In 2023, over 100 thousand 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 types 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 types bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies [Graph]. In Statista. Retrieved July 22, 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 types bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies." Chart. March 7, 2024. Statista. Accessed July 22, 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 types bought by mainland Chinese visitors in Hong Kong in 2022 and 2023, based on number of new policies. Statista. Statista Inc.. Accessed: July 22, 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 Types 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 types 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 July 22, 2024)
Leading types of insurance types 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/