Hong Kong says captive insurance is a tool for Belt and Road projects

Lau also said the scale of the Belt and Road Initiative brings complex risks.

Hong Kong aims to build a strong captive ecosystem to support companies expanding into new markets, Clement Lau, Hong Kong Insurance Authority (HKIA) Executive Director for Policy and Legislation said.

The HKIA hosted a breakout session at the Belt and Road Summit on 10 September 2025, focusing on captives as a risk management tool for Belt and Road projects and promoting Hong Kong as a captive insurance hub.

Lau also said the scale of the Belt and Road Initiative brings complex risks that require innovative management solutions, with captives offering a valuable option. 

CEOs of two Hong Kong-domiciled captives, set up by a Mainland enterprise and a multinational conglomerate, shared how their captives helped manage risks and address emerging exposures. 

Professional service providers also discussed how they support captive establishment and operations.