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News Search: Hong Kong Insurance Authority·· 6 days agoAI Score25

Hong Kong Launches First 'Sidecar' Insurance-Linked Security, Involving HK$94 Million

Forging Ahead / Accelerating Financial Innovation to Strengthen the Risk Management Center; 'Sidecar' Insurance-Linked Security Launched in Hong Kong, Involving HK$94 Million - Takungpao

AI Summary

The Hong Kong market has launched its first 'sidecar' insurance-linked security, involving HK$94 million. The launch is part of Hong Kong's efforts to accelerate financial innovation and strengthen its position as a risk management center.

Source:News Search: Hong Kong Insurance Authority · news.google.com

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