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Manulife Hong Kong reports double-digit APE sales growth in first quarter of 2021


May 10, 2021
Agency sales continued to grow year-over-year in 1Q21 vs a strong 1Q20
Bank channel sales significantly rebounded with successful product drive
HONG KONG, May 10, 2021 /PRNewswire/ The Manulife group of companies operating in Hong Kong ( Manulife Hong Kong ) today announced strong results across key financial metrics for the first quarter of 2021, including double-digit growth in annualized premium equivalent (APE) sales.
We re very proud to deliver an outstanding first quarter, with double-digit growth across core earnings, APE sales, and new business value (NBV). Considering the constraints from the pandemic, these strong results demonstrate the underlying strength and resilience of our business, said Damien Green, Chief Executive Officer of Manulife Hong Kong. As pandemic restrictions started to ease in February, we saw sales activities quickly rebound across our distribution channels, especially in banks and our highly productive agency force ....

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Colliers Hires John Davies, Terry Shum in Hong Kong


Mingtiandi
Username
John Davies will be focusing on Kowloon office and industrial activity
Property services firm Colliers International released a report on Wednesday saying that the worst is over for Hong Kong’s real estate market and the company backed up that prediction just one day later by announcing a pair of senior hires for its local team.
John Davies is joining Colliers as an executive director tasked with upgrading the firm’s office leasing and investment advisory work in Kowloon and the New Territories, according to the company statement. Former Savills director Terry Shum is coming aboard as a director at Colliers, to leverage his Kowloon office leasing expertise while working together with Davies. ....

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