Hong Kong targets captives, specialty and ILS in budget
February 25 2021 by Raymond Barrett
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Hong Kong reiterates pledge to develop as ILS hub in 2024-25 budget
- February 28
The city's financial secretary repeated its goal of developing insurance-linked securities such as cat bonds, and attracting captives as key to developing its specialty insurance market.
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WTW hires new APAC captives lead from Aon
- February 26
Singapore-based Joyce Chua will provide captive and risk finance insights helping companies retain risk and manage their (re)insurance programs.
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Hong Kong’s proposed risk-based capital requirements extend waivers to marine, captive insurers
- January 15
The Insurance Authority of Hong Kong has proposed a set of rules that seek to lighten the compliance burden for captives and marine insurers under the new capital regime slated for 2024 2H.
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WTW appoints Adrian Chua as regional managing director for captives
- August 23
Singapore-based Chua joins from Cigna Singapore, where he was the chief strategy officer.
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