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Category: Business and Industry
Date Submitted: 11/26/2014 10:18 PM
Most up-to-date research on "Life Insurance in Hong Kong, Key Trends and Opportunities to 2018" to its huge collection of research reports.
Synopsis
The report provides in-depth market analysis, information and insights into the Hong Kong life insurance segment, including:
The Hong Kong life insurance segment’s growth prospects by life insurance category
Key trends and drivers for the life insurance segment
The various distribution channels in the Hong Kong life insurance segment
The detailed competitive landscape in the life insurance segment in Hong Kong
Detailed regulatory policies of the Hong Kong insurance industry
Analysis of various consumer segments in Hong Kong life insurance
Key developments in the Hong Kong life insurance segment
New products launched by Hong Kong life insurers
Browse Detail Report With TOC @ http://www.researchmoz.us/life-insurance-in-hong-kong-key-trends-and-opportunities-to-2018-report.html
Executive summary
The Hong Kong life insurance segment grew at a compound annual growth rate (CAGR) of 13.3% in 2013 during the review period. The growth was driven by rising consumer awareness, favorable regulation, product innovation and marketing campaigns. The life segment accounted for 85.7% of the Hong Kong insurance industry’s gross written premium in 2013. Consumers’ low risk-bearing capacity encouraged them to invest in whole life and endowment products instead of unit-linked products, which are highly exposed to market conditions. These categories’ growth was also a result of rising acceptance of these products due to insurers’ marketing campaigns, which encouraged traditional products as an investment vehicle during the economic downturn. The life segment is expected to grow at a projected forecast period CAGR of 7.5% in 2018 over the forecast period
Scope
This report provides a comprehensive analysis of the life insurance segment in Hong Kong:
It provides historical...