AIA Hong Kong continues to lead the insurance industry with 9 market No.1 in 2024

AIA Hong Kong continues to lead the industry with 9 market No.1 in 2024, according to the Provisional Statistics of the Insurance Authority on Hong Kong Long-Term Insurance Business¹:

• Number of Inforce Policies
• Number of New Business Policies (Top the market for 11 consecutive years²)
• Number of Local New Business Policies
• Number of Non-Local New Business Policies
• Non-local Annualised New Premiums³
• New Office Premiums from Agency Channel³
• Annualised New Premiums from Agency Channel³
• Number of New Business Policies from Agency Channel
• Number of New Business Policies from Brokerage Channel

Remarks:

1. Provisional statistics of the Insurance Authority on Hong Kong long-term insurance business from January to December 2024. The policies refer to Direct New Business and Direct Inforce Business of Individual Life, Annuity and Linked Individual (Classes A & C) and Other Individual Business (Classes B, D, E &F). "Agency channel" refers to "Agents" as classified by the Hong Kong Insurance Authority under Distribution Channel. "Brokerage channel" refers to "Brokers" as classified by the Hong Kong Insurance Authority under Distribution Channel.
2. Based on statistics from Insurance Authority released since 2014 - Provisional statistics of the Insurance Authority on Hong Kong long-term insurance business for full year 2014-2024.
3. "Annualised New Premiums" represents 100% of annualised first year premium and 10% of single premium. "New Office Premiums" represents 100% of annualised first year premium and 100% of single premium.

AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have over 18,000 financial planners¹, as well as an extensive network of independent financial advisors, brokerage and bancassurance partners. We serve over 3.6 million customers², offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high-net-worth customers.