Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

China encourages insurers to sell cat bonds in Hong Kong

September 28, 2021 Reprints

The China Banking and Insurance Regulatory Commission is now encouraging mainland property and casualty insurers and reinsurers to establish special-purpose entities in Hong Kong and sell catastrophe bonds there to raise funds, Asia Insurance Review reported. The move is expected to help diversify insurers’ losses caused by natural catastrophes such as earthquakes, floods and typhoons.

1. Tornado causes massive industrial destruction
2. Private equity firm to sell stake in Korean insurer for $1.4 billion
3. Pharmacy chain shuts stores due to cyber attack
4. Insured property losses from UAE floods could reach $850 million
5. Russian court blocks JPMorgan Chase funds in VTB proceedings
6. Heavy rains, massive floods cause dam to collapse

Help

China encourages insurers to sell cat bonds in Hong Kong

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources