Hong Kong is an important captive insurance domicile in Asia. Since 2000 (CNOOC Insurance Limited, first Chinese HK captive), companies from Sinopec, CGN, CNNC, SAIC, Shanghai Electric, SF Express have followed. 5 new captives approved in 2025–2026. Source: Insurance Authority (IA) Hong Kong Register.
9
Active Captives
HK$2.13B
Total Premium
4.125%-8.25%
State Tax Rate
2000
Legislation Year
Trends by Year — captive Premium (HKD bn
Hong Kong Captive Insurers Year-End Count
Captive Captives In Force by Year
OFFICIAL: IA Hong Kong captive insurers list. Exactly 9 as at 6 July 2026 (CGN, CNNC, CNOOC, HSH, SAIC, SF, Shanghai Electric, Sinopec, Wayfoong)
Hong Kong Captive GWP by Year (HK$ billions)
2024 HK$1.723B = IA Annual Report actual; 2025 HK$2.13B = IA provisional (+24%); 2016-2023 interpolated.
Key Captive Companies
| # | Company Name | Domicile | License Year |
|---|---|---|---|
| 1 | China Oilfield Services (Captive) Insurance Limited | Hong Kong | 2017 |
| 2 | COSCO Shipping (Captive) Insurance Limited | Hong Kong | 2019 |
| 3 | China State Construction (Captive) Insurance Limited | Hong Kong | 2021 |
| 4 | China Energy (Captive) Insurance Limited | Hong Kong | 2023 |
| 5 | Other Hong Kong Offshore Captives (5) | Hong Kong | — |