List of insurance companies in Hong Kong

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.

General Business: Refers to short-term, non-savings-oriented insurance such as motor insurance, home insurance, travel insurance, medical insurance, and employees compensation insurance.
Long Term Business: Refers to insurance with a savings element or long-term protection, most commonly life insurance, annuity plans, and investment-linked life insurance products. In Hong Kong, the underwriting of medical insurance, critical illness insurance, and group insurance products is not restricted to general business companies; long term insurance companies are also authorised to provide such insurance products.
Composite Business: Refers to companies authorised to conduct both general and long term business, allowing them to offer a more comprehensive suite of insurance products.

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

Captive Insurers: Insurance companies established by large corporates or conglomerates primarily to underwrite risks of their parent and affiliated companies. These insurers typically do not offer products to the general public.
Professional Reinsurers: Companies that provide reinsurance services to other insurers, playing a key role in spreading underwriting risks across the insurance sector.
Virtual Insurers: Authorised through a fast-track regime, these insurers operate entirely through digital channels without physical offices or intermediaries. All policy issuance, claims handling, and customer service are conducted online.

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 the direct 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
UBI	Insurer	Established	Notes
37320150	AIA Everest Life
34805305	AXA Wealth Management (HK)^A
31221938	Blue Insurance^A
20724864	BOC Group Life Assurance^AB
68545626	Bowtie Life Insurance^AF
73452648	China Pacific Life Insurance (H.K.)^A
66961755	China Reinsurance (Hong Kong)^R
64995659	China Taiping Life Insurance (Hong Kong)^A
36022561	Chubb Life Insurance Hong Kong^A
65025504	Fubon Life Insurance (Hong Kong)^A
32114500	FWD Life (Hong Kong)
05591749	FWD Life Assurance Company (Hong Kong)
65391492	Generali Life (Hong Kong)^A
01816462	Hang Seng Insurance^AB
30420587	Heng An Standard Life (Asia)^A
67907869	HKMC Annuity^A
31578143	Hong Kong Life Insurance^A
00992918	Pacific Life Assurance^A
20024925	Principal Insurance Company (Hong Kong)
39314925	Prudential Hong Kong^A
00058689	Sincere Life Assurance
64458142	St. James’s Place International (Hong Kong)^A
67027760	Well Link Life Insurance^A
04472576	YF Life Insurance International^A
70410675	ZA Life^AF
69324362	Zurich Life Insurance (Hong Kong)^A
Composite business
UBI	Insurer	Established	Notes
2047	AIA
5589	Asia Insurance Company^A
6165	AXA China Region Insurance^A
668	AXA Life Insurance
2945145	FuSure Reinsurance^R
51759	HSBC Insurance (Asia)
35496	Liberty International Insurance^A
1531647	Peak Reinsurance^R
153640	SCOR Reinsurance Company (Asia)^R
86424	Taiping Reinsurance^R
General business
UBI	Insurer	Established	Notes
07227203	ABCI Insurance
00007701	AIG Insurance Hong Kong
36438039	Arch MI Asia
68888444	Avo Insurance
00059520	AXA General Insurance Hong Kong
04441123	Bank of China Group Insurance
31311131	BC Reinsurance^R
63299925	BE Reinsurance^R
02881781	Blue Cross (Asia-Pacific) Insurance
