List of insurance companies in Hong Kong

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All insurance companies operating in Hong Kong are subject to stringent regulation by the Insurance Authority (IA), and must be duly 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. This classification helps delineate the areas of expertise of each company and safeguards consumer interests.

Contents

Beyond these core categories, certain insurers may fall into specialised classifications:

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 31 were actively participating in thedirect individual new business market, which includes medical, critical illness, life protection, savings, and investment-linked life insurance products. [1]

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. [2]

Regulated insurer incorporated in Hong Kong
A: 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 business
UBIInsurerEstablishedNotes
37320150AIA Everest Life
34805305AXA Wealth Management (HK)A
31221938Blue InsuranceA
20724864BOC Group Life AssuranceAB
68545626Bowtie Life InsuranceAF
73452648China Pacific Life Insurance (H.K.)A
66961755China Reinsurance (Hong Kong)R
64995659China Taiping Life Insurance (Hong Kong)A
36022561Chubb Life Insurance Hong KongA
65025504Fubon Life Insurance (Hong Kong)A
32114500FWD Life (Hong Kong)
05591749FWD Life Assurance Company (Hong Kong)
65391492Generali Life (Hong Kong)A
01816462Hang Seng InsuranceAB
30420587Heng An Standard Life (Asia)A
67907869HKMC AnnuityA
31578143Hong Kong Life InsuranceA
00992918Pacific Life AssuranceA
20024925Principal Insurance Company (Hong Kong)
39314925Prudential Hong KongA
00058689Sincere Life Assurance
64458142St. James’s Place International (Hong Kong)A
67027760Well Link Life InsuranceA
04472576YF Life Insurance InternationalA
70410675ZA LifeAF
69324362Zurich Life Insurance (Hong Kong)A
Composite business
UBIInsurerEstablishedNotes
2047AIA
5589Asia Insurance CompanyA
6165AXA China Region InsuranceA
668AXA Life Insurance
2945145FuSure ReinsuranceR
51759HSBC Insurance (Asia)
35496Liberty International InsuranceA
1531647Peak ReinsuranceR
153640SCOR Reinsurance Company (Asia)R
86424Taiping ReinsuranceR
General business
UBIInsurerEstablishedNotes
07227203ABCI Insurance
00007701AIG Insurance Hong Kong
36438039Arch MI Asia
68888444Avo Insurance
00059520AXA General Insurance Hong Kong
04441123Bank of China Group Insurance
31311131BC ReinsuranceR
63299925BE ReinsuranceR
02881781Blue Cross (Asia-Pacific) Insurance
35808859Bolttech Insurance (Hong Kong)
07441524Bupa (Asia)
05042693California Insurance Company
52589856CGN Captive InsuranceC
19987768Chevalier Insurance
31415713China BOCOM Insurance
32179558China Overseas Insurance
04814748China Pacific Insurance Co., (H.K.)
05198044China Ping An Insurance (Hong Kong)
00088175China Taiping Insurance (HK)
01014472Chong Hing Insurance
20105113Chubb Insurance Hong KongF
36022553CIGNA Worldwide General Insurance
07181708CMB Wing Lung Insurance
31195931CNOOC InsuranceC
04746242Concord Insurance
04893762Dah Sing Insurance
05895252East Point Reinsurance Company of Hong KongR
05064463FAI First Pacific InsuranceIn Provisional Liquidation
05313086Falcon Insurance Company (Hong Kong)
05923722HIH Casualty and General Insurance (Asia)In Provisional Liquidation
67907851HKMC Insurance
03843871Hong Leong Insurance (Asia)
66395065Liberty Specialty Markets Hong Kong
04095093Min Xin Insurance
34945375MSIG Insurance (Hong Kong)
69551286OneDegree Hong KongF
01030123Pacific Insurance Company
00005246Paofoong Insurance Company (Hong Kong)
03192517People’s Insurance Company of China (Hong Kong)
39870416Prudential General Insurance Hong Kong
01989895QBE Hongkong & Shanghai Insurance
35761439QBE Mortgage Insurance (Asia)
69992931Shanghai Electric InsuranceC
62179552Sinopec InsuranceC
05078101Sompo Insurance (Hong Kong)
51183916Starr International Insurance (Asia)
05984263Sun Hung Kai Properties Insurance
05250290Target Insurance Company In Liquidation
03850347Tokio Marine and Fire Insurance Company (Hong Kong) - The
05289455Trinity General Insurance
02043094Tugu Insurance
00734659United Builders Insurance Company
77793379Wayfoong (Asia)CA captive insurance company established by the HSBC Group. [3]
51311933Well Link General Insurance
07339917Zurich General Insurance (Hong Kong)
Special purpose
UBIInsurerEstablishedNotes
73854614Black Kite Re
74452576Great Wall Re
77228823Silk 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. [2]

