Insurance CEOs just posted 91% growth while your savings earn 3%
Key Points
- Hong Kong's insurance sector is booming, with AIA, Prudentia...
When your money market account is paying you the financial equivalent of pocket change, Hong Kong's insurance giants are celebrating triple-digit growth rates that would make your broker weep tears of joy.
The Great Insurance Awakening
AIA just reported a casual 24% year-over-year jump in new business value, racking up $1.1 billion like it's collecting spare change from couch cushions. Meanwhile, Prudential managed a respectable 16% increase, but FWD decided to show off with a jaw-dropping 91% surge. These aren't typos – these are the kind of numbers that make accountants double-check th...
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