Hong Kong Insurance Authority (IA) Reports $105.6 Billion (HKD 827 Billion) Gross Premiums in 2025 (+29.7% YoY), Long Term Business Total Assets at $689 Billion (HKD 5.4 Trillion) & Net Assets at $95 Billion (HKD 744 Billion)
4th May 2026 | Hong Kong
Hong Kong Insurance Authority (IA) has reported $105.6 billion (HKD 827 billion) gross premiums in 2025 (+29.7% YoY), with long term business total assets at $689 billion (HKD 5.4 trillion) & net assets at $95 billion (HKD 744 billion). Announcement (24/4/26): “The Insurance Authority (IA) today (24 April 2026) released provisional statistics for 2025, with total gross premiums reaching $827 billion (increased by 29.7%). Long term business – New office premiums (excluding Retirement Scheme business) of long term business were $330.9 billion (increased by 50.6%), mainly composed of $312.1 billion derived from Non-Linked individual business (increased by 49.9%) which can be further broken down into participating business of $282.8 billion (increased by 55.1%) and other businesses of $29.3 billion (increased by 13.7%), as well as $18.5 billion from Linked individual business (increased by 65.4%). Some 59,000 Qualifying Deferred Annuity Policies were issued that contributed $3.7 billion or 1.1% of the total premiums for individual business. Total revenue premiums of in-force business were $718.5 billion in 2025 (increased by 33.7%), mainly composed of $632.7 billion derived from Non-Linked individual business (increased by 34.1%), $30.2 billion from Linked individual business (increased by 25.8%) and $49.3 billion from Retirement Scheme business (increased by 38%). Moreover, the total claims and benefits paid amounted to $363 billion (increased by 3%). As of 31 December 2025, total assets under long term business grew to $5,398 billion and net assets were $744.3 billion. General business – The total gross and net premiums of general business in 2025 were $108.5 billion (increased by 8%) and $74.1 billion (increased by 6.3%) respectively, against which total gross claims of $55.4 billion were paid (increased by 4.5%). The overall operating profit was $11.4 billion (increased by 39.7%), of which $2.9 billion was attributable to underwriting profit (decreased by 12.5%). Direct business recorded gross and net premiums of $54.8 billion (increased by 6.6%) and $37.8 billion (increased by 5.7%) respectively, against which $29.1 billion of gross claims were paid (increased by 3.9%). The gross premiums were primarily driven by onshore Accident & Health business which contributed $23.7 billion (increased by 10.8%). The overall underwriting profit of $3.2 billion (increased by 174.7%) was supported by the turnaround in onshore Pecuniary Loss (including mortgage guarantee) business and onshore Accident & Health business, which recovered from a loss of $1.4 billion to a profit of $0.5 billion, and improved from a loss of $0.4 billion to a profit of $0.9 billion respectively. On the other hand, the underwriting profit of onshore Property Damage business dropped substantially to $15.8 million from $0.6 billion (decreased by 97.2%), after the claims paid and reserves provided by insurers in relation to the fire at Wang Fuk Court. On reinsurance inward business, gross and net premiums were $53.7 billion (increased by 9.4%) and $36.2 billion (increased by 7%) respectively, against which $26.3 billion of gross claims were paid (increased by 5.1%). The gross premiums were primarily driven by offshore Property Damage business amounting to $19.6 billion (increased by 12%) and Accident & Health business amounting to $10.6 billion (increased by 12.3%). An overall underwriting loss of $0.4 billion was recorded compared with a profit of $2.1 billion (decreased by 118.1%), mainly attributable to the sagged underwriting results of offshore Property Damage business, General Liability business and Accident & Health business. As of 31 December 2025, total assets under general business grew to $337.9 billion and net assets were $136.5 billion. A summary of the provisional statistics is at Annex. Related information on assets and liabilities of the Hong Kong insurance market for 2025 is also available at the IA website.”
“ Hong Kong Insurance Authority (IA) Reports $105.6 Billion (HKD 827 Billion) Gross Premiums in 2025 (+29.7% YoY), Long Term Business Total Assets at $689 Billion (HKD 5.4 Trillion) & Net Assets at $95 Billion (HKD 744 Billion) “
![](https://www.caproasia.com/wp-content/uploads/2025/08/Air-Charter-Service-728x90-1.png")
Notes:
- Including lapsation/surrender benefits of $183.9 billion, as well as other claims and benefits of $179.2 billion.
- As the end of financial year for certain insurers do not fall on 31 December, their data for 2024 is only partially included.
Hong Kong Insurance Authority (IA) Reports $105.6 Billion (HKD 827 Billion) Gross Premiums in 2025 (+29.7% YoY), Long Term Business Total Assets at $689 Billion (HKD 5.4 Trillion) & Net Assets at $95 Billion (HKD 744 Billion)
Caproasia Users
- Manage $20 million to $30 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2026 Investment Day
- March - Hong Kong
- March - Singapore
- April - Hong Kong
- April - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
