General Insurance Executive / Executive Trainee

Hong Kong’s general insurance sector is thriving with expanding opportunities. Here is an insight from Insurance Business :

The general insurance market posted gross premiums of HK$100.5 billion and net premiums of HK$69.7 billion. Total gross claims paid amounted to HK$53 billion, while overall operating profit stood at HK$8.1 billion, including HK$3.3 billion in underwriting profits.

Direct general insurance business recorded HK$51.4 billion in gross premiums and HK$35.8 billion in net premiums. Major classes included :

• accident and health (HK$22.8 billion)
• general liability (including employees’ compensation) at HK$12.1 billion
• property damage at HK$6.2 billion
• motor vehicle at HK$5.4 billion

Profit contributions from general liability and property damage were partially offset by losses in pecuniary loss and accident and health lines.

Reinsurance inward business accounted for HK$49 billion in gross premiums and HK$33.9 billion in net premiums, with gross claims of HK$25 billion. A total underwriting profit of HK$2.1 billion was mainly attributed to property damage coverage.

We are seeking a motivated  General Insurance Executive / Executive Trainee  to help clients navigate this dynamic market while building expertise in underwriting, claims, and risk solutions.

Responsibility

Target Candidates

Employment Terms