HK) All insurance companies operating in Hong Kong are subject to regulation by the Insurance Authority (IA), and must be authorised by the IA to carry on insurance business in the territory. Depending on the nature of business, insurance companies in Hong Kong are broadly classified into three main categories: General Business, Long Term Business, and Composite Business.
According to provisional figures published by the Insurance Authority, as of Q1 2025, there were a total of 158 authorised insurers in Hong Kong. However, only 35 were actively participating in the direct individual new business market, which includes medical, critical illness, life protection, savings, and investment-linked life insurance products.
Insurance companies
Incorporated in Hong Kong According to information published by the Insurance Authority, as at 26 June 2025, there were a total of 94 insurers incorporated in Hong Kong. These comprised 26 long-term business insurers, 10 composite insurers, and 55 insurers authorised to conduct only general business. + Regulated insurer incorporated in Hong KongA: Active long-term business insurer – the insurance company is currently active in the market for direct individual new business.B: Bancassurance – the insurer distributes products primarily through banking channels.C: Captive insurer – a dedicated insurer established to underwrite risks for its parent group.R: Professional reinsurer – provides reinsurance services to other insurers.F: Virtual insurer – authorised through the fast-track regime and operates fully online. Long-term businessUBIInsurerEstablished Notes37320150AIA Everest Life34805305AXA Wealth Management (HK)A31221938Blue InsuranceA20724864BOC Group Life AssuranceAB68545626Bowtie Life InsuranceAF73452648China Pacific Life Insurance (H.K.)A66961755China Reinsurance (Hong Kong)R64995659China Taiping Life Insurance (Hong Kong)A36022561Chubb Life Insurance Hong KongA65025504Fubon Life Insurance (Hong Kong)A32114500FWD Life (Hong Kong)05591749FWD Life Assurance Company (Hong Kong)65391492Generali Life (Hong Kong)A01816462Hang Seng InsuranceAB30420587Heng An Standard Life (Asia)A67907869HKMC AnnuityA31578143Hong Kong Life InsuranceA00992918Pacific Life AssuranceA20024925Principal Insurance Company (Hong Kong)39314925Prudential Hong KongA00058689Sincere Life Assurance64458142St. James's Place International (Hong Kong)A67027760Well Link Life InsuranceA04472576YF Life Insurance InternationalA70410675ZA LifeAF69324362Zurich Life Insurance (Hong Kong)A Composite businessUBIInsurerEstablishedNotes2047AIA5589Asia Insurance CompanyA6165AXA China Region InsuranceA668AXA Life Insurance2945145FuSure ReinsuranceR51759HSBC Insurance (Asia)35496Liberty International InsuranceA1531647Peak ReinsuranceR153640SCOR Reinsurance Company (Asia)R86424Taiping ReinsuranceR General businessUBIInsurerEstablishedNotes07227203ABCI Insurance00007701AIG Insurance Hong Kong36438039Arch MI Asia68888444Avo Insurance00059520AXA General Insurance Hong Kong04441123Bank of China Group Insurance31311131BC ReinsuranceR63299925BE ReinsuranceR02881781Blue Cross (Asia-Pacific) Insurance35808859Bolttech Insurance (Hong Kong)07441524Bupa (Asia)05042693California Insurance Company52589856CGN Captive InsuranceC19987768Chevalier Insurance31415713China BOCOM Insurance32179558China Overseas Insurance04814748China Pacific Insurance Co., (H.K.)05198044China Ping An Insurance (Hong Kong)00088175China Taiping Insurance (HK)01014472Chong Hing Insurance20105113Chubb Insurance Hong KongF36022553CIGNA Worldwide General Insurance07181708CMB Wing Lung Insurance31195931CNOOC InsuranceC04746242Concord Insurance04893762Dah Sing Insurance05895252East Point Reinsurance Company of Hong KongR05064463FAI First Pacific InsuranceIn Provisional Liquidation05313086Falcon Insurance Company (Hong Kong)05923722HIH Casualty and General Insurance (Asia)In Provisional Liquidation67907851HKMC Insurance03843871Hong Leong Insurance (Asia)66395065Liberty Specialty Markets Hong Kong04095093Min Xin Insurance34945375MSIG Insurance (Hong Kong)69551286OneDegree Hong KongF01030123Pacific Insurance Company00005246Paofoong Insurance Company (Hong Kong)03192517People's Insurance Company of China (Hong Kong)39870416Prudential General Insurance Hong Kong01989895QBE Hongkong & Shanghai Insurance35761439QBE Mortgage Insurance (Asia)69992931Shanghai Electric InsuranceC62179552Sinopec InsuranceC05078101Sompo Insurance (Hong Kong)51183916Starr International Insurance (Asia)05984263Sun Hung Kai Properties Insurance05250290Target Insurance Company In Liquidation03850347Tokio Marine and Fire Insurance Company (Hong Kong) - The05289455Trinity General Insurance02043094Tugu Insurance00734659United Builders Insurance Company77793379Wayfoong (Asia)CA captive insurance company established by the HSBC Group.51311933Well Link General Insurance07339917Zurich General Insurance (Hong Kong) Special purposeUBIInsurerEstablishedNotes73854614Black Kite Re74452576Great Wall Re77228823Silk Road Re
