Hong Kong’s life insurance industry sees sustained demand for savings, health and protection products, Manulife says

The industry wrote HK$93.4 billion (US$12 billion) worth of new life policies, up from HK$65.3 billion a year earlier, the Insurance Authority said on Friday. It was the highest first-quarter sales tally since the authority was established in 2016.

Hong Kong had a record year in 2024, when insurers posted a 21.4 per cent jump in sales to HK$219.8 billion, courtesy of a world-record policy sold by HSBC Life.

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