China Pacific Insurance to Tap Life Insurance Business in Hong Kong

What’s new: China Pacific Life Insurance (HK) Co. Ltd., a subsidiary of China Pacific Insurance Co. Ltd., obtained a license from Hong Kong regulators to conduct life insurance business in the city, the company said Wednesday.

China Pacific Life Insurance (HK) secured the business license in November, allowing the company to offer policies specializing in health management, wealth management and pensions starting in January, said Candy Yuen, chief executive China Pacific Life Insurance (HK).