Analysis of the Prospects and Development of Insurance Premium Trust Products in Hong Kong.

Insurance premium trust is a hybrid model that combines insurance and trust services. In recent years, with the gradual improvement of China's economy, there has been a heightened awareness of wealth management among people. To meet this growing demand, the insurance market has expanded greatly, resulting in the emergence of various new insurance products, including insurance premium trust products. Based on the status of the domestic insurance market and Hong Kong insurance market in recent years, this paper summarizes the advantages and disadvantages of insurance premium trust products launched by the Hong Kong insurance industry. Furthermore, it discusses the prospects and development of the Hong Kong insurance premium trust model against the background of the establishment of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). [ABSTRACT FROM AUTHOR]