Wealthy investors’ policy purchases propel Hong Kong life insurance sales to another peak

South China Morning PostCenter-RightEN 1 min read 100% complete by Enoch YiuJanuary 23, 2026 at 10:30 AM

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Hong Kong's life insurance sales reached a record high in the first nine months of 2025, increasing by 56% to HK$264.5 billion (US$34 billion). The Insurance Authority reported the surge, attributing it to strong demand from affluent customers seeking wealth transfer, protection, and medical coverage. Manulife Hong Kong and Macau CEO Patrick Graham cited the trend as evidence of Hong Kong's growing status as an international insurance and wealth management hub, attracting high-net-worth individuals. While the regulator did not disclose specific sales figures to mainland visitors for the period, cross-border visitors accounted for 28.6% of overall sales in 2024.

Key Entities & Roles

Key Player Opposition Context

Macau ×240% Manulife Hong Kong ×260% Mainland ×260% Insurance Authority ×370% Patrick Graham ×370% Hong Kong ×890%

Keywords

life insurance sales 100% hong kong 90% wealth transfer 70% high-net-worth individuals 60% insurance industry 60% wealth management 50% mainland visitors 50% medical needs 40% protection solutions 40%