Marc Karim Baloch

#RetireWell As a multi award-winning trusted MPF provider, AIA Hong Kong aspires to support everyone to achieve their desired retirement. Act now to make your desired retirement come true by consolidating your MPF assets with AIA, the grand winner of the "Outstanding MPF/Employees' Benefit Product/Service Award" for the 4ᵗʰ consecutive year¹, and enjoy up to HK$13,888 bonus²! Learn more: aia.com.hk/en/mpf-pa  Contact us: aia.com.hk/en/mpf-enquiry #AIA_Aspire #AIAHongKong #HealthierLongerBetterLives #AIAMPF ¹ The assessment period of the above award is from 1 July 2019 to 30 June 2023 (4 years in total). "Hong Kong Insurance Awards” is organised by the Hong Kong Federation of Insurers and co-organised by SCMP. It honours industry practitioners for their top-notch performance. For each of the 22 award categories, a grand winner was selected from the top three finalists. The professional panel of judges comprised notable and respected figures from across the business, academic and community sectors. ² Terms and conditions apply. Investments involve risks. The above information is for reference only and is not and should not be taken as financial or investment advice, offer or solicitation to subscribe for any investment products (including MPF scheme). You should not rely solely on the information provided on this post in making any investment decision. Before making any investment decision, you must carefully assess your own risk tolerance level and financial circumstances, and refer to the relevant MPF scheme brochure for details (including risk factors and charges). If you have any question on the content of the above information, please seek independent advice from professionals. This advertisement is issued by AIA International Limited (Incorporated in Bermuda with limited liability) (“AIA”) and has not been reviewed by the Securities Futures Commission.

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MPF Ratings continues to assess the performance of the MPF Funds, highlighting the best performers and providing valuable insights for MPF members! According to the latest data, the 2024 Gold Rated scheme - AIA MPF has multiple funds that have excelled across various investment horizons, securing top positions in their respective categories: ．NO. 1 in 3 Year, 5 Year & 10 Year Return: Equity Fund (Asia) category - AIA Asian Equity Fund ．NO. 1 in Year-to-Date, 1 Year, 3 Year & 5 Year Return: Equity Fund (Global) Index Tracking sub-category - AIA World Fund ．NO. 1 in 5 Year Return: Equity Fund (HK & China) category - AIA Greater China Equity Fund ．NO. 1 in 3 Year Return: Equity Fund (US) category - AIA North American Equity Fund ．NO. 1 in 10 Year Return: Mixed Asset Fund (81-100% Equity) category - AIA Growth Portfolio ．NO. 1 in Year-to-Date & 1 Year Return: ESG Fund category - AIA Green Fund Stay tuned for more insights on MPF fund performance! Note: The data presented is based on MPF Ratings statistics as of August 31, 2024 #mpfratings #MPFScorecard #MPFHealthCheck #MPFFastMover #MPFRConsistentPerformers #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #mpf #investment #empf

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Hong Kong, Singapore and Zurich have maintained their positions as the top three most expensive cities for international employees in our 2024 city ranking. Explore the full rankings of over 220 global cities and find out where your city stands. #HumanResources #FutureofWork #talent #mobility

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🚀 Join the MPF HR Survey & Get the Mirror Report! 🚀 60% of employees expect employers to select an MPF scheme with better performance? Is your company's MPF offer aligned with employee wishes? Join our MPF HR Survey 2024 now - here is the expectation gap that is worth understanding! GUM | Your MPF Expert | Hong Kong launches this annual survey in order to investigate employers' practices and employees' behaviors and their expectations towards MPF. This year, we completed the MPF Employee survey in May 2024, gathering responses from over 800 employees. Here comes the HR Survey to mirror the results of employee survey! As a token of our appreciation, all respondents will receive a complimentary survey report in late June! Join Survey Now: https://lnkd.in/gKCzEMV7 Survey Deadline: 3 June 2024 #GUM #MPFSurvey #MPFHRSurvey #MPF #MirrorReport #EmployerSurvey #EmployeeSurvey #SurveyReport 

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Great opening session at the 20th SIRC (Singapore International Reinsurance Conference) this afternoon. Great to hear insight from our Swiss Re Group CEO Andreas Berger on the protection gap, the importance of data, AI and natural disasters, and many other topics affecting the industry, great hosting by Jane Cheng of NMG. Looking forward to catching up with friends, colleagues and partners over the next few days and to having some enlightening discussions. #insurance #reinsurance #riskmanagement #swissre #climate

