4
Financial and Monetary Affairs
Bond Market Development
Outstanding HKD debt securities, including EFBNs, totalled $1,730.6 billion at the end of 2016.
Chart 7
HK$ Billion
2,000
Total Outstanding HKD Debt Securities
1,500
1,731
1,525
1,419
1,410
1,309
1,000
0
2012
2013
2014
2015
2016
Year
Open Insurance Market
Hong Kong is one of the most open insurance centres in the world. Of the 160 authorised insurers at the end of 2016, 73 were from the Mainland or overseas jurisdictions. In addition, 14 of the world's top 20 insurers were authorised to conduct insurance business in Hong Kong either directly or through a group company. The city had 18 professional re-insurers, including most of the world's top re-insurers. Gross premium income was $448.8* billion, an increase of 20 per cent over 2015.
Chart 8
HK$ Billion
Annual Gross Premiums of Insurance Market
500
400
300
200
T
449*
374
339
300
263
100
0
2012
2013
2014
Year
2015
2016
*Provisional statistics
61
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