In 2022, the value of total assets of insurance corporations amounted to over 558 billion U.S. dollars, a decrease of around 60 billion U.S. dollars compared to the previous year. 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 2022
(in billion U.S. dollars)
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Financial Stability Board. (December 18, 2023). Total assets of insurance companies in Hong Kong from 2002 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, 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 2022 (in billion U.S. dollars)." Chart. December 18, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/
Financial Stability Board. (2023). Total assets of insurance companies in Hong Kong from 2002 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. 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 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Dec 2023, 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 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/ (last visited November 21, 2024)
Total assets of insurance companies in Hong Kong from 2002 to 2022 (in billion U.S. dollars) [Graph], Financial Stability Board, December 18, 2023. [Online]. Available: https://www.statista.com/statistics/421429/insurance-companies-assets-hong-kong/
