Risk management experts examine the strategic role of captive in supporting enterprises to seize Belt and Road opportunities

10 September 2025

The Insurance Authority (IA) today (10 September 2025) hosted a thematic breakout session at the Belt and Road Summit¹, highlighting captives as a specialised risk management tool for Belt and Road projects, as well as Hong Kong’s unique value propositions and ongoing efforts in establishing itself as a captive domicile to serve Belt and Road participants.

“The extensive scale of the Belt and Road Initiative entails a wide range of complex and diverse risks, requiring participants to adopt innovative and comprehensive risk management strategies where captives can be a valuable option,” Mr Clement Lau, Executive Director, Policy and Legislation of the IA and the moderator of the panel discussion, said. “By fostering a vibrant captive ecosystem in Hong Kong, we stand ready to support Belt and Road participants in venturing abroad and exploring new markets.”

In this session, CEOs of two Hong Kong-domiciled captive insurers, established respectively by a Mainland enterprise and a multinational conglomerate, shared their journeys of setting up captives in Hong Kong and how these have helped their parent companies effectively navigate complex risk landscape and address emerging risks. Additionally, experienced professional service providers highlighted the assistance they offer to facilitate the establishment and management of captives.

The panel discussion further shed light on why and how Hong Kong would become a leading hub for captives, the IA’s facilitative measures to foster captive development, and what the future holds for the Hong Kong captive market.

Ends

The Insurance Authority (IA) hosted a thematic breakout session on the use of captives as a specialised risk management tool in Belt and Road projects.

Note:

¹The Belt and Road Summit is a premier international platform for promoting business collaboration along the Belt and Road. The Summit gathers senior government officials and business leaders from countries and regions along and beyond the Belt and Road to exchange insights on multilateral co-operation and explore concrete business opportunities.