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Our latest insights from the MPF Fast Mover Report have indicated that, on a year-to-date basis, 5 sponsors are taking market share from the rest of the market, with HSBC and BOCI-Prudential leading the way and including top performers: ．AIA ．BOCI-Prudential ．Hang Seng ．HSBC ．Manulife Stay tuned! For further information: [email protected] #mpfratings #MPFScorecard #MPFHealthCheck #MPFFastMover #MPFRConsistentPerformers #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #mpf #investment #empf

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We can all probably recall the sense of pride, excitement, and trepidation of our first day in the office. That’s why I find working with interns to be one of the most rewarding aspects of our business. By experiencing diverse cultures and business environments, we hope our interns can develop a global perspective that is increasingly valuable in today’s interconnected world as they start their career journey. We are committed to enabling a rewarding learning experience and providing opportunities. It’s a two-way street - while our more seasoned colleagues can share the wisdom of experience, our interns in turn energize our teams and challenge us to think differently. #TLB #employeespotlight #greatplacetowork #internships #futureleaders #joinus

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【#MPFANews Transforming MPF for a Bright Future】 #MPFA Executive Director (Policy) Mr Eric Cheng spoke at an #MPF forum on 28 November, sharing the most recent advancements in the MPF System and key initiatives undertaken by the MPFA to enhance the accumulation of retirement savings for the working population.   Mr Cheng highlighted that according to World Bank's outcome-based assessment framework for private pensions, MPF is doing well in terms of coverage, sustainability and security, and is making good progress in improving efficiency and adequacy. The MPFA is committed to improving the MPF System through various reform initiatives including ongoing efforts to implement #eMPF, drive reduction of fees, optimize investment regulations to facilitate diversification and enhance risk-adjusted return potential, review minimum and maximum relevant income levels for MPF contributions and encourage voluntary contributions. These initiatives aim to enhance retirement protection for the workforce.   #MPFANews #MPFA #MPF #eMPF

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Mortality Resilience Improves in China: A Regional Perspective In recent years, China's mortality resilience has shown significant improvement, particularly through increased life insurance uptake across its provinces. A comprehensive study by the Swiss Re Institute, utilizing their Resilience Index methodology, reveals that from 2022 to 2023, the mortality protection gap narrowed by 6%, while the resilience index rose by 2.3 percentage points. The resurgence in life insurance coverage has been a key driver of this positive trend. Despite economic challenges, the life insurance sector experienced a notable recovery, contributing to greater financial protection for families against the premature loss of a breadwinner. Notably, provinces like Beijing and Shanghai saw the most substantial gains, reflecting the robust growth in the life insurance market. While disparities in mortality resilience persist across regions, the overall trend indicates a strengthening of financial protection mechanisms, particularly in less economically developed areas, setting a positive trajectory for the future. #ageingsociety #longevity #lifeinsurance #buildingsocietalresilience #resilience https://lnkd.in/d_b5dTVn

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It’s not Event Insurance, it’s Event Cancellation Insurance. #insurancetechtips #insurancetechnicalconsulting With the 2024 Olympic Games running on schedule, take a look back at the 2020 Olympics which were to be held in Tokyo starting in July. In March 2020, the Games were postponed to 2021. This was better news than a total cancellation for the athletes, the advertisers and the tourism industry of Japan. It was also good news for insurers.   Many insurance professionals are familiar with Event Insurance. It primarily provides general liability, and often liquor liability for an event or series of events. Usually such events are short-term, and can be sporting, parties, fundraising, festivals, conventions, performances, etc. The policy defends against and settles claims of property damage and bodily injury, just as any GL or LL policy would do.   Event Cancellation is a slightly different animal, and is what came into play (pardon the pun) for the Olympics. According to publicly available information, Event Cancellation coverage has been purchased since at least the 2004 Games in Athens. Many other event organizers purchase this specialty insurance, but the 2020 Games may be the most public example of its use.   This type of coverage protects expected revenue or unexpected expenses from the cancellation of an event. Cancellation can be due to a variety of causes, such as: weather terrorism cyber attacks labor disputes earthquakes non-appearance of speaker or performer failure of public transport damage to venue or infrastructure disease failure of broadcasting power failure civil or political unrest   In the case of a cancellation, many event costs do not disappear. For the Games, the costs are in the billions. At the same time, expected revenues do not flow – from sponsors and advertisers, ticket sales, and exhibitors. In addition, new costs arise to administer the cancellation: refunding tickets, advertising, etc. Unearned revenue from tourism likely goes uninsured, but the other investments and loss of revenues are insurable. Moving the 2020 Games to 2021 is estimated to have cost insurers $2 billion.   Many event organizers are familiar with the fact that they need event insurance, if only because the hosting venue requires it. But to provide broader coverage that will protect the organizers’ revenue as well as liability exposures, consider offering event cancellation insurance. https://lnkd.in/gqaCUCAG

