Mainland China has suspended the issuance of new insurance company licenses since February this year,in the past two years,Several listed companies have announced their intention to enter the insurance industry,Some people have opted out this year。at the same time,The trend of mainland capital turning to Hong Kong to acquire insurance licenses is becoming increasingly apparent,Related transactions have accelerated this year,Some transactions amount up to 10 billion Hong Kong dollars,And competition is fierce。
Hong Kong insurance regulatory environmentand market freedom
Consultants familiar with the markets of the two places pointed out that,Hong Kong insurance industryregulatory environment、Policy advantages and degree of market liberalization,Mainland capital favorsHong Kong insurance licensekey factors of value。
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