Regulated insurer incorporated outside Hong Kong
A: 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 business
UBICountryInsurerEstablishedNotes
10019291Flag of the United States (23px).png  United States American Family Life Assurance Company of Columbus
06161701Flag of Canada (Pantone).svg  Canada Canada Life Assurance Company - The
03592395Flag of the United Kingdom.svg  United Kingdom Canada Life
09331694Flag of the People's Republic of China.svg  Mainland China China Life (Overseas)A
09983114Flag of Bermuda.svg  Bermuda Chow Tai Fook Life InsuranceA
09227603Flag of Canada (Pantone).svg  Canada Desjardins Financial Security Life Assurance
06334819Flag of the Isle of Man.svg  Isle of Man Friends Provident International
09061605Flag of Bermuda.svg  Bermuda FWD Life Insurance Company (Bermuda)A
07531599Flag of Bermuda.svg  Bermuda HSBC Life (International)AB
00001111Flag of Canada (Pantone).svg  Canada Manufacturers Life Insurance
09760645Flag of Bermuda.svg  Bermuda Manulife (International)A
F0003850Flag of the United States (23px).png  United States Massachusetts Mutual Life Insurance
36410069Flag of the United Kingdom.svg  United Kingdom Phoenix Life
03747637Flag of the United States (23px).png  United States Prudential Insurance Company of America
18856710Flag of the United States (23px).png  United States RGA Reinsurance
21903948Flag of the Isle of Man.svg  Isle of Man RL360 Insurance
13989316Flag of the Isle of Man.svg  Isle of Man RL360 Life Insurance
20771382Flag of the United Kingdom.svg  United Kingdom Scottish Widows
10737079Flag of Bermuda.svg  Bermuda Sun Life Hong KongA
13643566Flag of Bermuda.svg  Bermuda Tahoe Life Insurance
36306777Flag of Bermuda.svg  Bermuda Transamerica Life (Bermuda)A
14185977Flag of the Isle of Man.svg  Isle of Man Utmost International Isle of ManA
08743329Flag of Guernsey.svg  Guernsey Utmost Worldwide
13784095Flag of the United Kingdom.svg  United Kingdom Zurich Assurance
10583149Flag of the Isle of Man.svg  Isle of Man Zurich International LifeA
Composite business
UBICountryInsurerEstablishedNotes
02420056Flag of Bermuda.svg  Bermuda AIA InternationalA
06246715Flag of Italy.svg  Italy Assicurazioni Generali Società per Azioni
06056536Flag of Bermuda.svg  Bermuda AXA China (Bermuda)A
11900235Flag of Germany.svg  Germany General Reinsurance AGR
22265733Flag of Germany.svg  Germany Hannover Rück SER
20577651Flag of the United Kingdom.svg  United Kingdom Lloyd’s
09384841Flag of Germany.svg  Germany Münchener Rückversicherungs-Gesellschaft (Munich Reinsurance Company)R
58258136Flag of Italy.svg  Italy Partner Reinsurance Europe SER
70045503Flag of Singapore.svg  Singapore Swiss Re Asia Pte.R
General business
UBICountryInsurerEstablishedNotes
59108554Flag of Germany.svg  Germany Allianz Global Corporate & Specialty SE
50079233Flag of Bermuda.svg  Bermuda Allied World Assurance Company
36962082Flag of the People's Republic of China.svg  Mainland China Asia-Pacific Property & Casualty Insurance Co.
37582853Flag of Norway.svg  Norway Assuranceforeningen Gard-gjensidig -
61775290Flag of Norway.svg  Norway Assuranceforeningen SKULD (Gjensidig)
66248260Flag of Spain.svg  Spain Atradius Crédito y Caución SA de Seguros y Reaseguros
36380636Flag of the United States (23px).png  United States Berkley Insurance Company
63706247Flag of the United States (23px).png  United States Berkshire Hathaway Specialty Insurance Company
72265783Flag of Luxembourg.svg  Luxembourg Britannia Steam Ship Insurance Association Europe
22240389Flag of France.svg  France Compagnie Française d'Assurance pour le Commerce Extérieur
62010590Flag of Belgium (civil).svg  Belgium EULER HERMES
61007108Flag of the United States (23px).png  United States Factory Mutual Insurance Company
31534286Flag of the United States (23px).png  United States First American Title Insurance Company
39543231Flag of Bermuda.svg  Bermuda Gard Marine & Energy
38244060Flag of Germany.svg  Germany HDI Global SE
30173631Flag of the United Kingdom.svg  United Kingdom London Steam-Ship Owners' Mutual Insurance Association
00062660Flag of India.svg  India New India Assurance Company
03209857Flag of the Philippines.svg  Philippines Pioneer Insurance and Surety Corporation
33313850Flag of Luxembourg.svg  Luxembourg Shipowners' Mutual Protection and Indemnity Association (Luxembourg) - The
69691141Flag of Singapore.svg  Singapore Standard Club Asia
66809591Flag of the United Kingdom.svg  United Kingdom Steamship Mutual Underwriting Association
64650211Flag of Sweden.svg  Sweden Sveriges Ångfartygs Assurans Förening
65406895Flag of Luxembourg.svg  Luxembourg Swiss Re International SE
07332012Flag of Japan.svg  Japan Toa Reinsurance CompanyR
08832576Flag of the United States (23px).png  United States Transatlantic Reinsurance CompanyR
18974041Flag of the United Kingdom.svg  United Kingdom TT Club Mutual Insurance
60245193Flag of the United Kingdom.svg  United Kingdom United Kingdom Mutual Steam Ship Assurance Association - The
F0002596Flag of Luxembourg.svg  Luxembourg West of England Ship Owners Mutual Insurance Association (Luxembourg)
21422728Flag of Ireland.svg  Ireland XL Insurance Company SE
06262864Flag of Switzerland (Pantone).svg  Switzerland Zurich 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. [1]

