Life Insurance Market in Hong Kong, Key Trends and Opportunities to 2018

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Main Title
Market Research Report 
Life Insurance in Hong Kong, Key Trends and
Opportunities to 2018 
reportscue
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Synopsis The report provides in-depth market
analysis, information and insights into the Hong
Kong life insurance segment, including The
Hong Kong life insurance segments growth
prospects by life insurance category Key
trends and drivers for the life insurance
segment  The various distribution channels in
the Hong Kong life insurance segment The
detailed competitive landscape in the life
insurance segment in Hong Kong Detailed
regulatory policies of the Hong Kong insurance
industry Analysis of various consumer segments
in Hong Kong life insurance Key developments
in the Hong Kong life insurance segment New
products launched by Hong Kong life insurance
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Report OverviewThe Hong Kong life insurance
segment grew at a compound annual growth rate
(CAGR) of 13.3 in 2013 during the review period.
The growth was driven by rising consumer
awareness, favorable regulation, product
innovation and marketing campaigns. The life
segment accounted for 85.7 of the Hong Kong
insurance industrys gross written premium in
2013. Consumers low risk-bearing capacity
encouraged them to invest in whole life and
endowment products instead of unit-linked
products, which are highly exposed to market
conditions. These categories growth was also a
result of rising acceptance of these products due
to insurers marketing campaigns, which
encouraged traditional products as an investment
vehicle during the economic downturn. The life
segment is expected to grow at a projected
forecast period CAGR of 7.5 in 2018 over the
forecast period
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Scope This report provides a comprehensive
analysis of the life insurance segment in Hong
Kong It provides historical values for the
Hong Kong life insurance segment for the reports
20092013 review period, and projected figures
for the 20132018 forecast period. It offers a
detailed analysis of the key categories in the
Hong Kong life insurance segment, along with
market forecasts until 2018. It covers an
exhaustive list of parameters, including written
premium, incurred loss, loss ratio, commissions
and expenses, combined ratio, frauds and crimes,
total assets, total investment income and
retentions. It analyses the various
distribution channels for life insurance products
in Hong Kong. It profiles the top life
insurance companies in Hong Kong and outlines the
key regulations affecting them.
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Key Highlights The life segment accounted
for 85.7 of the Hong Kong insurance industrys
gross written premium in 2013. The Mandatory
Provident Fund(MPF) scheme was a key driver of
the life insurance segments growth during the
review period. The individual whole life
category accounted for 50.0 of the segments
total gross written premium in 2013, The
countrys aging population was an important
driver of the life segment during the review
period. Bancassurance accounted for 40.8 of
the new business gross written premium in 2013. 
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Table of Contents 1 Key Facts and Events 2
Executive Summary 3 Introduction 4 Hong Kong
Insurance Industry Attractiveness 5 Life
Insurance Outlook 6 Analysis by Distribution
Channel 7 Governance, Risk and Compliance 8
Competitive Landscape and Strategic Insights 9
Appendix 1 10 Appendix 2
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Reason To Buy Make strategic business
decisions using in-depth historic and forecast
market data related to the Hong Kong life
insurance segment and each category within it.
Understand the demand-side dynamics, key market
trends and growth opportunities in the Hong Kong
life insurance segment. Assess the competitive
dynamics in the life insurance segment.
Identify the growth opportunities and market
dynamics in key product categories. Gain
insights into key regulations governing the Hong
Kong insurance industry and their impact on
companies and the industry's future. To Get
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