香港保险市场投保热，什么原因

Group 1 - The Hong Kong insurance market is experiencing a significant surge, with new long-term business premiums reaching HKD 93.4 billion in Q1 2025, a 43.1% increase from HKD 65.2 billion in Q1 2024, marking the highest quarterly premium since records began in 2001 [1] - The increase in premiums is partly driven by mainland visitors, whose new policy premiums amounted to HKD 62.8 billion in 2024, a 6.5% year-on-year increase, accounting for 28.6% of total new policy premiums [1] - A recent policy adjustment by the Hong Kong Insurance Authority, which lowers the demonstration interest rate cap for dividend insurance policies, has led to a "last train" effect, prompting many to purchase insurance before the changes take effect [2][3] Group 2 - The competitive landscape in the Hong Kong insurance market has intensified, with some companies engaging in overly optimistic return predictions to attract customers, potentially leading to significant discrepancies between actual and expected returns [2] - There are notable risks for mainland residents purchasing insurance in Hong Kong, including legal differences, currency exchange risks, and the uncertainty of non-guaranteed returns from dividend insurance products [3] - The Hong Kong Insurance Authority has issued warnings regarding the risks associated with "underground policies," which are illegal and can lead to invalid contracts and financial losses [5][6] Group 3 - The risks associated with "underground policies" include premium payment risks, where funds may be misappropriated, and claims risks, where insurance companies may refuse to pay out due to lack of proper documentation [6][7] - Regulatory bodies in mainland China are actively monitoring and addressing illegal cross-border insurance activities, including the promotion of foreign insurance products through various channels [7]