Direct individual new business performance (2023 – Q1 2025)
RankInsurerQ1 202520242023
Income (HK$’000)ShareIncome (HK$’000)ShareIncome (HK$’000)Share
1HSBC Life (Int'l)20,091,14021.53%36,773,85916.77%34,115,32918.88%
2Hang Seng Insurance11,642,97312.48%25,255,61911.52%13,551,8007.50%
3FWD Life (Bermuda)11,407,02212.22%16,800,2667.66%11,204,5756.20%
4BOC LIFE8,797,2369.43%17,383,4877.93%11,699,9706.48%
5AIA International8,201,1328.79%27,503,13612.54%24,360,61513.48%
6Manulife (Int'l)7,690,8828.24%22,516,20910.27%19,151,29310.60%
7Prudential (HK) Life5,138,4195.51%17,976,4748.20%16,791,3689.29%
8China Life (Overseas)5,024,2445.38%11,889,3655.42%9,590,3445.31%
9Sun Life Hong Kong3,535,0793.79%10,988,5195.01%6,306,5893.49%
10HKMC Annuity2,811,3833.01%4,259,1021.94%1,523,8100.84%
11AXA China (Bermuda)1,916,5942.05%5,933,6812.71%6,696,9783.71%
12CTF Life1,535,5171.65%5,204,5862.37%16,160,9708.95%
13TPLHK1,363,2121.46%2,533,4161.16%1,674,8380.93%
14Well Link Life1,147,8131.23%3,902,2311.78%963,8360.53%
15Chubb Life HK739,3160.79%1,587,5070.72%464,9860.26%
16YF LIFE675,2850.72%2,815,7451.28%2,545,4581.41%
17CPIC Life (HK)451,4250.48%1,034,6520.47%183,1360.10%
18Generali Life (HK)261,1270.28%977,4870.45%672,5480.37%
19Fubon Life Hong Kong256,1730.27%822,9230.38%630,8740.35%
20Hong Kong Life192,6550.21%546,5840.25%267,6130.15%
21Heng An Standard Life Asia182,4290.20%490,4120.22%321,6080.18%
22Zurich Life Insurance (Hong Kong)163,0070.17%458,2070.21%231,2970.13%
23SJPI(HK)L45,4380.05%245,4160.11%243,9670.14%
24Bowtie Life24,0940.03%102,1210.05%71,2500.04%
25Utmost International Isle of Man14,8040.02%487,6110.22%320,7450.18%
26AXA Wealth Mgt (HK)1,753-3,935-3,153-
27AXA China (HK)1,564-4,050-6,005-
28Transamerica Life (Bermuda)1,197-15,2760.01%8,292-
29Blue804-428,1410.20%390,9960.22%
30ZA Insure382-360,1230.16%199,0180.11%
31Pacific Life308-1,010-860-

