AEON Credit Service (Asia) Dissolves Subsidiary AEON Insurance Brokers (HK) Limited

Reuters
Jun 27
AEON Credit Service (Asia) Dissolves Subsidiary AEON Insurance Brokers (HK) Limited

AEON Credit Service (Asia) Company Ltd. has announced the dissolution of its wholly-owned subsidiary, AEON Insurance Brokers (HK) Limited $(AIB)$, through deregistration. This decision was approved at AIB's annual general meeting on June 27, 2025. AIB, which was engaged in the insurance brokerage business in Hong Kong, ceased operations in March 2025 after voluntarily revoking its insurance intermediary license. The deregistration is part of AEON's strategy to focus on a more profitable insurance intermediary business based on the agency model. The company anticipates no significant adverse impact on its financial performance or operations from this move.

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