HONG KONG - Hong Kong's Commissioner of Insurance office announced on Tuesday that the total gross premium of the Hong Kong insurance industry was $207.2 billion ($26.59 billion) in 2010, representing an increase of 11.6 percent over 2009.
The gross and net premiums of general insurance business recorded a growth of 9.8 percent to HK$31.4 billion and 6.9 percent to HK$21.9 billion in 2010.
The overall underwriting performance also recorded a rise in profit from HK$2.2 billion in 2009 to HK$2.6 billion in 2010.