Incorporated outside Hong Kong According to information published by the Insurance Authority, as at 26 June 2025, there were a total of 64 insurers incorporated outside Hong Kong. These included 25 long-term business insurers, 9 composite insurers, and 30 insurers authorised to conduct only general business. + Regulated insurer incorporated outside Hong KongA: Active long-term business insurer – the insurance company is currently active in the market for direct individual new business.B: Bancassurance – the insurer distributes products primarily through banking channels.C: Captive insurer – a dedicated insurer established to underwrite risks for its parent group.R: Professional reinsurer – provides reinsurance services to other insurers.F: Virtual insurer – authorised through the fast-track regime and operates fully online. Long-term businessUBI CountryInsurerEstablishedNotes10019291American Family Life Assurance Company of Columbus06161701Canada Life Assurance Company - The03592395Canada Life09331694China Life (Overseas)A09983114Chow Tai Fook Life InsuranceA09227603Desjardins Financial Security Life Assurance06334819Friends Provident International09061605FWD Life Insurance Company (Bermuda)A07531599HSBC Life (International)AB00001111Manufacturers Life Insurance09760645Manulife (International)AF0003850Massachusetts Mutual Life Insurance36410069Phoenix Life03747637Prudential Insurance Company of America18856710RGA Reinsurance21903948RL360 Insurance13989316RL360 Life Insurance20771382Scottish Widows10737079Sun Life Hong KongA13643566Tahoe Life Insurance36306777Transamerica Life (Bermuda)A14185977Utmost International Isle of ManA08743329Utmost Worldwide13784095Zurich Assurance10583149Zurich International LifeA Composite businessUBICountryInsurerEstablishedNotes02420056AIA InternationalA06246715Assicurazioni Generali Società per Azioni06056536AXA China (Bermuda)A11900235General Reinsurance AGR22265733Hannover Rück SER20577651Lloyd's09384841Münchener Rückversicherungs-Gesellschaft (Munich Reinsurance Company)R58258136Partner Reinsurance Europe SER70045503Swiss Re Asia Pte.R General businessUBICountryInsurerEstablishedNotes59108554Allianz Global Corporate & Specialty SE50079233Allied World Assurance Company36962082Asia-Pacific Property & Casualty Insurance Co.37582853Assuranceforeningen Gard-gjensidig -61775290Assuranceforeningen SKULD (Gjensidig)66248260Atradius Crédito y Caución SA de Seguros y Reaseguros36380636Berkley Insurance Company63706247Berkshire Hathaway Specialty Insurance Company72265783Britannia Steam Ship Insurance Association Europe22240389Compagnie Française d'Assurance pour le Commerce Extérieur62010590EULER HERMES61007108Factory Mutual Insurance Company31534286First American Title Insurance Company39543231Gard Marine & Energy38244060HDI Global SE30173631London Steam-Ship Owners' Mutual Insurance Association00062660New India Assurance Company03209857Pioneer Insurance and Surety Corporation33313850Shipowners' Mutual Protection and Indemnity Association (Luxembourg) - The69691141Standard Club Asia66809591Steamship Mutual Underwriting Association64650211Sveriges Ångfartygs Assurans Förening65406895Swiss Re International SE07332012Toa Reinsurance CompanyR08832576Transatlantic Reinsurance CompanyR18974041TT Club Mutual Insurance60245193United Kingdom Mutual Steam Ship Assurance Association - TheF0002596West of England Ship Owners Mutual Insurance Association (Luxembourg)21422728XL Insurance Company SE06262864Zurich Insurance Company Ltd
Market share Insurance regulators around the world — including the Insurance Authority (IA) in Hong Kong and the National Association of Insurance Commissioners (NAIC) in the United States — regularly publish premium income statistics. These figures are widely used to analyse market trends, assess the market position of individual insurers, and serve as key reference points for evaluating solvency and risk management practices.
Long term business The following table is compiled based on the Provisional Statistics on Hong Kong Long Term Business published by the Insurance Authority. It aims to reflect the market performance of active participants in Hong Kong direct individual new business market. In accordance with international insurance statistical practices and to ensure cross-border data comparability, Gross Written Premiums (GWP) in these statistics exclude retirement scheme business that is purely of an asset management or administrative nature (such as Class G and H). Such business is treated as assets under management rather than insurance premiums involving biometric risks (e.g., mortality, longevity, or disability).
Gross premiums written