Comparative Analysis of Chinese Mainland and Hong Kong Insurance Products and the Prospect of Insurance Industry

Abstract

As an emerging financial product, insurance is attracting more and more people. Hong Kong with developed insurance industry attracts investment from mainland residents. This paper starts with the development process and current situation of insurance products, insurance markets and relevant government policies in the mainland and Hong Kong, compares the similarities and differences of insurance products in the mainland and Hong Kong, and explores the development prospects and direction of both insurance by finding information and analyzing the audience.