China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference in Hong Kong this week, Li Yunze, the Chairman of the National Financial Regulatory Administration (NFRA), explained China’s ambition to see more of its own insurance and reinsurance companies establishing international branch offices in Hong Kong.
He also highlighted ILS as a continued focus, asking re/insurers to look to the Special...
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Uncovering the strategic benefits of a unique approach to risk financing
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US primary insurer Allstate is back in the catastrophe bond market and seeking $350 million or more in multi-peril catastrophe reinsurance protection from the...