In 2022, there were 941 thousand insured vehicles in Hong Hong with an average premium of 5,257 Hong Kong dollars. At the same time, the net loss ratio reached almost 67 percent.
Number of vehicles cover by insurance in Hong Kong from 2018 to 2022
(in Hong Kong dollars)
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Insurance Authority (HK). (September 28, 2023). Number of vehicles cover by insurance in Hong Kong from 2018 to 2022 (in Hong Kong dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1478447/hong-kong-number-of-insured-vehicles/
Insurance Authority (HK). "Number of vehicles cover by insurance in Hong Kong from 2018 to 2022 (in Hong Kong dollars)." Chart. September 28, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1478447/hong-kong-number-of-insured-vehicles/
Insurance Authority (HK). (2023). Number of vehicles cover by insurance in Hong Kong from 2018 to 2022 (in Hong Kong dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1478447/hong-kong-number-of-insured-vehicles/
Insurance Authority (HK). "Number of Vehicles Cover by Insurance in Hong Kong from 2018 to 2022 (in Hong Kong Dollars)." Statista, Statista Inc., 28 Sep 2023, https://www.statista.com/statistics/1478447/hong-kong-number-of-insured-vehicles/
Insurance Authority (HK), Number of vehicles cover by insurance in Hong Kong from 2018 to 2022 (in Hong Kong dollars) Statista, https://www.statista.com/statistics/1478447/hong-kong-number-of-insured-vehicles/ (last visited November 05, 2024)
Number of vehicles cover by insurance in Hong Kong from 2018 to 2022 (in Hong Kong dollars) [Graph], Insurance Authority (HK), September 28, 2023. [Online]. Available: https://www.statista.com/statistics/1478447/hong-kong-number-of-insured-vehicles/