Insurance business written by class of insurance — Premiums ceded in Hong Kong, China
Hong Kong, China: Insurance business written by class of insurance — Premiums ceded was 884.99 Euro in 2024. ▲ Rising
Insurance business written by class of insurance — Premiums ceded in Hong Kong, China, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2024, insurance business written by class of insurance — premiums ceded in Hong Kong, China stood at 884.99 Euro. That is the highest value across all 10 years on record.
That represents a change of up 93.9% on the previous year and up 316.7% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Hong Kong, China peaked at 884.99 Euro in 2024 and was at its lowest, 202.55 Euro, in 2013.
That places Hong Kong, China 7th out of 40 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 10 years of available data.
Insurance business written by class of insurance — Premiums ceded in Hong Kong, China, year by year
| Year | Euro | Change |
|---|---|---|
| 2013 | 202.55 Euro | — |
| 2014 | 212.4 Euro | +4.9% |
| 2015 | 328.51 Euro | +54.7% |
| 2016 | 358.62 Euro | +9.2% |
| 2017 | 398.17 Euro | +11.0% |
| 2018 | 385.96 Euro | -3.1% |
| 2021 | 321.09 Euro | -16.8% |
| 2022 | 418 Euro | +30.2% |
| 2023 | 456.46 Euro | +9.2% |
| 2024 | 884.99 Euro | +93.9% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 884.99 Euro is above the median for high income countries, which is 281.91 Euro, 3.1× the median. (25 countries reporting)
- Hong Kong, China's 884.99 Euro is above the median for East Asia & Pacific, which is 287.75 Euro, 3.1× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 314.37 Euro | 202.55 Euro | 398.17 Euro | 6 |
| 2020s | 520.13 Euro | 321.09 Euro | 884.99 Euro | 4 |
Countries ranked near Hong Kong, China
More economy & growth data for Hong Kong, China
- Foreign direct investment, net outflows (BoP, current US$), gaps 80.54 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1972 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10,704 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 125.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.14 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3081 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16,722 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 0.3594 % change on previous year (2023)
- Total reserves (includes gold, current US$), per unit of GDP 1.12 includes gold, current US$ per US$ of GDP (2023)
- Total reserves (includes gold, current US$), per capita 56,469 includes gold, current US$ per person (2023)
Frequently asked questions
- What is insurance business written by class of insurance — premiums ceded in Hong Kong, China?
- Insurance business written by class of insurance — premiums ceded in Hong Kong, China was 884.99 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — premiums ceded recorded in Hong Kong, China?
- The highest recorded value was 884.99 Euro in 2024.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Hong Kong, China?
- The lowest recorded value was 202.55 Euro in 2013.
- How does Hong Kong, China rank for insurance business written by class of insurance — premiums ceded?
- Hong Kong, China ranks 7th out of 40 countries with data for 2024.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Hong Kong, China?
- Over the last ten years it is up 316.7%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance business written by class of insurance — Premiums ceded. Statizoid updates them automatically from the source API.
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About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.