PICC P&C issues US$12m sidecar in Hong Kong
By IAN Editorial Desk
15 October 2026·1 min read
Primary source: info.gov.hk
The issuance provides quota-share reinsurance protection for offshore windfarm property insurance business on the Chinese Mainland.
Hong Kong’s Financial Services and the Treasury Bureau reported the city’s first insurance-linked securities (ILS) sidecar issuance in a release dated 14 October 2026. PICC Property and Casualty Company Limited (PICC P&C) issued the US$12 million sidecar, according to the bureau.
The issuance provides quota-share reinsurance protection for offshore windfarm property insurance business on the Chinese Mainland, the bureau said.…
Free registration
Register free to read the full article
Registration is free and takes a moment. It opens every article and the complete archive, the Economic Dashboard, the events calendar and the company directories.
