Hang Seng Insurance maintains solid capital strength through 2027

Weighted new business sales were up 49% in the first half of 2025. 

Hang Seng Insurance is expected to sustain steady growth and solid capital strength through 2027, supported by its close ties with Hang Seng Bank and its key role in the group’s wealth management strategy.

According to S&P Global Ratings, the insurer’s capital level should stay above the 99.5% confidence threshold, helped by its large portfolio of participating policies which provides flexibility to manage returns and stabilise earnings.

Hong Kong’s tighter rules on participating policies are not expected to affect performance, with the insurer well-positioned to meet the stricter governance and segregation standards.

New business momentum remains strong, with weighted new business sales up 49% year on year in the first half of 2025. 

S&P expects Hang Seng Insurance to maintain robust solvency and consistent business expansion over the next few years.