PICC launches Hong Kong’s first sidecar ILS - Business Insurance

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PICC launches Hong Kong’s first sidecar ILS - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers PICC launches Hong Kong’s first sidecar ILS Oct 15, 2026 China-based PICC Property and Casualty Company Ltd. has issued the first sidecar insurance-linked securities in Hong Kong, securing $12 million in quota-share reinsurance protection for offshore windfarm risks in mainland China, Reinsurance News reported. Previously, Hong Kong’s ILS market consisted solely of catastrophe bonds. The deal also marks the first sidecar ILS issuance by a mainland Chinese insurance institution. Read more Related News Appeals court revives wage claims over unpaid wait at grocery chain October 15, 2026 Specialty insurers weigh AI liability risks, resist exclusions October 15, 2026 Aon names Rafferty chief integration officer, Carleton Chicago leader October 15, 2026 Allianz must face cooler coverage suit over finger injuries October 15, 2026 Connecticut expands workers comp benefits for assault victims October 15, 2026 Chubb names claims leaders October 15, 2026 Marsh targets more cost cuts; reports revenue increase October 15, 2026 Tomorrow’s talent is taped to a light pole October 15, 2026 Shinhan buys $500M stake in Lotte Non-Life October 15, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

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