Hong Kong Insurance Sales Surge as Chinese Tourists Return
Hong Kong's insurance sector is experiencing a significant rebound, driven by the return of Mainland Chinese visitors. According to data from Jefferies and the Hong Kong Insurance Authority, visitor numbers have increased, with average monthly arrivals reaching 4.8 million in the first quarter of 2026, a 17% rise from the previous year. Mainland Chinese visitors, in particular, have contributed to this growth, with their numbers increasing by 20% compared to the same period in 2025. This influx has bolstered cross-border life insurance sales, with new business premiums rising by 33% year-on-year in the fourth quarter of 2025. Despite global investor caution, local market participants remain optimistic about the sector's prospects.