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, 2010-2014 (1)

(U.S. $ billions)

Year GDP
2010 $301.3
2011 327.0
2012 353.7
2013 381.7
2014 400.6

(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.

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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, 2015

 

  Gross written premiums
Company HKD Mn USD Mn
AXA General  3,797.7 489.4
CTPI(HK)  3,280.2 422.7
Bupa  2,609.6 336.3
Zurich Insurance  2,411.9 310.8
BOC Group Insurance  2,020.3 260.4
QBE HKSI  1,715.9 221.1
AIG Insurance HK  1,637.6 211.0
Blue Cross  1,242.2 160.1
ACE  1,233.3 158.9
AXA China (HK)  1,184.6 152.7

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2015

  Gross written premiums
Company HDK Mn USD Mn
Prudential (HK) Life  46,633.5 6,009.5
AIA International  45,977.1 5,924.9
HSBC Life  42,513.0 5,478.5
China Life  33,304.6 4,291.8
Manulife (Int'l)  24,085.3 3,103.8
BOC Group Life  22,662.6 2,920.4
AXA China (Bermuda)  17,740.4 2,286.1
Hang Seng Insurance  13,156.9 1,695.5
FWD Life  10,461.8 1,348.2
Transamerica Life (Bermuda)  7,391.2 952.5

Source: Axco Insurance Information Services.

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