The Insurance Authority released provisional statistics for Hong Kong's insurance industry for the first half of 2017, with gross premiums of $236.7 billion, up 14.1% year on year. Premium income from long-term business in force rose 15.1% to $211.2 billion, while gross premiums for general insurance grew 6% to $25.5 billion, and overall underwriting profit fell from $1.1 billion to $369 million.
Why read this: The article lists the 14.1% year-on-year rise in gross premiums and the changes in individual business segments, allowing verification of the performance differences between life and general insurance.