Representatives from both cities look to strengthen financial market ties, with Belt and Road risk management, captive insurance, and ILS identified as key areas within insurance.
Building on a 2022 agreement, FSE Nova and Towngas Lifestyle pledge further investment for gas safety and property protection across Hong Kong and Mainland China.
Moody's says previous concerns about Fosun contagion risk are unlikely to rise significantly in next 18 months, while spotlighting reinsurer's strategic reduction of cat exposure.
