Enriching Lives

Enriching Lives

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Insurance is one of Hong Kong's oldest industries. In the nineteenth century the lucrative trade between China and Europe carried many risks - piracy, warfare, fire, loss of goods, and other mishaps. Dozens of different insurance firms - some home-grown, others imported - established themselves in the colony to protect ships and their cargoes. With the diversification of Hong Kong's economy into manufacturing and services, Hong Kong became a global centre of insurance, and the industry continues to transform itself today through changing practices and new lines of business. This is the first comprehensive history of Hong Kong's insurance industry, and it argues its central importance in the economy. Typhoons, shipwrecks, fires, wars, political turbulence and unexpected events of all kinds provide a dramatic background to a fascinating survey; the book is richly illustrated with photographs and documents. Ngaw Mee Kauis a former vice president of Lingnan University, Hong Kong.Feng Bangyanis professor of the College of Economics, Jinan University. qThe book will help students better understand the development of the industry and the important role it plays in Hong Kong, as well as building up their knowledge and sense of belonging in the industry. It will be of interest to people from the field of insurance and finance, people who are interested in Hong Kong history, as well as the general public.q -- Chan Kin-por, chief executive, Hong Kong office, Munich ReA History of Insurance in Hong Kong, 1841-2010 Bangyan Feng, Mee Kau Nyaw ... AIA and Citibank jointly promoted a plan that granted holders of certain credit cards up to $100, 000 in automatic life coverage a#39; Products related to theanbsp;...

Title:Enriching Lives
Author: Bangyan Feng, Mee Kau Nyaw
Publisher:Hong Kong University Press - 2010-12-01

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