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 ...

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