Insurance in Hong Kong

Insurance in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Hong Kong insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The Hong Kong insurance market is expected to generate total gross written premiums of $52.8bn in 2015, representing a compound annual growth rate (CAGR) of 16.2% between 2011 and 2015.

The life insurance segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $48.5bn, equivalent to 91.9% of the market's overall value.

Non-life insurance premium growth has been weaker than life-insurance growth, with any growth seen driven largely by accident and health policies.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Hong Kong

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Hong Kong

Leading company profiles reveal details of key insurance market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Hong Kong economy

Reasons to buy

What was the size of the Hong Kong insurance market by value in 2015?

What will be the size of the Hong Kong insurance market in 2020?

What factors are affecting the strength of competition in the Hong Kong insurance market?

How has the market performed over the last five years?

What are the main segments that make up Hong Kong's insurance market?

Companies mentioned

AIA Group Limited, AXA, Ping An Insurance (Group) Company of China, Ltd., Prudential Financial, Inc.

Table of Contents

TABLE OF CONTENTS

Executive Summary 2

Market value 2

Market value forecast 2

Category segmentation 2

Geography segmentation 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 8

Market value 8

Market Segmentation 9

Category segmentation 9

Geography segmentation 10

Market Outlook 11

Market value forecast 11

Five Forces Analysis 12

Summary 12

Buyer power 13

Supplier power 15

New entrants 17

Threat of substitutes 18

Degree of rivalry 19

Leading Companies 20

AIA Group Limited 20

AXA 23

Ping An Insurance (Group) Company of China, Ltd. 27

Prudential Financial, Inc. 30

Macroeconomic Indicators 34

Country Data 34

Methodology 36

Industry associations 37

Related MarketLine research 37

Appendix 38

About MarketLine 38

List of Tables

Table 1: Hong Kong insurance market value: $ billion, 201115(e)

Table 2: Hong Kong insurance market category segmentation: $ billion, 2015(e)

Table 3: Hong Kong insurance market geography segmentation: $ billion, 2015(e)

Table 4: Hong Kong insurance market value forecast: $ billion, 201520

Table 5: AIA Group Limited: key facts

Table 6: AIA Group Limited: key financials ($)

Table 7: AIA Group Limited: key financial ratios

Table 8: AXA: key facts

Table 9: AXA: key financials ($)

Table 10: AXA: key financials (€)

Table 11: AXA: key financial ratios

Table 12: Ping An Insurance (Group) Company of China, Ltd.: key facts

Table 13: Ping An Insurance (Group) Company of China, Ltd.: key financials ($)

Table 14: Ping An Insurance (Group) Company of China, Ltd.: key financials (CNY)

Table 15: Ping An Insurance (Group) Company of China, Ltd.: key financial ratios

Table 16: Prudential Financial, Inc.: key facts

Table 17: Prudential Financial, Inc.: key financials ($)

Table 18: Prudential Financial, Inc.: key financial ratios

Table 19: Hong Kong size of population (million), 201115

Table 20: Hong Kong gdp (constant 2005 prices, $ billion), 201115

Table 21: Hong Kong gdp (current prices, $ billion), 201115

Table 22: Hong Kong inflation, 201115

Table 23: Hong Kong consumer price index (absolute), 201115

Table 24: Hong Kong exchange rate, 201115

List of Figures

Figure 1: Hong Kong insurance market value: $ billion, 201115(e)

Figure 2: Hong Kong insurance market category segmentation: % share, by value, 2015(e)

Figure 3: Hong Kong insurance market geography segmentation: % share, by value, 2015(e)

Figure 4: Hong Kong insurance market value forecast: $ billion, 201520

Figure 5: Forces driving competition in the insurance market in Hong Kong, 2015

Figure 6: Drivers of buyer power in the insurance market in Hong Kong, 2015

Figure 7: Drivers of supplier power in the insurance market in Hong Kong, 2015

Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Hong Kong, 2015

Figure 9: Factors influencing the threat of substitutes in the insurance market in Hong Kong, 2015

Figure 10: Drivers of degree of rivalry in the insurance market in Hong Kong, 2015

Figure 11: AIA Group Limited: revenues & profitability

Figure 12: AIA Group Limited: assets & liabilities

Figure 13: AXA: revenues & profitability

Figure 14: AXA: assets & liabilities

Figure 15: Ping An Insurance (Group) Company of China, Ltd.: revenues & profitability

Figure 16: Ping An Insurance (Group) Company of China, Ltd.: assets & liabilities

Figure 17: Prudential Financial, Inc.: revenues & profitability

Figure 18: Prudential Financial, Inc.: assets & liabilities

List of Tables

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List of Figures

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