Core Insights - The Hong Kong insurance market presents both opportunities and challenges for mainland clients, with new policy premiums from mainland visitors expected to reach HKD 62.8 billion in 2024, a 6.5% year-on-year increase, accounting for 28.6% of total new policy premiums in personal business [1] Group 1: Investment Opportunities - The demand for Hong Kong insurance products is driven by the need for better understanding and communication regarding insurance terms, as well as the uncertainty of returns and health disclosures [1] - Companies like 万通保险 (Manulife) aim to bridge the information gap and help clients navigate the complexities of investing in Hong Kong insurance [1] Group 2: Selection Criteria for Insurance Companies - Understanding insurance terms is crucial, including coverage scope, exclusions, waiting periods, and claims service [3] - The reliability of the insurance company is a key factor, as it reflects the company's investment capability and long-term stability [3] Group 3: Brand Background - The credibility of an insurance brand is often linked to its shareholders; for instance, 万通保险 is backed by the 170-year-old 万通人寿 (Manulife Financial), which has a strong financial rating [4] - 万通保险 collaborates with Barings, a 260-year-old asset management firm, enhancing its investment reliability [5] Group 4: Investment Strength - Investment capability is a core indicator of an insurance company's ability to meet its commitments, especially for savings and dividend products [7] - 万通保险 has a dedicated investment team focusing on alternative assets and entrusts 99% of its fixed-income assets to Barings, which is crucial for product yield stability [7][9] Group 5: Solvency Ratio - Hong Kong's insurance sector is governed by strict regulatory frameworks that require companies to maintain a solvency ratio above 100%, with leading firms often exceeding 200% [10] - 万通保险 has reported a solvency ratio exceeding 240%, indicating strong capital strength to cover potential claims [10] Group 6: Investment Strategy - Investing in Hong Kong insurance requires careful planning and informed decision-making, with a focus on matching personal needs with the right products [11] - Investors are advised to consult with experts from 万通保险 to fully understand the investment landscape [11]