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Sun Life sees Hong Kong as ‘most important’ market for life insurers in Asia

SCMP LogoSCMP1d ago

Sun Life sees Hong Kong as ‘most important’ market for life insurers in Asia - SCMP

Quick Summary:

New insurance premiums rose 330 per cent between 2019 and 2024, lifting Sun Life’s ranking to fifth from 12th, according to company data.

Nearly 60 per cent of high-net-worth individuals in Greater China use insurance policies to transfer their wealth to the next generation, according to a Manulife and Deloitte survey in February.

The group has been doing business in Asia for 133 years, serving 30 million clients through 92,000 agents and 27 banking partners.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 11:30:13 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27610073

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 15 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 33 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "Sun Life sees Hong Kong as ‘most important’ market for life insurers in Asia" has 305 words across 9 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Sun Life sees Hong Kong as ‘most important’ market for life insurers in Asia" was covered 1 days ago by SCMP, a news publisher based in Hong Kong.

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SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 15 news stories per day.

It's most recent story was published 33 minutes ago.

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  • News ID: #27610073
  • URL: https://chronographically.beamstart.com/news/sun-life-sees-hong-kong-17439115245973

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