Hong Kong usually does a roaring trade in selling insurance to mainland Chinese visitors. The unrest is changing that.
For years, popular stops in Hong Kong for mainland Chinese tourists have included the iconic Victoria Peak and its city views, the family-friendly Disneyland—and the humdrum offices of some of the city’s big insurance companies.
Sharp drops in visitor arrivals to Hong Kong in the past few months have dented a lucrative sales channel for large life insurers including AIA Group Ltd. and Prudential PLC, which had a roaring trade selling policies and savings products to mainland Chinese crossing the border into the semiautonomous...
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