The Hong Kong Federation of Insurers (HKFI) welcomes the measures announced by the Financial Secretary in his Budget Speech today (25 February 2026).

We note that a number of the policy initiatives are in line with our advocacy, including attracting enterprises to re-domicile to Hong Kong; developing the non-traditional risk management business and extending the Pilot Insurance‑linked Securities Grant Scheme; stepping up its promotion efforts to attract captive insurance companies to in Hong Kong; promoting the development of international maritime centre and high value-added maritime services; introducing relevant regulation to improve the price transparency of private healthcare services; and encouraging the development of green finance.

We are particularly pleased to note that our proposal to extend the “Enhancing Insurance Industry Talent Training Scheme” has been accepted. The Scheme, now extended until 2029, will play a vital role in nurturing talent and fostering the sustainable development of the insurance sector.

Looking ahead, HKFI will continue to represent the voice of the industry and work closely with the Government to implement various initiatives, fostering the long-term development of the insurance sector in Hong Kong. At the same time, the HKFI will actively align with national strategies to further strengthen Hong Kong’s position as an international financial, maritime and risk management centre.