As at 31 December 2024, there were 157 authorized insurers in Hong Kong, of which 84 were pure general insurers, 52 were pure long term insurers, 18 were composite insurers and 3 were special purpose insurers.
As at 31 December 2024, there were 1,585 licensed insurance agencies, 80,445 licensed individual insurance agents and 23,541 licensed technical representatives (agent). In addition, there were 805 licensed insurance broker companies and 11,174 licensed technical representatives (broker) on the same date.
In 2023, the total gross premiums of the Hong Kong insurance industry increased by 0.8% to $542.1 billion.