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Insurance Growth
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Expanding Insurance Market


Insurance is becoming an increasingly important market within the financial services sector. Hong Kong now has 175 authorised insurers in operation, 86 of which are overseas-incorporated. Growing popularity of investment-linked products and increasing demand for niche insurance products have all enhanced prospects for Hong Kong's insurance industry. The Hong Kong insurance industry continued its robust performance in 2004 with total gross premiums reaching US$16 billion, a remarkable growth rate of 19.5% over 2003.

The benefits of Hong Kong have established the city as the leading financial services centre for Asia and Greater China and its development is creating exciting potential growth for global players.

Hong Kong now has over 175 authorised insurers in operation, 86 of which are overseas-incorporated.



Related Links

Office of the Commissioner of Insurance
The Hong Kong Federation of Insurers
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    Last updated on: 20/4/2006