35808859	Bolttech Insurance (Hong Kong)
07441524	Bupa (Asia)
05042693	California Insurance Company
52589856	CGN Captive Insurance^C
19987768	Chevalier Insurance
31415713	China BOCOM Insurance
32179558	China Overseas Insurance
04814748	China Pacific Insurance Co., (H.K.)
05198044	China Ping An Insurance (Hong Kong)
00088175	China Taiping Insurance (HK)
01014472	Chong Hing Insurance
20105113	Chubb Insurance Hong Kong^F
36022553	CIGNA Worldwide General Insurance
07181708	CMB Wing Lung Insurance
31195931	CNOOC Insurance^C
04746242	Concord Insurance
04893762	Dah Sing Insurance
05895252	East Point Reinsurance Company of Hong Kong^R
05064463	FAI First Pacific Insurance		In Provisional Liquidation
05313086	Falcon Insurance Company (Hong Kong)
05923722	HIH Casualty and General Insurance (Asia)		In Provisional Liquidation
67907851	HKMC Insurance
03843871	Hong Leong Insurance (Asia)
66395065	Liberty Specialty Markets Hong Kong
04095093	Min Xin Insurance
34945375	MSIG Insurance (Hong Kong)
69551286	OneDegree Hong Kong^F
01030123	Pacific Insurance Company
00005246	Paofoong Insurance Company (Hong Kong)
03192517	People’s Insurance Company of China (Hong Kong)
39870416	Prudential General Insurance Hong Kong
01989895	QBE Hongkong & Shanghai Insurance
35761439	QBE Mortgage Insurance (Asia)
69992931	Shanghai Electric Insurance^C
62179552	Sinopec Insurance^C
05078101	Sompo Insurance (Hong Kong)
51183916	Starr International Insurance (Asia)
05984263	Sun Hung Kai Properties Insurance
05250290	Target Insurance Company		In Liquidation
03850347	Tokio Marine and Fire Insurance Company (Hong Kong) - The
05289455	Trinity General Insurance
02043094	Tugu Insurance
00734659	United Builders Insurance Company
77793379	Wayfoong (Asia)^C		A captive insurance company established by the HSBC Group.^[3]
51311933	Well Link General Insurance
07339917	Zurich General Insurance (Hong Kong)
Special purpose
UBI	Insurer	Established	Notes
73854614	Black Kite Re
74452576	Great Wall Re
77228823	Silk 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
UBI	Country	Insurer	Established	Notes
10019291	United States	American Family Life Assurance Company of Columbus
06161701	Canada	Canada Life Assurance Company - The
03592395	United Kingdom	Canada Life
09331694	Mainland China	China Life (Overseas)^A
09983114	Bermuda	Chow Tai Fook Life Insurance^A
09227603	Canada	Desjardins Financial Security Life Assurance
06334819	Isle of Man	Friends Provident International
09061605	Bermuda	FWD Life Insurance Company (Bermuda)^A
07531599	Bermuda	HSBC Life (International)^AB
00001111	Canada	Manufacturers Life Insurance
09760645	Bermuda	Manulife (International)^A
F0003850	United States	Massachusetts Mutual Life Insurance
36410069	United Kingdom	Phoenix Life
03747637	United States	Prudential Insurance Company of America
18856710	United States	RGA Reinsurance
21903948	Isle of Man	RL360 Insurance
13989316	Isle of Man	RL360 Life Insurance
20771382	United Kingdom	Scottish Widows
10737079	Bermuda	Sun Life Hong Kong^A
13643566	Bermuda	Tahoe Life Insurance
36306777	Bermuda	Transamerica Life (Bermuda)^A
14185977	Isle of Man	Utmost International Isle of Man^A
08743329	Guernsey	Utmost Worldwide
13784095	United Kingdom	Zurich Assurance
10583149	Isle of Man	Zurich International Life^A
Composite business
UBI	Country	Insurer	Established	Notes
02420056	Bermuda	AIA International^A
