Hong Kong's Financial Services and the Treasury Bureau announced the appointment of Mr Jacky Lio Veng-hei and Professor Hui Kai-lung as non-official members of the Industry Advisory Committee on General Business of the Insurance Authority for a two-year term from 1 July 2025 to 30 June 2027. The Bureau also thanked outgoing members Dr Fung Hong and Professor Tang Heiwai for their contributions. The Industry Advisory Committee on General Business is a statutory committee under the Insurance Ordinance (Cap. 41) that advises the Insurance Authority on matters relating to general insurance, drawing members from across the insurance industry and related fields including fintech, medical, legal and academia.