The Hong Kong Insurance Authority (IA) led a delegation from the Hong Kong insurance industry to Beijing and met senior officials of the National Financial Regulatory Administration (NFRA), including Party Secretary and Minister Li Yunze, to discuss developments in the Mainland and Hong Kong insurance markets and bilateral regulatory cooperation. The delegation was led by IA Chairman Stephen Yiu and Chief Executive Officer Clement Cheung, together with stakeholders from the Hong Kong Federation of Insurers and insurance intermediary associations. Discussions covered how Hong Kong could leverage its role as a global risk management centre and ways to strengthen regulatory collaboration between the two jurisdictions.