Friday, 28 November 2014

Personal Accident and Health Insurance in Hong Kong, Key Trends and Opportunities to 2018 Market, Analysis, Growth, Trends, Share, Size Research Report

Executive summary The Hong Kong personal accident and health segment’s gross written premium grew at a review-period CAGR of 6.4%. Health insurance accounted for 77.2% of the personal accident and health insurance gross written premium value in 2013, followed by personal accident and travel insurance. The gross written premium of health insurance rose at a review-period CAGR of 6.4%. The increase in healthcare expenditure, a rise in outbound tourist volume, favorable government initiatives and growing consumer awareness of the benefits of insurance products all supported this growth. Hong Kong’s positive economic outlook is also expected to drive the segment’s growth over the forecast period. According to the IMF Hong Kong’s GDP at current prices is expected to increase at a forecast-period CAGR of 6.9%in 2018. Browse Full Report @

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