Second, the premium rate is low, because it is different from domestic actuarial standards, which leads to the premium in Hong Kong being about 30% lower than that in China.
Third, the dividend level is high. Because Hong Kong's financial market is very open, insurance companies have high capital efficiency and their income is much higher than that in China.
Fourth, the insurance industry in Hong Kong is following the trend. "The Hong Kong Insurance Claims Complaints Bureau has decided to extend its services to non-Hong Kong residents from 2065438+May 2003 1 day. All policy holders, no matter where they live, can get free services from the Complaints Bureau as long as their policies are based on the laws of Hong Kong. So more and more domestic customers go to Hong Kong to buy insurance.