General business

The following is compiled based on direct business data from the Provisional Statistics on Hong Kong General Business published by the Insurance Authority of Hong Kong. The table aims to reflect the market performance of active participants in Hong Kong general business market. [4]

Direct business performance of general business (2024)
RankInsurer2024
Income (HK$’000)Share
1AXA General5,267,86110.25%
2Bupa (Asia)4,187,7468.14%
3AIA International3,363,8916.54%
4Zurich Insurance2,993,8715.82%
5China Taiping (HK)2,605,9355.07%
6BOC Group Insurance1,974,2853.84%
7CIGNA Worldwide General1,912,9503.72%
8Chubb Insurance1,744,3923.39%
9Blue Cross1,654,2423.22%
10AIG Insurance HK1,645,0173.20%
11Liberty Int'l1,588,1583.09%
12Asia Insurance1,389,1652.70%
13Prudential (HK) General1,307,8462.54%
14AXA China (HK)1,246,0712.42%
15Allianz Global Corporate & Specialty SE1,148,3682.23%
16MSIG Insurance1,126,8922.19%
17QBE HKSI1,118,9152.18%
18CMBWL1,118,1892.17%
19HKMCI988,2841.92%
20Dah Sing Insurance828,6801.61%
21Allied World796,9981.55%
22Generali795,6011.55%
23AIA (HK)690,8141.34%
24bolttech Insurance527,7791.03%
25BHSI508,7890.99%
26China Ping An452,2730.88%
27Gard P&I437,7150.85%
28XL Insurance410,2180.80%
29Skuld388,0110.75%
30Starr383,3500.75%
31AXA China (Bermuda)372,7370.72%
32TMF (HK)354,6350.69%
33Lloyd's327,3590.64%
34China Pacific321,3530.63%
35Falcon Insurance313,2300.61%
36Sun Hung Kai302,4460.59%
37Sinopec302,0920.59%
38Chevalier291,3990.57%
39PICC (HK)284,5210.55%
40Sompo Insurance (HK)273,0100.53%
41Liberty Specialty Markets HK268,4080.52%
42EULER HERMES243,6210.47%
43Factory Mutual242,3330.47%
44OneDegree241,1970.47%
45TT Club190,7410.37%
46Min Xin151,9680.30%
47Pacific Insurance147,0910.29%
48West of England137,2930.27%
49Trinity136,0980.26%
50China BOCOM135,4490.26%
51China Overseas Insurance134,8680.26%
52Berkley Insurance134,0910.26%
53STEAMSHIP MUTUAL128,5990.25%
54Well Link Insurance125,7180.24%
55Atradius Crédito y Caución118,3090.23%
56Swiss Re Int'l SE110,6380.22%
57Hong Leong Insurance (Asia)96,9310.19%
58Concord96,3490.19%
59United Builders81,8100.16%
60Paofoong80,5580.16%
61COFACE75,7270.15%
62Britannia Europe P&I73,5360.14%
63Standard Club Asia69,9300.14%
64Shipowners' Mutual63,7070.12%
65Gard M&E Ltd.58,1130.11%
66ABCI53,7260.10%
67HDI49,1760.10%
68California Insurance46,9850.09%
69UK P&I Club35,9070.07%
70QBE MI Asia30,6130.06%
71Chong Hing27,2570.05%
72ASIA0PACIFIC P&C26,0130.05%
73Pioneer19,1530.04%
74London Steam-Ship16,5230.03%
75Tugu15,8190.03%
76Avo Insurance5,7970.01%
77CNOOC Insurance842-
78Target661-

See also

References

  1. 1 2 "Provisional Statistics on Hong Kong Long Term Business". www.ia.org.hk. Retrieved 2025-07-28.
  2. 1 2 "Register of Authorized Insurers". www.ia.org.hk. Retrieved 2025-07-28.
  3. ↑ "HSBC obtained regulatory approval to set up captive insurer in Hong Kong". www.about.hsbc.com.hk. Retrieved 2025-07-28.
  4. ↑ "Quarterly Release of Provisional Statistics for General Business - January 2024 to December 2024". www.ia.org.hk. Retrieved 2025-07-29.
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