HKIA meets with NFRA, eyes bolstering HK and mainland market

HKIA executives and the NFRA minister discussed opportunities within the Guangdong-Hong Kong-Macao Greater Bay Area.

The Hong Kong Insurance Authority (HKIA) has met with the National Financial Regulatory Administration (NFRA) to discuss recent developments and further improve the insurance market in Hong Kong and mainland China.

Stephen Yiu, Chairman of the HKIA, along with Clement Cheung, CEO of the HKIA, and other senior HKIA executives, held a meeting with Li Yunze, Minister of the National Financial Regulatory Administration (NFRA) and secretary of the NFRA CPC committee during his recent visit to Hong Kong.

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The discussions specifically covered various topics, including the strengthening of Hong Kong's global risk management centre position, opportunities within the Guangdong-Hong Kong-Macao Greater Bay Area, and catastrophe risk management.