Hong Kong Insurance Market Sees Surge with 109,813 New Policies in 2025
Hong Kong's long-term insurance market experienced significant growth in 2025, recording 109,813 new direct long-term policies. This expansion brought in $21.1 billion in single premiums and $22.0 billion in annualized premiums, according to provisional figures from the Insurance Authority. The new business covered 1.1 million lives, with sums assured or annuities per annum reaching $96.5 billion. Participating business remained the largest segment by annualized premiums, with whole life products accounting for a substantial portion. By the end of December 2025, the in-force business included 16.1 million policies covering 1.4 million lives, with total sums assured reaching $1.4 trillion. 
