The Hong Kong Insurance Authority has authorized two new captive insurers, HSH Captive Limited and SF Captive Limited. HSH Captive Limited was set up by The Hongkong and Shanghai Hotels, Limited, while SF Captive Limited was set up by S.F. Holding Co., Ltd. Their addition brings the number of captive insurers domiciled in Hong Kong to nine. In remarks accompanying the announcement, Chief Executive Officer Clement Cheung said the two authorizations reflect the authority's strategy of developing Hong Kong as a risk management centre by targeting local multinational corporations as well as state-owned and privately owned enterprises in the Chinese Mainland. He also said the extra business and different operating models introduced by the new entrants should help develop Hong Kong's captive insurance ecosystem.
Hong Kong Insurance Authority2026-07-08
Hong Kong Insurance Authority authorizes two new captive insurers bringing Hong Kong total to nine
The Hong Kong Insurance Authority has authorized HSH Captive Limited and SF Captive Limited, increasing the number of captive insurers domiciled in Hong Kong to nine. The authority's chief executive linked the move to Hong Kong's strategy of attracting local multinationals and Chinese Mainland enterprises to build its risk management and captive insurance market.