News China15 Aug 2025

SAIC launches captive in Hong Kong as city's total rises to six

| 15 Aug 2025

Hong Kong's Insurance Authority (IA) has authorised the establishment of a captive insurer by Shanghai Automotive Industry Corporation (SAIC Motor), bringing the city's total number of captives to six. The new entity, SAIC Motor Insurance Limited, becomes the second captive approved this year.

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