Captive News

Global captive market updates, regulatory news and industry insights

HK Insurance Authority hosts the workshop on IFRS 17 for the Asian Forum of Insurance Regulators

The Insurance Authority (IA) hosted a workshop on International Financial Reporting Standard 17 Insurance Contracts (IFRS 17) for the Asian Forum of Insurance Regulators (AFIR) in Hong Kong on 12 December 2018.

2018-12-19

Author：Editorial Team
HK Insurance Authority organises the inaugural Asian Insurance Forum

The Insurance Authority (IA) of Hong Kong organised the inaugural Asian Insurance Forum (AIF) today (11 December 2018) with the theme of “Hong Kong as a Global Risk Management Centre and a Regional Insurance Hub”.

2018-12-19

Author：Editorial Team
Insurance Authority releases Hong Kong insurance business statistics for 2017

The Insurance Authority (IA) today (28 September 2018) released Hong Kong insurance business statistics for 2017 with reference to the audited returns and actuarial information submitted by insurers. The total gross premiums reached $489.2 billion in 2017, indicating a year-on-year increase of 8.3%.

2018-10-22

Author：Editorial Team
HK Insurance Authority welcomes initiatives announced in Policy Address to facilitate development of insurance industry

The Insurance Authority (IA) welcomes the initiatives to facilitate the development of the insurance industry announced in the Chief Executive’s 2018 Policy Address today (10 October 2018). The initiatives include introducing legislative amendments to allow for the formation of special purpose vehicles specifically for issuing insurance-linked securities (ILS), and tax reliefs to promote the development of marine insurance and the underwriting of specialty risks in Hong Kong.

2018-10-22

Author：Editorial Team
Auto safety index released in Liangjiang

As Chongqing's automotive industry undergoes intelligent transformation, Liangjiang New Area is doubling down on expanding its strategic consulting and industry standard markets.

2018-10-12

Author：Editorial Team
Shanghai medical insurance covers international hospital

Shanghai's medical insurance scheme extended its coverage to medical bills at a foreign-funded hospital on Wednesday as part of efforts to boost the city's healthcare service sector.

2018-10-12

Author：Editorial Team
Auto safety index released in Liangjiang

As Chongqing's automotive industry undergoes intelligent transformation, Liangjiang New Area is doubling down on expanding its strategic consulting and industry standard markets.

2018-10-06

Author：Editorial Team
China's insurance sector provides stable risk protection in first five months

China's insurance sector provided risk protection worth 3,115 trillion yuan (467 trillion U.S. dollars) for the whole of society in the first five months, the China Banking and Insurance Regulatory Commission has said.

2018-10-06

Author：Editorial Team
China to include more cancer drugs on medical insurance list

China will make more cancer drugs affordable, as a new round of negotiations between the country's state medical insurance administration and pharmaceutical companies to add such drugs to the medical insurance list is scheduled to finish by the end of September.

2018-10-06

Author：Editorial Team
China's online property insurance premiums up in H1

China's online property insurance premiums rose significantly in the first half of 2018, picking up pace from the January-March period, official data showed.

2018-10-06

Author：Editorial Team

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