Captive Spotlight: HSH established Hong Kong captive to enhance risk financing ability 

• Entire formation process took around nine to 12 months 
• HSH chose PDBI as the captive’s first line of business 
• Hong Kong domicile reflects ‘long-term commitment’ 

The Hongkong and Shanghai Hotels (HSH) recently formed Hong Kong-domiciled captive HSH Captive Limited to improve the company’s risk management and capital efficiency, according to Kitty Wan, group general manager in audit and risk management at HSH. 

HSH Captive Limited was licensed on 15 June with WTW supporting the firm with structuring and continued captive management.