Core Viewpoint - The recent surge in demand for Hong Kong insurance products, particularly dividend insurance, has attracted attention due to the lowered demonstration interest rates, leading many mainland residents to travel to Hong Kong for purchases, despite underlying risks [1][3]. Group 1: Market Trends - The total insurance premium from mainland visitors to Hong Kong in 2024 reached HKD 627.98 billion, a 6.49% increase from HKD 589.71 billion in 2023 [3]. - In 2024, the quarterly breakdown of premiums shows HKD 156 billion in Q1, HKD 141 billion in Q2, HKD 170 billion in Q3, and a significant contribution of 29% to Hong Kong's new policy premiums [3]. - The demand for new business premiums is primarily driven by whole life and savings insurance, which together account for 62.1% of new policies, with whole life insurance at 58.5% and savings insurance at 3.6% [5]. Group 2: Regulatory Concerns - The Hebei Financial Regulatory Bureau issued warnings about the risks associated with purchasing overseas insurance, highlighting that such policies are not protected under domestic laws and carry various risks including exchange rate fluctuations and high claims costs [3][6]. - The Hong Kong Insurance Authority has emphasized the importance of purchasing insurance through legitimate channels and avoiding illegal transactions, particularly those promising high returns [3][8]. - The Hong Kong Insurance Authority has been actively combating illegal sales and has a zero-tolerance policy towards unlicensed insurance sales, with severe penalties for violations [9][10]. Group 3: Consumer Guidance - The Hong Kong Insurance Authority advises mainland visitors to follow seven key guidelines when purchasing insurance in Hong Kong, including personally visiting, avoiding unlicensed agents, and understanding product features and risks [8]. - The differences in legal and regulatory frameworks between Hong Kong and mainland China necessitate that consumers familiarize themselves with local insurance laws and potential policy changes [6][10].

21世纪经济报道记者 叶麦穗 近期香港保险市场因分红险演示利率下调而引发市场广泛关注，为了锁定 高收益，不少内地居民"打飞的"专程赴港签单，部分中介也借机营销， 带火了一波香港保险购买潮。 但是火热背后，也充满了风险，7月30日，河北金融监管局关于购买境外保险的风险提示称，近期境外 保险产品热度上升，但其中暗藏诸多风险。持牌机构、保险从业人员超出业务范围，宣传、推介、销售 或组织安排购买境外保险机构产品，均属于违法违规行为。 赴港投保热情升温 河北金融监管局提醒广大金融消费者，境外保单不受我国境内法律保护，投保境外保险产品存在汇率或 外汇政策变化、保单收益不确定、理赔成本高、维权难度大等诸多风险，消费者应高度警惕，谨慎对 待。 "如确有需求，请通过合法渠道购买保险，切勿参与'地下保单'等违规交易，谨慎对待以'高收益'为卖点 的投资型产品。"河北金融监管局强调。 2025年以来，这一趋势继续加码。据香港保险业监管局公布的数据，今年一季度全港新造保单保费达 934亿港元，同比增长43.1%，创下2001年以来的季度新高。 不过，内地访客新造保单统计情况并未公布。对此，香港保监局表示，该局正全面检视非本地保单持有 ...

Core Insights - The surge in demand for Hong Kong insurance products among mainland visitors is met with regulatory warnings about potential risks associated with overseas insurance purchases [1][4][6] - The Hong Kong insurance market is experiencing significant growth, with new policy premiums reaching a record high in 2024, driven largely by mainland visitors [2][3] Group 1: Regulatory Environment - The Hebei Financial Regulatory Bureau has issued warnings regarding the risks of purchasing overseas insurance, highlighting that such policies are not protected under mainland laws and carry various risks including exchange rate fluctuations and high claims costs [1][4] - The Hong Kong Insurance Authority has been actively monitoring and regulating the sale of insurance products to ensure compliance and protect consumer rights [6][8] Group 2: Market Trends - In 2024, the total new policy premiums in Hong Kong's insurance market reached 219.8 billion HKD, marking a 22% year-on-year increase, with mainland visitors contributing 62.8 billion HKD, a 6.5% increase [2] - The first quarter of 2025 saw a further increase in new policy premiums to 93.4 billion HKD, a 43.1% rise compared to the previous year, indicating sustained interest from mainland consumers [2] Group 3: Consumer Behavior and Risks - Mainland consumers are advised to be cautious when purchasing insurance in Hong Kong, with recommendations to engage only with licensed agents and to understand the terms and risks associated with the products [4][5] - Risks identified for mainland visitors include currency risk, legal discrepancies, and information asymmetry regarding product terms [4][5]

Core Insights - The surge in demand for Hong Kong insurance products among mainland visitors is met with regulatory warnings about potential risks associated with overseas insurance purchases [1][2][4] - The Hong Kong insurance market is experiencing significant growth, with new policy premiums reaching a record high, driven largely by mainland visitors [2][3] Regulatory Environment - The Hebei Financial Regulatory Bureau has issued a risk warning regarding overseas insurance, highlighting illegal sales practices and the lack of legal protection for such policies in mainland China [1][6] - The Hong Kong Insurance Authority has been actively monitoring and regulating the sale of insurance products to ensure compliance and protect consumer rights [4][8] Market Trends - In 2024, the total new policy premiums in Hong Kong reached 219.8 billion HKD, a 22% increase year-on-year, with mainland visitors contributing 62.8 billion HKD, marking a 6.5% growth [2] - The first quarter of 2025 saw new policy premiums of 93.4 billion HKD, a 43.1% increase compared to the previous year, indicating a continued upward trend in the market [2] Consumer Behavior - Mainland visitors are increasingly drawn to Hong Kong for insurance purchases due to the variety of financial products and services available, as well as the region's regulatory framework [3] - Consumers are advised to be cautious and informed when purchasing insurance, emphasizing the importance of understanding product terms and avoiding illegal sales channels [4][5] Risks and Challenges - Key risks for consumers include exchange rate fluctuations, legal discrepancies, and information asymmetry regarding insurance products [4][5] - The absence of a direct insurance protection mechanism in Hong Kong, unlike mainland China, raises concerns about consumer safety and claims processing [4][6]