Fortis Insurance Company (Asia) Limited · Hong Kong
Company Description
27/ F, Wing On Centre 111 Connaught Rd. Central
Hong Kong
(Map)
Phone: +852-2591-8898
Fax: +852-2264-3222
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This link will open in a new window East meets West in Fortis Insurance Company (Asia) Limited, one of several international insurance operations owned by Europe's Fortis Insurance . Serving the Hong Kong market, Fortis Insurance Asia provides individual and group life insurance, health and disability insurance, and investment products. It also acts as an agent for two general insurers -- Ming An Insurance Company and the Asia Insurance Company -- providing property/casualty insurance to its customers. Formerly known as Pacific Century Insurance Holdings, the company was acquired by Fortis in 2007 as part of that company's expansion efforts in Asia. To read the full description, subscribe now.
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Key Fortis Insurance Company (Asia) Limited Financials
| Company Type | Subsidiary Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $2,913.1 |
Fortis Insurance Company (Asia) Limited Executives
6 executives listed for Fortis Insurance Company (Asia) Limited's , location.
| Title | Name & Bio | Contact |
| Chairman | Francis Yuen | Network |
| CEO | Raymond Chan | Network |
| SVP Operations | Vivian Choi | Network |
Competition
Competitive Landscape for Fortis Insurance Company (Asia) Limited
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Fortis Insurance Company (Asia) Limited Competitors
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