian Olympic Committee (COC) represents a significant evolution for […]