1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Hong Kong Insurance Report Q1 2016

Hong Kong Insurance Report Q1 2016

  • December 2015
  • -
  • Business Monitor International
  • -
  • 58 pages

Includes 3 FREE quarterly updates

BMI View: Hong Kong's enormous life insurance segment is sophisticated and dynamic. All major trends -including the insurers' own ability to develop and distribute attractive new products - are favourable. In thenon-life segment, growth will likely be driven by the expansion of the accident & health insurance subsector.

Latest Updates And Forecasts

- Hong Kong's insurance sector is dominated by the massive and dynamic life segment, which accounts forabout 87% of all premiums written. Growth in life insurance premiums will be driven by a number offactors. These include Hong Kong's persistent surplus of savings and the central role played by lifeinsurance in organised savings. In addition, the population is ageing: demand for the insurers' retirementincome solutions is rising. The life insurers have been enjoying double digit growth in new business: thisis partly because of their development of attractive new products and partly because of their distributionstrategies - which normally rely on multiple channels. Finally, there are substantial, and still growing,opportunities to sell protection, savings and wealth management offerings to residents of mainland China.If anything, the risks to forecasts are to the upside.

Table Of Contents

Hong Kong Insurance Report Q1 2016
BMI Industry View 7
Table: Headline Insurance Forecasts (Hong Kong 2012-2019) 7
SWOT 8
Insurance 8
Industry Forecast 10
Life Premiums Forecast 10
Table: Life Premiums (Hong Kong 2012-2019) 13
Table: Life Insurance Claims (Hong Kong 2007-2014) 13
Non-Life Premiums Forecast 14
Table: Non-Life Premiums (Hong Kong 2012-2019) 17
Table: Non-Life Insurance Claims (Hong Kong 2008-2014) 18
Non-Life Sub-Sector Forecast 19
Table: Non-Life Insurance Premiums by Product Line (Hong Kong 2012-2019) 27
Industry Risk Reward Ratings 28
Asia Pacific Industry Risk/Reward Index 28
Table: Asia Pacific Insurance Risk/Reward Index 29
Market Overview 30
Life Market Overview 30
The Product Offering 30
Table: Life Insurance Market (USDmn), 2007-2014 31
The Competitive Landscape 32
Table: Life Insurance Market (%), 2007-2014 32
Non-Life Market Overview 34
The Product Offering 35
Table: Non-Life Insurance Market (2007-2014), USDmn 35
The Competitive Landscape 36
Table: Non-Life Insurance Market (%) 2007-2014 37
Company Profile 38
AIA Group 38
AXA 42
Manulife Financial 45
Prudential plc 47
Sun Life Financial 50
Methodology 52
Industry Forecast Methodology 52
Risk/Reward Index Methodology 55
Table: Indicators 57
Table: Weighting of Indicators 58

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
UK Travel Insurance: Market Dynamics and Opportunities 2016

UK Travel Insurance: Market Dynamics and Opportunities 2016

  • $ 3450
  • Industry report
  • August 2016
  • by Verdict Financial

Summary The UK travel insurance market declined by 12.3% to £625.4m in gross written premium (GWP) in 2015. This is a result of fewer policies being written, in addition to rates that have been prevented ...

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • October 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Belarus, Key Trends and Opportunities to 2020' report provides a detailed analysis of Belarusian insurance industry. It provides key performance indicators ...

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • September 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Montenegro, Key Trends and Opportunities to 2020' report provides a detailed analysis of Montenegrin insurance industry. It provides key performance indicators ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.