Core Insights - The core viewpoint of the news highlights the robust performance of Manulife Insurance in 2024, showcasing its significant claims payout and operational efficiency, which underscores the value of insurance in providing financial security during critical times [1][3]. Claims Performance - In 2024, Manulife Insurance reported total claims payments exceeding 1 billion HKD, covering 30,124 claims with a successful claim rate of 95% [3]. - Breakdown of claims includes 19,826 hospital claims (approximately 440 million HKD), 8,767 accident claims (approximately 60 million HKD), 823 severe illness claims (approximately 220 million HKD), and 708 death claims (approximately 280 million HKD) [3]. Financial Stability - The solvency ratio for the year remained above 240%, significantly exceeding the minimum regulatory requirement of 100% in Hong Kong, indicating strong capital adequacy to meet potential risks and fulfill payout commitments [3][4]. - This financial strength is supported by professional fund management, enabling long-term investment strategies and providing a safety net for clients [3]. Corporate Strength and Investment Philosophy - Manulife Insurance benefits from the backing of its major shareholder, Manulife Financial, which has over 170 years of operational history and holds top global credit ratings, enhancing its capital strength and risk management capabilities [4]. - The company also collaborates with Balyasny Asset Management, known for its expertise in managing long-term life insurance funds, which manages 80% of its underlying assets and 99% of fixed-income investments [4]. Innovative Investment Strategy - Manulife Insurance has introduced the "Invesurance" investment philosophy, integrating stable fixed-income assets with alternative investments to create a balanced "1+N" investment system [6]. - This strategy aims to ensure sufficient capital for fulfilling claims while also pursuing long-term growth opportunities through a diversified investment network [6]. - The combination of fixed income and alternative assets positions insurance not only as a risk management tool but also as a wealth amplifier for clients [6].