The Times Australia
News From Asia

.

AIA Hosts Healthcare Financing Summit To Foster Cross-Sector Collaborative Solutions for Hong Kong’s Healthcare Sustainable Future

HONG KONG SAR - Media OutReach Newswire - 4 July 2025 - AIA Hong Kong & Macau (AIA) hosted the inaugural Healthcare Financing Summit (the Summit) as an active step towards fostering cross-sector dialogue and collaboration to address the challenges facing Hong Kong's healthcare system.

Held under the theme "Sustainable Healthcare Financing through Partnership", the Summit brought together a diverse group of stakeholders – including government officials, legislators, regulators, and leaders from the healthcare and insurance industries – to explore collaborative solutions for building a healthcare system that is accessible, affordable, and effective for the sustainable future of Hong Kong.

Caption: Professor Chung-mau Lo, Secretary for Health of the Hong Kong Special Administrative Region Government (centre); Mr Clement Cheung Wan-ching, Chief Executive Officer of the Insurance Authority (right); and Mr Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau (left), officiating the opening at the Healthcare Financing Summit
Caption: Professor Chung-mau Lo, Secretary for Health of the Hong Kong Special Administrative Region Government (centre); Mr Clement Cheung Wan-ching, Chief Executive Officer of the Insurance Authority (right); and Mr Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau (left), officiating the opening at the Healthcare Financing Summit

The event featured distinguished speakers, including Professor Chung-mau Lo, Secretary for Health of the Hong Kong Special Administrative Region Government, and Mr Clement Cheung Wan-ching, Chief Executive Officer of the Insurance Authority, who shared their insights on the future of Hong Kong's healthcare. Discussions focused on the growing challenges of rising healthcare costs, an ageing population, the critical needs to foster price transparency and budgeting for patients, clinical governance in private medical services, and how stakeholders can work together to ensure the long-term sustainability of Hong Kong's healthcare.

Caption: Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau, delivers the opening address, highlighting the importance of collaboration across sectors to build a more inclusive and sustainable healthcare system for the community and future generations.
Caption: Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau, delivers the opening address, highlighting the importance of collaboration across sectors to build a more inclusive and sustainable healthcare system for the community and future generations.

Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau, said: "It is important for society to continue investing in better healthcare. It represents a growing share of our economy - and an even greater share of our hope for a sustainable and resilient future for all generations.

While Hong Kong's healthcare system is widely recognised for its professionalism, trust, and exceptional outcomes, it is facing increasing pressure from demographic shifts, medical inflation, and rising demand across both the public and private sectors.

As an insurer deeply rooted in Hong Kong, AIA is committed to supporting our society in overcoming these pressing challenges. We believe that meaningful change begins with collective action, guided by a shared sense of conscience and responsibility. Thanks to the valuable contributions of all participants, this Summit has brought together an alliance in action—marking the beginning of a shared journey towards building a more inclusive and sustainable healthcare system for our community and future generations.

Yet this is only the beginning. The future depends on the continued, purposeful actions of all stakeholders. Together, we can play a pivotal role in shaping a healthcare system that empowers people to live Healthier, Longer, Better Lives."

Caption: Alice Liang, Chief Proposition and Healthcare Officer of AIA Hong Kong & Macau, presents her topical address, “Healthcare - Insurance Industry Experience”, sharing data-driven observations and insights on the evolving role of insurers in shaping sustainable healthcare financing models.
Caption: Alice Liang, Chief Proposition and Healthcare Officer of AIA Hong Kong & Macau, presents her topical address, “Healthcare - Insurance Industry Experience”, sharing data-driven observations and insights on the evolving role of insurers in shaping sustainable healthcare financing models.
Caption: Distinguished speakers, panelists and guests at the Healthcare Financing Summit hosted by AIA Hong Kong & Macau
Caption: Distinguished speakers, panelists and guests at the Healthcare Financing Summit hosted by AIA Hong Kong & Macau
Caption: The Healthcare Financing Summit bringing together government officials, legislators, regulators, and leaders from the healthcare and insurance industries to explore collaborative solutions for building a healthcare system that is accessible, affordable, and effective for the sustainable future of Hong Kong.
Caption: The Healthcare Financing Summit bringing together government officials, legislators, regulators, and leaders from the healthcare and insurance industries to explore collaborative solutions for building a healthcare system that is accessible, affordable, and effective for the sustainable future of Hong Kong.

Hashtag: #AIA #友邦

The issuer is solely responsible for the content of this announcement.

About AIA Hong Kong & Macau

AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have over 18,000 financial planners1, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers2, offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.

1 as of 31 March 2025

2 Including AIA Hong Kong and AIA Macau's individual life, group insurance and pension customers (as of 31 March 2025)

Times Magazine

Building a Strong Online Presence with Katoomba Web Design

Katoomba web design is more than just creating a website that looks good—it’s about building an onli...

September Sunset Polo

International Polo Tour To Bridge Historic Sport, Life-Changing Philanthropy, and Breath-Taking Beau...

5 Ways Microsoft Fabric Simplifies Your Data Analytics Workflow

In today's data-driven world, businesses are constantly seeking ways to streamline their data anal...

7 Questions to Ask Before You Sign IT Support Companies in Sydney

Choosing an IT partner can feel like buying an insurance policy you hope you never need. The right c...

Choosing the Right Legal Aid Lawyer in Sutherland Shire: Key Considerations

Legal aid services play an essential role in ensuring access to justice for all. For people in t...

Watercolor vs. Oil vs. Digital: Which Medium Fits Your Pet's Personality?

When it comes to immortalizing your pet’s unique personality in art, choosing the right medium is ...

The Times Features

Does ‘fasted’ cardio help you lose weight? Here’s the science

Every few years, the concept of fasted exercise training pops up all over social media. Faste...

How Music and Culture Are Shaping Family Road Trips in Australia

School holiday season is here, and Aussies aren’t just hitting the road - they’re following the musi...

The Role of Spinal Physiotherapy in Recovery and Long-Term Wellbeing

Back pain and spinal conditions are among the most common reasons people seek medical support, oft...

Italian Lamb Ragu Recipe: The Best Ragù di Agnello for Pasta

Ciao! It’s Friday night, and the weekend is calling for a little Italian magic. What’s better than t...

It’s OK to use paracetamol in pregnancy. Here’s what the science says about the link with autism

United States President Donald Trump has urged pregnant women[1] to avoid paracetamol except in ...

How much money do you need to be happy? Here’s what the research says

Over the next decade, Elon Musk could become the world’s first trillionaire[1]. The Tesla board ...

NSW has a new fashion sector strategy – but a sustainable industry needs a federally legislated response

The New South Wales government recently announced the launch of the NSW Fashion Sector Strategy...

From Garden to Gift: Why Roses Make the Perfect Present

Think back to the last time you gave or received flowers. Chances are, roses were part of the bunch...

Do I have insomnia? 5 reasons why you might not

Even a single night of sleep trouble can feel distressing and lonely. You toss and turn, stare...