Post-takeover Hong Kong will hold to its course

Article Abstract:

Evidence suggests that Hong Kong shall remain a competitive market even after the takeover by China. Long-term insurance coverages, annuities and disability insurance registered a 22% growth rate. Property/casualty insurance premiums, which have almost tripled in size since 1985, grew about 80% from the 1990-1995 period. However, its premiums fell by 8% in 1996. Insurer portfolios have increased since 1985 owing to the rapid growth of automobile and employees compensation/employers' liability insurance coverages.

Economic aspects, Hong Kong, Reinsurance

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Group teleconferencing offers exchange of ideas

Article Abstract:

Teleconferencing among property and casualty insurance agents allows communication without the travel expense. Successes and concerns can be discussed without the possibility of assisting the local competition. Rates and services vary among teleconferencing providers. Disadvantages include the greater expense of a teleconferencing call over a regular telephone call and the lack of visual information from face to face meetings.

Telecommunications systems

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Group teleconferencing can give careers a boost

Article Abstract:

Group teleconferencing can be less expensive than business travel for insurance professionals and allows information sharing without assisting the competition. Disadvantages include a lack of visual information but agendas can alleviate this disadvantage. It is important to evaluate the prices and services offered by telecommunications providers to ensure the best teleconferencing available.

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