Since February 2023, Hong Kong's borders have reopened, igniting a phenomenal revival in the insurance sector!

Following the border reopening in February 2023, Hong Kong's insurance sector has witnessed a robust resurgence, fueled by heightened interest from local clientele and Mainland Chinese visitors, supported by relaxed travel regulations.

The remarkable growth figures disclosed by major insurers like AIA, Prudential plc, and FWD Group reflect this rebound.

Amidst the noteworthy bounce back, it's crucial to highlight that last year's MCV count to Hong Kong was merely around half of what it was in 2018, prior to the upheavals of 2019.

We, at 360F, hold the belief that this perspective highlights promising opportunities for growth in this sector as cross-border travel gradually resumes its normal rhythm.

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