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International

Hong Kong mulls pilot program for insurance linked securities

February 25, 2021 Reprints

The Hong Kong government has proposed launching a two-year pilot insurance linked securities grant scheme to promote the development of the industry, Asia Insurance Review reported. Financial Secretary Paul Chan said that the grant amount for each issuance will be restricted at $12 million Hong Kong ($1.6 million), conditional upon the maturity of the securities.

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Hong Kong mulls pilot program for insurance linked securities

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