SCMP.com
Hong Kong’s insurance business may expand by a compounded 55 per cent over the next eight years, driven by the so-called silver economy serving senior citizens and growth in the Greater Bay Area, industry experts said on Tuesday.
Gross insurance premium in the city may jump to US$127 billion by 2032 from last year’s US$82 billion…
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Hong Kong’s insurance market may balloon 55% as Greater Bay Area ages
Hong Kong’s insurance business may expand by a compounded 55 per cent over the next eight years, driven by the so-called silver economy serving senior citizens and growth in the Greater Bay Area, industry experts said on Tuesday. Gross insurance premium in the city may jump to US$127 billion by 2032 from last year’s US$82