"Asian Insurance Forum 2026" held in Hong Kong, focusing on the growth direction of the insurance industry

China News Service, Hong Kong, November 14th The "Asia Insurance Forum 2026" hosted by the Hong Kong Insurance Regulatory Authority was held in Hong Kong on the 13th. With the theme of "Multi-Dimensional Layout, Resilience and Long-term Development", this forum attracted a total of 4,500 participants from financial regulatory agencies and the insurance industry to participate online and offline to discuss risk prevention and control, market opportunities and the future growth direction of the insurance industry.

Lin Lin, deputy director of the State Administration of Financial Supervision and Administration, said that the State Administration of Financial Supervision will continue to support Hong Kong in building an international risk management center, further promote the interconnection of insurance services in the Guangdong-Hong Kong-Macao Greater Bay Area, support more mainland institutions in issuing catastrophe bonds in the Hong Kong market and deepen international reinsurance cooperation. The insurance industry can make arrangements from aspects such as global climate change, geopolitical changes, technological changes, changes in world financial markets and the operation of international insurance cycles, and play a greater role in assisting global risk management.

Paul Chan, Financial Secretary of the Hong Kong SAR Government, delivered a speech explaining Hong Kong’s main policy measures to promote the development of the insurance industry, and to consolidate Hong Kong’s status as an international risk management center with the support of the country’s “15th Five-Year Plan”.

Yiu Jianhua, chairman of the Hong Kong Insurance Regulatory Authority, believes that the insurance industry must transform from "traditional claims settlement and recovery support" to "a promoter of risk prevention and adjustment." Knowledge and skills in asset liability management, climate resilience, digital infrastructure and underwriting discipline are critical to building a blueprint for resilience. (over)