In 2023, over 100,000 visitors from mainland China purchased whole life insurance in Hong Kong, representing an increase of over 4,000 percent compared to the previous year. Since the real estate market crisis began, many Chinese with investible assets look for safe alternatives, including insurance policies from Hong Kong.
Leading types of insurance bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies
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Insurance Authority (HK). (March 7, 2024). Leading types of insurance bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/1478787/hong-kong-number-of-new-insurance-policies-bought-by-mainland-chinese-visitors-by-type/
Insurance Authority (HK). "Leading types of insurance bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies." Chart. March 7, 2024. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/1478787/hong-kong-number-of-new-insurance-policies-bought-by-mainland-chinese-visitors-by-type/
Insurance Authority (HK). (2024). Leading types of insurance bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies. Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/1478787/hong-kong-number-of-new-insurance-policies-bought-by-mainland-chinese-visitors-by-type/
Insurance Authority (HK). "Leading Types of Insurance Bought by Mainland Chinese Visitors in Hong Kong in 2022 and 2023, Based on Number of New Policies." Statista, Statista Inc., 7 Mar 2024, https://www.statista.com/statistics/1478787/hong-kong-number-of-new-insurance-policies-bought-by-mainland-chinese-visitors-by-type/
Insurance Authority (HK), Leading types of insurance bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies Statista, https://www.statista.com/statistics/1478787/hong-kong-number-of-new-insurance-policies-bought-by-mainland-chinese-visitors-by-type/ (last visited October 14, 2024)
Leading types of insurance bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies [Graph], Insurance Authority (HK), March 7, 2024. [Online]. Available: https://www.statista.com/statistics/1478787/hong-kong-number-of-new-insurance-policies-bought-by-mainland-chinese-visitors-by-type/