HONG KONG SAR - Media OutReach Newswire - 16 June 2025 - Chubb Life Hong Kong (Chubb Life HK) today launched its first wealth centre, Chubb 1792 Club, marking a pivotal moment in its insurance and wealth management journey. Located at The Gateway in Tsim Sha Tsui, a premier business and tourism district, Chubb 1792 Club aims to serve the increasing health and wealth needs of affluent customers and high-net-worth (HNW) individuals in Hong Kong as well as incoming visitors to the city.
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(From Left) Ms Joan Tam, Head of Brokerage, Chubb Life Hong Kong, Ms Ivy Cheung, Chief Marketing Officer, Chubb Life Hong Kong, Mr. Eric Ng Tung Hing, Global Chief Financial Officer, Chubb Life, Mrs Belinda Au, President of Hong Kong and Head of North Asia, Chubb Life Hong Kong, Mr Bryce Johns, Global President, Chubb Life, Mr William Man, Chief Operation Officer, Chubb Life Hong Kong |
The launch of Chubb 1792 Club marks a key milestone for Chubb Life as Hong Kong accelerates its ascent as a global insurance and wealth management powerhouse, attracting affluent and HNW customers and their assets. By the end of 2023, the asset and wealth management sector reached a remarkable HK$31.2 trillion, with 64% of assets sourced from non-Hong Kong residents. This acceleration is particularly evident in the life insurance sector, which saw record-breaking sales in 2024 as both local residents and Mainland Chinese visitors sought protection and wealth management solutions. Notably, Mainland Chinese visitors spent HK$62.8 billion in 2024 mainly on life, critical illness and medical policies, a 6.5% increase from the previous year, reinforcing the city's potential to attract and manage wealth for affluent and HNW individuals.
Additional information can be found at: www.chubb.com.
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