In 2019, the value of total assets of insurance corporations amounted to over 484 billion U.S. dollars, an increase of almost 90 billion U.S. dollars compared to the previous year. Nonetheless, insurers in Hong Kong struggled under the impact of COVID-19, reporting the lowest sales numbers since the 2008 financial crisis. One reason was the travel restrictions that inhibited mainland Chinese from traveling to the city to purchase insurance policies.
Total assets of insurance companies in Hong Kong from 2002 to 2019
(in billion U.S. dollars)
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Financial Stability Board. (December 16, 2020). Total assets of insurance companies in Hong Kong from 2002 to 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 22, 2022, from https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/
Financial Stability Board. "Total assets of insurance companies in Hong Kong from 2002 to 2019 (in billion U.S. dollars)." Chart. December 16, 2020. Statista. Accessed January 22, 2022. https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/
Financial Stability Board. (2020). Total assets of insurance companies in Hong Kong from 2002 to 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 22, 2022. https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/
Financial Stability Board. "Total Assets of Insurance Companies in Hong Kong from 2002 to 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Dec 2020, https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/
Financial Stability Board, Total assets of insurance companies in Hong Kong from 2002 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/ (last visited January 22, 2022)
