On 8 July 2026, the Insurance Authority granted authorizations to two new captive insurers, bringing the total in Hong Kong to nine, marking successful strategy execution.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
SPOTLIGHT ON
FAMILY OFFICES
On 8 July 2026, the Insurance Authority ("IA") has granted new authorizations to HSH Captive Limited, established by The Hongkong and Shanghai Hotels, Limited, a prominent local luxury hospitality brand, and SF Captive Limited, established by S.F. Holding Co., Ltd., a global logistics provider headquartered in Shenzhen. These additions bring the total count of captive insurers domiciled in Hong Kong to nine.
# Strategic Execution and Market Positioning
Mr Clement Cheung, Chief Executive Officer of the IA, stated that the arrival of these two captive insurers confirms the success of the strategy to develop Hong Kong as a leading risk management centre, targeting local multinational corporations alongside state-owned and privately-owned enterprises in the Chinese Mainland.
# Ecosystem Development and Operational Diversity
He further noted that the additional business and varied operating models introduced by these new market entrants are expected to significantly contribute to nurturing a mature captive ecosystem within Hong Kong.
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