HK Insurance Authority courts Chinese insurers, municipalities to grow cat bond hub

Georgina Lee — Sun, 14 Apr 2024 23:30:37 +0000

Hong Kong’s Insurance Authority (HKIA) is reaching out to Chinese local governments, municipalities and (re)insurers to engage their interests in issuing cat bonds as it introduces more initiatives to...

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The post HK Insurance Authority courts Chinese insurers, municipalities to grow cat bond hub appeared first on InsuranceAsia News.

PICC injects US$280m into PICC Reinsurance

Andrew Tjaardstra — Mon, 16 Oct 2023 04:01:37 +0000

PICC P&C and PICC Group have entered into an agreement with PICC Reinsurance to make a capital increase into the reinsurer of almost Rmb2 billion (US$280 million), according to an October 13 Hong ...