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The Zhitong Finance App learned that the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, said in a video message at the 16th World Chinese Insurance Conference and 2026 International Dragon Award IDA Annual Meeting that insurance is an important part of the financial system, protects people's livelihood, and supports the real economy. The national “15th Five-Year Plan” clearly supports Hong Kong in consolidating and enhancing its status as an international financial center and strengthening the functions of an international asset and wealth management center and an international risk management center. Hong Kong is preparing its first five-year plan at full speed, actively connecting with the national strategy and further helping to open up the country's finance to the outside world at a high level. Currently, there are more than 160 authorized insurance companies in Hong Kong, including three international insurance groups with Hong Kong as the group's supervisory base. Hong Kong's insurance penetration rate is the highest in the world, and insurance density is among the highest in the world.
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The Zhitong Finance App learned that the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, said in a video message at the 16th World Chinese Insurance Conference and 2026 International Dragon Award IDA Annual Meeting that insurance is an important part of the financial system, protects people's livelihood, and supports the real economy. The national “15th Five-Year Plan” clearly supports Hong Kong in consolidating and enhancing its status as an international financial center and strengthening the functions of an international asset and wealth management center and an international risk management center. Hong Kong is preparing its first five-year plan at full speed, actively connecting with the national strategy and further helping to open up the country's finance to the outside world at a high level. Currently, there are more than 160 authorized insurance companies in Hong Kong, including three international insurance groups with Hong Kong as the group's supervisory base. Hong Kong's insurance penetration rate is the highest in the world, and insurance density is among the highest in the world.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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