Blue Cross premiums rise 10% in H1 to outpace Hong Kong market
Its non-medical business GWPs surged during the period.
Blue Cross (Asia Pacific) Insurance saw its gross written premiums (GWP) grow 10% year-on-year (YoY) in the first six months of 2026, outpacing Hong Kong’s general insurance market average of 3.1%.
The insurer’s non-medical business saw GWP surge 25.4% YoY compared to the market’s 1% decline, based on data from the Insurance Authority.
Blue Cross attributed this to its travel, employees’ compensation, property damage, motor, and general liability insurance businesses.
Blue Cross’ travel insurance GWP grew 17%, compared to the market rising by only 5.8%.
Employee compensation insurance saw premiums expanded 17.4% whilst the market’s premiums declined by 17.4%.
Property damage insurance GWP surged 26.3%, compared to the market registering a 1.5% decline.
Motor insurance GWP nearly doubled, soaring 98.6%, whilst the market grew by only 1.5%.
General liability insurance GWP surged 36% against a market decline of 2.1%.
“Our non-medical business delivered resilient growth across multiple product lines, supported by strong demand and customers’ trust in Blue Cross,” said Bonnie Tse, CEO of Blue Cross.