British insurance giant Prudential Plc opened a Macao branch Monday, becoming the second life insurer to launch activities in the special administrative region in two decades. Although Macao's insurance market is still small, it is becoming a new option for some Chinese mainlanders. During the pandemic, Hong Kong closed its border with the Chinese mainland, prompting some mainland insurance shoppers turn to Macao.

https://www.caixinglobal.com/2023-06-14/britains-prudential-opens-macaos-second-life-insurance-operation-in-20-years-102065583.html

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