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Hong Kong (HSI) Insurance Industry Analysis

UpdatedSep 25, 2025
DataAggregated Company Financials
Companies14
  • 7D-5.1%
  • 3M6.1%
  • 1Y47.7%
  • YTD46.7%

Over the last 7 days, the Insurance industry has dropped 5.1%, driven by a pullback from AIA Group of 5.5%. Over the past 12 months, the industry was up 48%. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the Hong Kong Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Sep 2025HK$2.8tHK$2.2tHK$288.6b8x9.6x1.3x
Sun, 24 Aug 2025HK$3.0tHK$2.1tHK$286.0b11.7x10.6x1.4x
Tue, 22 Jul 2025HK$2.8tHK$2.1tHK$292.0b9.7x9.5x1.3x
Thu, 19 Jun 2025HK$2.7tHK$2.1tHK$291.5b8.1x9.1x1.3x
Sat, 17 May 2025HK$2.5tHK$2.1tHK$287.4b8x8.8x1.2x
Mon, 14 Apr 2025HK$2.1tHK$2.0tHK$273.2b7.2x7.8x1.1x
Wed, 12 Mar 2025HK$2.4tHK$2.5tHK$222.4b8.3x10.6x0.9x
Fri, 07 Feb 2025HK$2.3tHK$2.5tHK$221.5b7.6x10.4x0.9x
Sun, 05 Jan 2025HK$2.3tHK$2.5tHK$220.5b7.2x10.3x0.9x
Tue, 03 Dec 2024HK$2.4tHK$2.5tHK$221.7b7.6x10.8x1x
Thu, 31 Oct 2024HK$2.5tHK$2.5tHK$156.8b8.8x15.8x1x
Sat, 28 Sep 2024HK$2.5tHK$2.5tHK$144.2b8.3x17.1x1x
Mon, 26 Aug 2024HK$2.0tHK$2.4tHK$127.7b8.3x15.7x0.8x
Wed, 24 Jul 2024HK$1.9tHK$2.4tHK$117.8b8.2x16.3x0.8x
Fri, 21 Jun 2024HK$2.0tHK$2.4tHK$117.9b8.5x16.7x0.8x
Sun, 19 May 2024HK$2.2tHK$2.4tHK$118.3b8.8x18.3x0.9x
Tue, 16 Apr 2024HK$1.8tHK$2.4tHK$124.2b7.9x14.2x0.7x
Thu, 14 Mar 2024HK$2.0tHK$2.9tHK$92.5b7.1x22x0.7x
Sat, 10 Feb 2024HK$2.0tHK$2.9tHK$92.4b7x21.9x0.7x
Mon, 08 Jan 2024HK$2.7tHK$4.5tHK$178.9b7.2x14.9x0.6x
Wed, 06 Dec 2023HK$2.7tHK$4.5tHK$179.0b7.1x15.1x0.6x
Fri, 03 Nov 2023HK$3.0tHK$4.4tHK$181.0b7.6x16.3x0.7x
Sun, 01 Oct 2023HK$3.1tHK$4.4tHK$192.1b8.3x16.3x0.7x
Tue, 29 Aug 2023HK$3.1tHK$4.4tHK$201.2b8x15.7x0.7x
Thu, 27 Jul 2023HK$3.3tHK$4.2tHK$210.3b9.1x15.8x0.8x
Sat, 24 Jun 2023HK$3.3tHK$4.2tHK$210.2b9.5x15.7x0.8x
Mon, 22 May 2023HK$3.7tHK$4.3tHK$214.7b10x17x0.9x
Wed, 19 Apr 2023HK$3.5tHK$4.3tHK$200.2b10.7x17.7x0.8x
Fri, 17 Mar 2023HK$3.3tHK$4.3tHK$208.4b6.6x15.9x0.8x
Sun, 12 Feb 2023HK$3.6tHK$4.4tHK$251.8b7.4x14.3x0.8x
Tue, 10 Jan 2023HK$3.7tHK$4.4tHK$251.3b8.1x14.8x0.8x
Thu, 08 Dec 2022HK$3.3tHK$4.1tHK$237.3b6x14.1x0.8x
Sat, 05 Nov 2022HK$2.7tHK$4.0tHK$230.8b6.1x11.7x0.7x
Mon, 03 Oct 2022HK$2.8tHK$4.1tHK$244.3b6.2x11.6x0.7x
Price to Earnings Ratio

11.6x


Total Market Cap: HK$2.8tTotal Earnings: HK$244.3bTotal Revenue: HK$4.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Insurance Industry Price to Earnings3Y Average 14.2x202320242025
Current Industry PE
  • Investors are pessimistic on the Hong Kong Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.6x which is lower than its 3-year average PE of 14.2x.
  • The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 5.7% per year over the last three years.
  • Meanwhile revenues for these companies have declined 19% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Hong Kong Financials industry?

HK Market-2.67%
Financials-4.07%
Insurance-5.13%
Insurance Brokers0%0
Property and Casualty Insurance-4.99%
Life and Health Insurance-5.16%
General Insurance-5.39%
Reinsurance-5.81%
Industry PE
  • Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 6.8%, which is higher than its past year's earnings growth of 2.3% per year.
  • Investors are most pessimistic about the Reinsurance industry, which is trading close to its 3-year average of 5.5x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 6.8% over the next 5 years.
  • This is better than its past earnings growth rate of 2.3% per year.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
222 Min Xin HoldingsHK$3.142.6%
+HK$47.8m
96.3%PE15.7x

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