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Smith’s Morehouse surprise donation mattered even more after graduation dayRobert Lewandowski says goodbye to Barcelona with ‘mission complete’ messageStarmer government bans 11 ‘far-right agitators’ from entering UK ahead of Tommy Robinson rallyHasan Ali leaves field on stretcher after head injury during BAN vs PAK 2nd TestBerkshire father shares pain after son dies in meningitis outbreakSatwiksairaj Rankireddy and Chirag Shetty storm into finalAfter Donald Trump, Putin to visit China’s Xi Jinping on May 19 for two daysBuyers flock to SHKP project in New Territories as confidence grows in home market outlookVirat Kohli reveals why RCB winning IPL title earlier ‘wouldn’t have felt even 5% the same’BBC’s 72-year Commonwealth Games era ends as Channel 5 secures Glasgow 2026 highlights dealIPL 2026 | ‘Not easy to replace Rohit Sharma’: Ashwin defends Hardik Pandya amid Mumbai Indians struggles“There are those who reason well, but they are greatly outnumbered by those who reason badly.”CSK coach Michael Hussey after defeat against LSGInside Sanaullah Khan Mohammed’s failed attempt to get asylum in USKKR hope to stay alive, Gujarat Titans eye playoffOperation Epic Fury to resume? 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Trending News:Dozens arrested at Tommy Robinson march in London; Elon Musk calls Britain ‘prison island’IPL 2026 rewrites record books with historic surge of 200-plus totals23-year-old Tushar Kumar becomes UK’s youngest Indian-origin mayor in BorehamwoodChina ramps up building a national computing power network as AI token demand surgesShreyas Iyer and Punjab Kings script unwanted all-time T20 record after RCB carnageBangladesh’s viral buffaloes resembling Donald Trump and Benjamin Netanyahu steal spotlightHong Kong High Court to hear Evergrande liquidators’ lawsuit against PwC on Monday‘Sarpanch’ Shreyas Iyer reaches another IPL milestone, joins MS Dhoni and Virat Kohli to become …Ray Dalio’s one-line formula for learning faster than your competitorsIPL 2026: Why is RCB captain Rajat Patidar not playing vs Punjab Kings?British tourist breaks neck during France trip, faces huge medical bills after travelling without insuranceRavi Shastri backs Vaibhav Sooryavanshi for India debut next monthA 2,000-year-old stone maze discovered in India could change what we know about ancient Rome linksBabar Azam breaks Ben Stokes’ World Test Championship record during BAN vs PAK second Test8 killed, over 20 injured as freight train crashes into bus in BangkokPBKS vs RCB Live Score, IPL 2026: Virat Kohli in spotlight again as RCB close in on playoff spot against struggling PBKSMaduro’s ‘bag man’ sent to US as Venezuela deports Alex Saab in dramatic U-turnShubman Gill enters exclusive captaincy list with Virat Kohli, Sachin TendulkarTaliban formally recognises child marriage with news rules, guidelines in AfghanistanNikhat Zareen’s no to 48kg; Nitu Ghanghas-Jyoti Gulia in trial bout for World ChampionshipsCandace Owens challenges Charlie Kirk succession story surrounding Erika Kirk and TPUSA futurePakistan 26/2 in 10.4 Overs | BAN vs PAK, 2nd Test, Day 2 Live Score: Taskin Ahmed rattles Pakistan openers; Babar Azam walks in earlyDid Candace Owens’ producer and manager quit? Ben Shapiro appears to confirm staff exit rumorsEvery window a solar panel: Australia-China joint venture to set up in Hong KongIPL 2026 | ‘Jasprit Bumrah coming in as captain a fantastic move’: Kris SrikkanthWhen Queen Elizabeth II smiled at Prince Harry, his reaction said everythingFresh concepts lift Hong Kong retail property as tourists and consumers returnIPL 2026 Playoff Qualification Scenarios: With 10 matches to go, KKR’s chances rise to 10%The surprising reason Joan Kroc’s record-breaking Salvation Army gift still changes lives todayIPL 2026 | Behind Arshdeep Singh’s