Hong Kong remains the most attractive gateway for insurers expanding into and out of Mainland China, plays host to some of the largest Western international insurance groups, and is home to a top 100 global insurance company. In recent years, not only have we seen significant activity from parties wanting to enter our market via both transactions and greenfields, but there has also been a significant amount of rationalisation (via portfolio transfers and wind downs), as well increasing interest from run-off providers. This activity has quietly persisted throughout the past two to three years of Covid-19, and as the of clouds of Covid start to clear, there is a renewal of interest and activity on the horizon.
“Entry and exit solutions as deal activity rebounds in Hong Kong’s insurance market” summarises the entry and exit approaches available in Hong Kong’s insurance market and deals with both life and GI opportunities and solutions in relation to deals, greenfield market entry, portfolio transfers, and run off. All of this, in the context of the Hong Kong market and regulations.
Financial Services Markets Leader, GBA Services, PwC Hong Kong
Tel: +[852] 2289 8388 / +[86] (10) 6533 8388 / +[86] (755) 8261 8388