Mainland buyers spent HK$11.8 billion (US$1.5 billion) on life premiums in the first three months of 2018 – a 37 per cent fall on the same quarter last year. Photo: Bloomberg Mainland buyers spent HK$11.8 billion (US$1.5 billion) on life premiums in the first three months of 2018 – a 37 per cent fall on the same quarter last year. Photo: Bloomberg
Mainland buyers spent HK$11.8 billion (US$1.5 billion) on life premiums in the first three months of 2018 – a 37 per cent fall on the same quarter last year. Photo: Bloomberg

Hong Kong insurers thumped by 37pc plummet in life premiums paid by mainlanders

‘We will need to wait and see if Beijing relaxes its controls or offers any special incentives for the Greater Bay Area, whether there is another wave of mainlanders buying life products here,’ says sector lawmaker Chan Kin-por

Topic |   Insurance
Mainland buyers spent HK$11.8 billion (US$1.5 billion) on life premiums in the first three months of 2018 – a 37 per cent fall on the same quarter last year. Photo: Bloomberg Mainland buyers spent HK$11.8 billion (US$1.5 billion) on life premiums in the first three months of 2018 – a 37 per cent fall on the same quarter last year. Photo: Bloomberg
Mainland buyers spent HK$11.8 billion (US$1.5 billion) on life premiums in the first three months of 2018 – a 37 per cent fall on the same quarter last year. Photo: Bloomberg
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