struggles: Punjab Kings discover ‘restrictions’ in pacer’s bodyIsrael says Hamas military chief, involved in planning October 7 attacks, killed in GazaPBKS respond after Arshdeep Singh faces criticism over viral Tilak Varma videoTrump faces thorny questions on Taiwan and tradeAngkrish Raghuvanshi joins Gautam Gambhir in elite club as KKR smash highest-ever total vs GT“Over the years, those who have seemed to me to be the most happy, contented and fulfilled have always been the people who have lived the most outgoing and unselfish lives.”KKR’s 18 crore gamble under threat as Matheesha Pathirana walks off mid-over on debutRedditor shares one-year experience of living in India after spending 12 years in USSai Sudharsan scripts T20 history, becomes fastest-ever to…4 Indians arrested in extortion-kidnapping in Canada, cop says he’s never seen case like this‘We didn’t deserve to win’- Shubman Gill’s brutal verdict after GT defeat to KKR39-year-old Indian man sent to jail in Australia, diagnosed with voyeuristic disorderKKR crack GT code to keep playoff hopes breathing8 injured after driver crashes car into pedestrians in ModenaAntoine Semenyo’s backheel magic hands Manchester City FA Cup titleIndian-origin gas station owner becomes first Indian-American elected to this Texas city councilSai Sudharsan retired hurt after injury in KKR vs GT IPL matchKing Charles ‘shocked and saddened’ as soldier dies after falling from horse at Royal Windsor Horse ShowFinn Allen creates KKR history, joins elite six-hitting clubKash Patel unfazed by new controversiesSunil Narine scripts history, becomes first overseas player to…Dos and don’ts for your next immigration applicationCapacity, location and other detailsDiver dies in search of five Italian tourists who drowned in underwater cave‘Not too many smart heads there’- Ambati Rayudu questions CSK leadershipWhy Robert F. Smith’s Morehouse surprise donation mattered even more after graduation dayRobert Lewandowski says goodbye to Barcelona with ‘mission complete’ messageStarmer government bans 11 ‘far-right agitators’ from entering UK ahead of Tommy Robinson rallyHasan Ali leaves field on stretcher after head injury during BAN vs PAK 2nd TestBerkshire father shares pain after son dies in meningitis outbreakSatwiksairaj Rankireddy and Chirag Shetty storm into finalAfter Donald Trump, Putin to visit China’s Xi Jinping on May 19 for two daysBuyers flock to SHKP project in New Territories as confidence grows in home market outlookVirat Kohli reveals why RCB winning IPL title earlier ‘wouldn’t have felt even 5% the same’BBC’s 72-year Commonwealth Games era ends as Channel 5 secures Glasgow 2026 highlights dealIPL 2026 | ‘Not easy to replace Rohit Sharma’: Ashwin defends Hardik Pandya amid Mumbai Indians struggles“There are those who reason well, but they are greatly outnumbered by those who reason badly.”CSK coach Michael Hussey after defeat against LSGInside Sanaullah Khan Mohammed’s failed attempt to get asylum in USKKR hope to stay alive, Gujarat Titans eye playoffOperation Epic Fury to resume? Donald Trump weighs fresh Iran strikes after China visit: ReportAmbati Rayudu terms Akash Singh viral ‘chit’ celebration ‘rubbish’What happened between Benny Johnson and Marjorie Taylor Greene? YouTuber faces grifting accusations during Thomas Massie controversyIn-form Shreyas Iyer’s numbers stand tall, but will they carry Punjab Kings into playoffs?After Donald Trump’s Beijing visit, Taiwan detects 8 Chinese naval vessels, one ship in its territorial waterIPL 2026 | ‘The only thing can harm us … ‘: Rishabh Pant opens up despite LSG win vs CSKCandace Owens reacts after Charlie Kirk reportedly named wife Erika as TPUSA successor before assassinationHong Kong market regulator takes on ‘collection agent’ role for wronged investorsJasprit Bumrah’s captaincy begins with controlLil Tjay sparks backlash