Li Jiachao: Currently, there are over 160 authorized insurance companies in Hong Kong, including three international insurance groups that use Hong Kong as their group regulatory base.

According to Zhichun Finance APP, Hong Kong Chief Executive John Lee stated in a video address at the 16th World Chinese Insurance Conference and the 2026 International Dragon Award IDA Annual Meeting that insurance is an important part of the financial system, safeguarding the livelihood of society and supporting the real economy. The national 14th Five-Year Plan explicitly supports Hong Kong in consolidating and enhancing its position as an international financial center, strengthening the functions of international asset and wealth management center and international risk management center. Hong Kong is actively preparing its first five-year plan to align with national strategies and further assist in the country's high-level financial opening-up. Currently, Hong Kong has over 160 authorized insurance companies, including three international insurance groups with Hong Kong as their group regulatory base. Hong Kong's insurance penetration rate ranks first in the world, and its insurance density remains among the top globally.