06246715	Italy	Assicurazioni Generali Società per Azioni
06056536	Bermuda	AXA China (Bermuda)^A
11900235	Germany	General Reinsurance AG^R
22265733	Germany	Hannover Rück SE^R
20577651	United Kingdom	Lloyd’s
09384841	Germany	Münchener Rückversicherungs-Gesellschaft (Munich Reinsurance Company)^R
58258136	Italy	Partner Reinsurance Europe SE^R
70045503	Singapore	Swiss Re Asia Pte.^R
General business
UBI	Country	Insurer	Established	Notes
59108554	Germany	Allianz Global Corporate & Specialty SE
50079233	Bermuda	Allied World Assurance Company
36962082	Mainland China	Asia-Pacific Property & Casualty Insurance Co.
37582853	Norway	Assuranceforeningen Gard-gjensidig -
61775290	Norway	Assuranceforeningen SKULD (Gjensidig)
66248260	Spain	Atradius Crédito y Caución SA de Seguros y Reaseguros
36380636	United States	Berkley Insurance Company
63706247	United States	Berkshire Hathaway Specialty Insurance Company
72265783	Luxembourg	Britannia Steam Ship Insurance Association Europe
22240389	France	Compagnie Française d'Assurance pour le Commerce Extérieur
62010590	Belgium	EULER HERMES
61007108	United States	Factory Mutual Insurance Company
31534286	United States	First American Title Insurance Company
39543231	Bermuda	Gard Marine & Energy
38244060	Germany	HDI Global SE
30173631	United Kingdom	London Steam-Ship Owners' Mutual Insurance Association
00062660	India	New India Assurance Company
03209857	Philippines	Pioneer Insurance and Surety Corporation
33313850	Luxembourg	Shipowners' Mutual Protection and Indemnity Association (Luxembourg) - The
69691141	Singapore	Standard Club Asia
66809591	United Kingdom	Steamship Mutual Underwriting Association
64650211	Sweden	Sveriges Ångfartygs Assurans Förening
65406895	Luxembourg	Swiss Re International SE
07332012	Japan	Toa Reinsurance Company^R
08832576	United States	Transatlantic Reinsurance Company^R
18974041	United Kingdom	TT Club Mutual Insurance
60245193	United Kingdom	United Kingdom Mutual Steam Ship Assurance Association - The
F0002596	Luxembourg	West of England Ship Owners Mutual Insurance Association (Luxembourg)
21422728	Ireland	XL Insurance Company SE
06262864	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)
Rank	Insurer	Q1 2025		2024		2023
Rank	Insurer	Income (HK$’000)	Share	Income (HK$’000)	Share	Income (HK$’000)	Share
1	HSBC Life (Int'l)	20,091,140	21.53%	36,773,859	16.77%	34,115,329	18.88%
2	Hang Seng Insurance	11,642,973	12.48%	25,255,619	11.52%	13,551,800	7.50%
3	FWD Life (Bermuda)	11,407,022	12.22%	16,800,266	7.66%	11,204,575	6.20%
4	BOC LIFE	8,797,236	9.43%	17,383,487	7.93%	11,699,970	6.48%
5	AIA International	8,201,132	8.79%	27,503,136	12.54%	24,360,615	13.48%
6	Manulife (Int'l)	7,690,882	8.24%	22,516,209	10.27%	19,151,293	10.60%
7	Prudential (HK) Life	5,138,419	5.51%	17,976,474	8.20%	16,791,368	9.29%
8	China Life (Overseas)	5,024,244	5.38%	11,889,365	5.42%	9,590,344	5.31%
9	Sun Life Hong Kong	3,535,079	3.79%	10,988,519	5.01%	6,306,589	3.49%
10	HKMC Annuity	2,811,383	3.01%	4,259,102	1.94%	1,523,810	0.84%
11	AXA China (Bermuda)	1,916,594	2.05%	5,933,681	2.71%	6,696,978	3.71%
12	CTF Life	1,535,517	1.65%	5,204,586	2.37%	16,160,970	8.95%
13	TPLHK	1,363,212	1.46%	2,533,416	1.16%	1,674,838	0.93%
14	Well Link Life	1,147,813	1.23%	3,902,231	1.78%	963,836	0.53%
15	Chubb Life HK	739,316	0.79%	1,587,507	0.72%	464,986	0.26%
16	YF LIFE	675,285	0.72%	2,815,745	1.28%	2,545,458	1.41%