after exposing private messages linked to Kai Cenat’s ex-girlfriendVirat Kohli says he won’t stay where he must ‘prove worth’ amid ODI future debateI wouldn’t advise my kids to live or study in USRecord! Pakistan captain Fatima Sana hits fastest fifty in WT20I historyChud the Builder visibly disappointed as bond hits $1.25 millionRobin Singh parts ways with Mumbai Indians after 16-year journey120 Burmese python eggs discovered in Florida’s EvergladesLSG owner Sanjiv Goenka hails Akash Singh after three-wicket spell against CSKHis New Jersey mansion had salt water pool surrounded by imported sandMitchell Marsh lights up Lucknow, dents CSK’s IPL playoff push in LSG’s seven-wicket victoryOnce she worked in a glass factory, now she runs a $26 billion company and sits alongside Elon Musk and Tim Cook at China’s state dinnerLucknow Super Giants push Chennai Super Kings to sixth with commanding winUS staff dump Chinese-issued phones, badges before boarding Air Force OneCSK’s Anshul Kamboj’s tough night in Lucknow, joins Yash Dayal in unwanted IPL record booksMeningitis outbreak in Berkshire causes panic in three schools‘It motivates me’: Akash Singh reveals story behind viral note celebration‘Did it as a favour to Pakistan’: Trump on Iran ceasefireShakira teams up with Burna Boy for official FIFA World Cup 2026 anthemUK student dies of Meningitis as expert warns disease can be ‘very lethal’Stephen Miran, Trump’s economic guru, is leaving the Fed. What happens now?Sumit Kundu scripts strong comeback after almost quitting sport; India’s CWG, Asiad boxing squad announcedPolish EU lawmaker Dominik Tarczynski threatens legal action against Starmer over ‘hatred and division’ remarks on London rally
Hong Kong’s insurance business may expand by a compounded 55 per cent over the next eight years, driven by the so-called silver economy serving senior citizens and growth in the Greater Bay Area, industry experts said on Tuesday.
Gross insurance premium in the city may jump to US$127 billion by 2032 from last year’s US$82 billion, said Steve Finch, Manulife Financial’s Asia president, citing industry forecasts.
That growth is enabled by the “depth and sophistication of Hong Kong’s insurance sector, making it a centre of excellence”, especially as integration between the city and the broader bay area continues to increase, Finch said during the 2025 China Conference organised by the Post.
The upbeat forecast underscores why Manulife (International), the Hong Kong and Macau pension unit of Canada’s largest insurer, is betting on Hong Kong as it prepares to redomicile from Bermuda in November. The Toronto-headquartered insurer already gets 44 per cent of its earnings from Asia, with the region’s contribution projected to reach 50 per cent by 2027.
Steve Finch, president and CEO of Manulife Asia, speaks at SCMP’s 2025 China Conference on July 8, 2025. Photo: Eugene Lee
Another reason for Manulife’s optimism is the bay area – a cluster of 11 cities around southern China’s Guangdong province, including Hong Kong and Macau, that has a combined economy of almost US$2 trillion. Only 3.5 per cent of the total population of 86 million people in the region has health and life insurance, much lower than the 18 per cent in Hong Kong, providing ample opportunity for growth, Finch said.
Insurers are already reporting robust sales in Hong Kong, with new life policies jumping 21.4 per cent last year to a record HK$219.8 billion (US$28.34 billion). One in four policies, or 28.6 per cent, was bought by mainland residents visiting the city, according to data from the Insurance Authority (IA).
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The liquidators of China Evergrande Group’s lawsuit against PricewaterhouseCoopers (PwC) International will have their case heard in the Hong Kong High Court on Monday, according to records posted on the…