The Financial Services and the Treasury Bureau and the Insurance Authority of Hong Kong welcome PICC P&C's issuance of the first sidecar insurance-linked securities in Hong Kong.

The Financial Services and the Treasury Bureau and the Insurance Authority of Hong Kong have publicly welcomed PICC P&C's issuance of the first sidecar insurance-linked securities in Hong Kong. This project is an innovative implementation case in Hong Kong's insurance-linked securities market, and details such as the specific issuance scale, pricing, and risk coverage scope have not been disclosed yet.