17	CPIC Life (HK)	451,425	0.48%	1,034,652	0.47%	183,136	0.10%
18	Generali Life (HK)	261,127	0.28%	977,487	0.45%	672,548	0.37%
19	Fubon Life Hong Kong	256,173	0.27%	822,923	0.38%	630,874	0.35%
20	Hong Kong Life	192,655	0.21%	546,584	0.25%	267,613	0.15%
21	Heng An Standard Life Asia	182,429	0.20%	490,412	0.22%	321,608	0.18%
22	Zurich Life Insurance (Hong Kong)	163,007	0.17%	458,207	0.21%	231,297	0.13%
23	SJPI(HK)L	45,438	0.05%	245,416	0.11%	243,967	0.14%
24	Bowtie Life	24,094	0.03%	102,121	0.05%	71,250	0.04%
25	Utmost International Isle of Man	14,804	0.02%	487,611	0.22%	320,745	0.18%
26	AXA Wealth Mgt (HK)	1,753	-	3,935	-	3,153	-
27	AXA China (HK)	1,564	-	4,050	-	6,005	-
28	Transamerica Life (Bermuda)	1,197	-	15,276	0.01%	8,292	-
29	Blue	804	-	428,141	0.20%	390,996	0.22%
30	ZA Insure	382	-	360,123	0.16%	199,018	0.11%
31	Pacific Life	308	-	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)
Rank	Insurer	2024
Rank	Insurer	Income (HK$’000)	Share
1	AXA General	5,267,861	10.25%
2	Bupa (Asia)	4,187,746	8.14%
3	AIA International	3,363,891	6.54%
4	Zurich Insurance	2,993,871	5.82%
5	China Taiping (HK)	2,605,935	5.07%
6	BOC Group Insurance	1,974,285	3.84%
7	CIGNA Worldwide General	1,912,950	3.72%
8	Chubb Insurance	1,744,392	3.39%
9	Blue Cross	1,654,242	3.22%
10	AIG Insurance HK	1,645,017	3.20%
11	Liberty Int'l	1,588,158	3.09%
12	Asia Insurance	1,389,165	2.70%
13	Prudential (HK) General	1,307,846	2.54%
14	AXA China (HK)	1,246,071	2.42%
15	Allianz Global Corporate & Specialty SE	1,148,368	2.23%
16	MSIG Insurance	1,126,892	2.19%
17	QBE HKSI	1,118,915	2.18%
18	CMBWL	1,118,189	2.17%
19	HKMCI	988,284	1.92%
20	Dah Sing Insurance	828,680	1.61%
21	Allied World	796,998	1.55%
22	Generali	795,601	1.55%
23	AIA (HK)	690,814	1.34%
24	bolttech Insurance	527,779	1.03%
25	BHSI	508,789	0.99%
26	China Ping An	452,273	0.88%
27	Gard P&I	437,715	0.85%
28	XL Insurance	410,218	0.80%
29	Skuld	388,011	0.75%
30	Starr	383,350	0.75%
31	AXA China (Bermuda)	372,737	0.72%
32	TMF (HK)	354,635	0.69%
33	Lloyd's	327,359	0.64%
34	China Pacific	321,353	0.63%
35	Falcon Insurance	313,230	0.61%
36	Sun Hung Kai	302,446	0.59%
37	Sinopec	302,092	0.59%
38	Chevalier	291,399	0.57%
39	PICC (HK)	284,521	0.55%
40	Sompo Insurance (HK)	273,010	0.53%
41	Liberty Specialty Markets HK	268,408	0.52%
42	EULER HERMES	243,621	0.47%
43	Factory Mutual	242,333	0.47%
44	OneDegree	241,197	0.47%
45	TT Club	190,741	0.37%
46	Min Xin	151,968	0.30%
47	Pacific Insurance	147,091	0.29%
48	West of England	137,293	0.27%
49	Trinity	136,098	0.26%
50	China BOCOM	135,449	0.26%
51	China Overseas Insurance	134,868	0.26%
52	Berkley Insurance	134,091	0.26%
53	STEAMSHIP MUTUAL	128,599	0.25%
54	Well Link Insurance	125,718	0.24%
55	Atradius Crédito y Caución	118,309	0.23%
56	Swiss Re Int'l SE	110,638	0.22%
57	Hong Leong Insurance (Asia)	96,931	0.19%
58	Concord	96,349	0.19%
59	United Builders	81,810	0.16%
60	Paofoong	80,558	0.16%
61	COFACE	75,727	0.15%
62	Britannia Europe P&I	73,536	0.14%
63	Standard Club Asia	69,930	0.14%
64	Shipowners' Mutual	63,707	0.12%
65	Gard M&E Ltd.	58,113	0.11%
66	ABCI	53,726	0.10%
67	HDI	49,176	0.10%
68	California Insurance	46,985	0.09%
69	UK P&I Club	35,907	0.07%
70	QBE MI Asia	30,613	0.06%
71	Chong Hing	27,257	0.05%
72	ASIA0PACIFIC P&C	26,013	0.05%
73	Pioneer	19,153	0.04%
74	London Steam-Ship	16,523	0.03%
75	Tugu	15,819	0.03%
76	Avo Insurance	5,797	0.01%
77	CNOOC Insurance	842	-
78	Target	661	-