Hong Kong Business Directory

Company Background

Hang Seng Insurance Co Ltd, a leading general insurance company in Hong Kong and a wholly-owned subsidiary of Hang Seng Bank, has more than 30 years' general insurance experience. It was formerly known as Associated Bankers Insurance Co Ltd. Hang Seng Insurance became a wholly-owned subsidiary of Hang Seng Bank in 1993.

Business Activities

Hang Seng Insurance provides a full range of general insurance services, including fire, marine and accident insurance. With its wide product range in personal and commercial insurance, premium service and strong backup from the extensive branch network of Hang Seng Bank, Hang Seng Insurance is one of the major insurers in Hong Kong. In 2003, the Company's gross premium and profit after tax were HK$534 million and HK$155 million respectively. Since Dec 1999, the leading credit rating company A M Best Company has assigned Hang Seng Insurance an A+(Superior) rating on its financial strength. This clearly demonstrated the solid background and status of the Company within the insurance industry.