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Thursday, September 17, 2026
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SAIC Motor Insurance
SAIC captive projects underwriting losses in start-up phase, targets profit within five years — AM Best
June 15 2026
AM Best assigned the single-parent captive an A- Financial Strength Rating and "a-" Long-Term Issuer Credit Rating, citing a balance sheet strength assessed as "very strong".
Lockton, SAIC Motor Insurance partner to support global expansion of Chinese auto brands
February 6 2026
The deal comes as China’s automotive industry accelerates transformation toward electrification, intelligence, and connectivity.
Hong Kong continues captive insurer momentum with approval of SAIC Motor Insurance
August 11 2025
SAIC Motor Insurance is the second captive insurer approved in 2025 and the sixth overall for Hong Kong.
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