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🤝 Exciting new partnership with Manulife Hong Kong and Macau 🤝 Syfe is proud to announce a new collaboration with Hong Kong’s number 1 MPF provider to help its members make confident retirement planning decisions. Manulife's MPF member survey found that 71% had problems managing their MPF investments, whilst 53% felt they lacked enough knowledge in MPF portfolio management. To address this, Manulife has launched a new 𝐌𝐏𝐅 𝐑𝐨𝐛𝐨-𝐀𝐝𝐯𝐢𝐬𝐨𝐫 𝐩𝐨𝐫𝐭𝐚𝐥 which features an innovative digital tool from Syfe, designed to recommend an MPF-fund-based portfolio based on each person’s unique circumstances and investment needs. The recommendation includes full transparency into the portfolio allocation, such as asset class breakdown and top holdings, enabling simpler and more informed decision making. You can read more about the partnership here:  https://lnkd.in/d7PfTwsc Below: Jeanie Ho (Head of Hong Kong and Macau Retirement, Manulife, centre) Kevin Li (General Manager and Head of Syfe Hong Kong, left)

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Now is the time for resilient, low volatility stocks - Watch AXA Investment Managers' Ram Rasaratnam on Portfolio Construction Forum https://lnkd.in/gQV2R6vY #PortfolioForum #Strategies #Markets #Equities #Shares #GlobalEconomy #SmallCaps #LowVolEquities

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Now is the time for resilient, low volatility stocks - Watch AXA Investment Managers' Ram Rasaratnam on Portfolio Construction Forum https://lnkd.in/gQV2R6vY #PortfolioForum #Strategies #Markets #Equities #Shares #GlobalEconomy #SmallCaps #LowVolEquities

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【Four Guidelines for Choosing an Insurance Company】 Read the article: https://lnkd.in/g2adCmy6 In Hong Kong, it is not uncommon to hear news about small and medium-sized #insurance companies undergoing ownership changes or selling their equity. Earlier this year, foreign media reported that a relatively new insurance company in Hong Kong is contemplating selling its equity to other investors and changing its name. This move is aimed at potentially attaining a valuation of over $10 billion, which would help alleviate debt and improve profitability. In recent years, with the rapid development of online information, many clients have started comparing multiple options before making their final decision. So, How should one choose the appropriate insurance company? In this Hong Kong Economic Journal article, I will share the 4 guidelines for it! #HongKongEconomicJournal #HKEJ #HNW #UHNW #AssetInheritance #WealthManagement #AssetManagement #FinancialPlanning #InvestmentStrategy #RiskManagement #FinancialFreedom #insurance #finance #WealthManagementManager #AIA #AIAHK #WaveChow 

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Good summary in Asia Insurance Review

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I had the privilege of engaging in a great conversation with Bernhard Kotanko, Senior Partner at McKinsey & Company, and Adam Siddique, Head of Public and External Affairs at Zurich Insurance, where we delved into the dynamics of China's Greater Bay Area (GBA). The Greater Bay Area represents not just a geographical concept but a bold vision for economic growth and sustainability. It's a center of innovation and tradition, presenting a unique blend of opportunities and challenges, especially in the realm of financial services. While the potential for growth is immense, so is the need for thoughtful, customer-centric solutions. Integrating such a diverse region comes with its set of challenges. We discussed strategies to navigate these complexities, focusing on collaborative solutions and leveraging technology to create seamless experiences for customers across borders. Click the link below to watch and listen to the full conversation! #GreaterBayArea #FinancialServices #Integration #Innovation #Technology

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