Insurance Authority publishes provisional statistics for Hong Kong insurance industry in first half of 2021
保險業監管局公布2021年上半年香港保險業臨時統計數字
The Insurance Authority published provisional statistics for the Hong Kong insurance industry in the first half of 2021. Total gross premiums reached $307 billion during the period, down 2.2% from the same period last year. Total premium income from long-term business was $273.6 billion (down 2.4%), while new business premiums from mainland visitors contracted to about $200 million (down 96.5%). Gross premiums for general insurance business were $33.4 billion (down 0.3%), and overall underwriting profit improved from $624 million to $794 million.
Lists gross premiums for the first half of the year and breakdown figures for long-term and general business, along with year-on-year changes, allowing verification of trends in new business premiums from mainland visitors and underwriting profits.
Source: 保監局·新聞稿 · ia.org.hk