Life Insurance in Hong Kong, Key Trends and Opportunities to 2017 - New Market Report
In terms of gross written premium, the life insurance segment was the largest in the Hong Kong insurance industry during the review period and accounted for 87.5% of the total insurance industry's written premiums in 2012. The segment's written premium grew at a CAGR of 7.6% during the review period. The segment's growth was driven by rising consumer awareness of life insurance cover, favorable government regulations, product innovation and marketing campaigns. However, consumers have been reluctant to invest in unit-linked...
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