Hong Kong’s general insurance business back into profit

General insurance business in Hong Kong returned to profitability with an underwriting profit of $583m in 2018, compared with a loss of $827m in 2017. This is according to Hong Kong insurance business statistics for 2018 released by the Insurance Authority (IA). The insurance industry as a whole saw total gross premiums reach $514.5bn in 2018, a year-on-year increase of…

Please register or login to view the full post