Hong Kong insurance premiums up 5.2%

Pedro Gonçalves
clock • 2 min read

Insurance premiums in Hong Kong registered a 5.2% YoY increase, with total gross premiums reaching HK$514.5 billion in 2018, according to the latest figures from Hong Kong's Insurance Authority (IA). The individual life category amounted to HK$426.3 billion or 92.4% of total long term business, the IA said. The respective number of policies in 2018 stood at 13.2 million, carrying net liabilities of HK$1,947.8 billion. The total gross and net premiums of general insurance business stood ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login