The Hong Kong Insurance Authority issued a statement welcoming policy initiatives in Hong Kong’s 2025-26 Budget, including a further three-year extension of the Pilot Insurance-linked Securities Grant Scheme and measures supporting insurer re-domiciliation to Hong Kong. The IA noted that since the grant scheme was launched in 2021, six catastrophe bonds have been issued in Hong Kong, supporting alternative risk transfer solutions and the development of an insurance-linked securities ecosystem. It also said it is working with insurers incorporated overseas but with a prominent local presence to facilitate their early return to Hong Kong through the company re-domiciliation mechanism.
Hong Kong Insurance Authority 2025-02-26
Hong Kong Insurance Authority welcomes 2025-26 Budget and highlights three-year extension of the Pilot Insurance-linked Securities Grant Scheme
The Hong Kong Insurance Authority welcomed the 2025-26 Budget's policy initiatives, including a three-year extension of the Pilot Insurance-linked Securities Grant Scheme and measures for insurer re-domiciliation to Hong Kong. Since 2021, six catastrophe bonds have been issued under the scheme, enhancing alternative risk transfer solutions. The IA is working with overseas-incorporated insurers to expedite their re-domiciliation to Hong Kong.