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Private Wealth Daily
NewsInsuranceCat bonds & reinsurance

PICC issues Hong Kong ILS sidecar for offshore wind reinsurance, AM Best reports

The AM Best News item is dated Oct. 14, 2026; the available text gives no size, trigger, term or investor details.

By the Cat bonds & reinsurance desk

PICC Property & Casualty Insurance Co. Ltd. has issued an insurance-linked securities sidecar in Hong Kong to provide reinsurance for its offshore wind power insurance business, according to AM Best News.

The AM Best News item is dated Oct. 14, 2026, and the available text does not give the sidecar's size, trigger, term or investor base. The same item carries subject tags for catastrophe bonds, reinsurance and capital markets, but the gated body of the report is not included in what is available.

Reported by the Cat bonds & reinsurance desk from AM Best News. Published . Corrections

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