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HSBC Life Records HKD20B+ in New Biz Premiums in 1Q
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According to provisional statistics released by the Insurance Authority, HSBC Life said that it continued to lead the market in new business premiums and annualized new premiums in 1Q25, with market shares of 21.5% and 22% respectively. In 1Q25, HSBC Life recorded more than HKD20 billion in new business premiums, said Daisy Tsang, CEO of HSBC Life HK and Macau. Noticing a continued increase in demand for insurance among high-net-worth individuals this year, she added that HSBC Life will remain optimistic about future opportunities and confident in maintaining growth momentum. AAStocks Financial News |
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