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Hong Kong targets insurance-linked securities co-operation with Shanghai

May 7, 2024

Hong Kong and the mainland China city and financial hub of Shanghai are looking to co-operate on a range of financial initiatives, with one of them being insurance-linked securities (ILS).

Representatives of the respective governments, financial regulators and exchanges met last week to discuss how to further enhance financial co-operation between Hong Kong and Shanghai.

Insurance and reinsurance market co-operation is one of the areas of focus, but so too is the area where reinsurance and capital markets collide.

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