Group 1 - The Hong Kong government estimates that approximately 537,200 permanent residents will spend half or more of their time in Guangdong Province in 2024, with about 109,900 of them being aged 65 or older, indicating significant potential in the silver market [1] - The Hong Kong Insurance Authority has been actively encouraging the industry to develop innovative products that integrate high-quality elderly care services in the Greater Bay Area, aiming to meet the needs of the elderly population [1] - Hong Kong's insurance density is the second highest in the world and the highest in Asia, with six of the world's top ten insurance companies operating in Hong Kong, highlighting the region's stability as a business location for the insurance industry [1] Group 2 - The new company migration system, effective from May 23, allows companies established abroad to retain their corporate identity while transferring their registered location back to Hong Kong, ensuring business continuity and benefiting from Hong Kong's efficient corporate governance and tax system [2] - The Hong Kong government encourages foreign insurance companies to utilize the migration mechanism to return to Hong Kong, especially those whose primary business is in Hong Kong, to mitigate adverse external business conditions [2]