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, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $4,182
Life premiums 36,856
Total premiums $41,038
Percent of total world premiums 0.86%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company HKD Mn USD Mn
AXA General 3,650.9 470.8
Zurich Insurance 2,657.0 342.7
Bupa 2,351.6 303.3
CTPI (HK) 2,043.6 263.6
BOC Group Insurance 1,842.6 237.6
QBE HKSI 1,763.2 227.4
AIG Insurance HK 1,551.2 200.1
CNOOC Insurance 1,452.4 187.3
Asia Insurance 1,254.7 161.8
AXA China (HK) 1,161.3 149.8

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company HDK Mn USD Mn
HSBC Life 45,396.1 5,854.5
AIA International 42,572.1 5,490.3
Prudential (HK) Life 34,506.5 4,450.1
China Life 28,520.2 3,678.1
Manulife (Int'l) 21,844.5 2,817.2
BOC Group Life 16,756.8 2,161.0
AXA China (Bermuda) 15,990.3 2,062.2
Hang Seng Insurance 12,241.1 1,578.7
FWD Life 9,017.0 1,162.9
Sun Life Hong Kong 6,209.3 800.8

Source: Axco Insurance Information Services.

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