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Hong Kong’s business community is set to turbocharge plans to capitalise on the city’s initiatives to be one of the world’s top wealth centres and talent hubs, while eyeing growth in the wider bay area too, Post survey finds.
Hong Kong’s insurance industry received a total of HK$1.9 billion (US$243.6 million) in claims related to damage caused by a devastating black rainstorm and Typhoon Saola in September, making them the second- and fourth -highest claims on record.
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Hong Kong businesses and vehicle owners might have to put up with higher insurance costs in the future, with claims after torrential rains over the past two weeks likely to top the HK$3.1 billion (US$395 million) paid for damages caused by Typhoon Mangkhut, industry executives said.
Joanna Yeung The Mental Health Association of Hong Kong and Zurich Insurance (Hong Kong) have begun a three-year collaboration to promote me...