15 Apr Hong Kong gearing up to become a hub for ILS such as catastrophe bonds, Insurance Authority says
Posted at 01:00h
in Asia
“Our first mission is not to talk about the hub,” he said. “The first mission is aiming at resolving this huge protection gap on natural catastrophes, which exists around the world [and], in particular, in this region and China.”Catastrophe bonds, or cat bonds, are a...