Hong Kong

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Hong Kong Federation of Insurers
Web: www.hkfi.org.hk

 

POPULATION, 2011-2014 (1)

Year Population
2011 7,122,508
2012 7,153,519
2013 7,182,724
2014 7,112,688

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $318.2
2010 301.3
2011 327.0
2012 353.7
2013 381.7

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $4,016
Life premiums 32,059
Total premiums $36,075
Percent of total world premiums 0.78%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company HDK Mn USD Mn
AXA General  3,501.1 450.6
Zurich Insurance  2,615.0 336.6
Bupa  2,094.2 269.5
BOC Group Insurance  1,783.7 229.6
CTPI(HK)  1,782.0 229.4
AIG Insurance HK  1,712.7 220.4
QBE HKSI  1,423.0 183.1
Asia Insurance  1,415.9 182.2
CNOOC Insurance  1,409.4 181.4
MSIG Insurance  1,082.0 139.3

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company HDK Mn USD Mn
HSBC Life  43,190.0 5,558.6
AIA International  32,931.7 4,238.3
Prudential (UK)  27,132.9 3,492.0
Manulife (Int'l)  20,294.9 2,612.0
China Life  19,513.0 2,511.3
BOC Group Life  17,981.7 2,314.2
AXA China (Bermuda)  13,582.7 1,748.1
Hang Seng Insurance  11,141.2 1,433.9
FWD Life  8,015.9 1,031.6
Sun Life Hong Kong  6,385.9 821.9

Source: Axco Insurance Information Services.

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