Life insurance sales in Hong Kong saw a 50.6% increase last year, reaching a record total of HK$330.9 billion. This continuous growth is attributed to the rising number of wealthy individuals utilizing policies for wealth transfer and protection.

Life insurance sales in Hong Kong rose 50.6 per cent to another record last year as affluent customers continued to buy policies in the city for wealth transfer, protection and medical needs. The industry wrote HK$330.9 billion (US$42.2 billion) in new life policies in 2025, compared with HK$219 billion a year earlier, which was also a record, according to data from the Insurance Authority released on Friday. The continuous growth of the business in recent years was due to more wealthy people...