As at 30 September 2024, there were 157 authorized insurers in Hong Kong, of which 85 were pure general insurers, 52 were pure long term insurers, 18 were composite insurers and 2 were special purpose insurers.
As at 30 September 2024, there were 1,611 licensed insurance agencies, 78,786 licensed individual insurance agents and 23,320 licensed technical representatives (agent). In addition, there were 805 licensed insurance broker companies and 10,719 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.