HSBC Captives Brochure

Connecting you to your ambitions

Opening up a world of opportunity

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HSBC’s competitive advantage includes our strong credit rating, global network, globally consistent client service models and a dedicated Captive and Insurance banking team focused on servicing all aspects of the captive life cycle and insurance and reinsurance companies

HSBC’s competitive advantage includes our strong credit rating, global network, globally consistent client service models and a dedicated Captive and Insurance banking team focused on servicing all aspects of the captive life cycle and insurance and reinsurance companies.

We’re here to use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our customers.

We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

Relationship and Partnerships Are Key

With a dedicated and experienced team for captives and insurance clients, HSBC is well positioned to provide solutions locally and across the globe The Bermuda Captive and Insurance Relationship Managers are part of the wider team of insurance and banking group within HSBC. Strategically operating in key centers, the ability to provide global solutions is of paramount importance and key to HSBC to supporting this sector

include: clients insurance and captive for solutions service and products s ’Bermuda

HSBC liquidity and cash management, global markets, global custody, collateral fronting in the form of stand-by letters of credit and collateral trusts and asset management

Our Product Specialists

Global Payments Solutions

At HSBC, our professionals deliver tailored solutions to meet your local, regional and global cash management needs. We can carefully review existing banking arrangements and requirements to formulate a solution which meets your organisation’s needs and improves operating eﬃciencies. These solutions give captives and insurance clients greater control over cash and to help to manage your liquidity eﬃciently. You will be supported by our award winning digital platforms which enable you to make seamless payments between countries and currencies. Product solutions include, clearing and FX payments, receivables, disbursements, cards and liquidity and the ability to transact in 20 currencies to supports your global needs.

Global Trade Solutions

We provide simplicity to navigating our global network by the use of a single point of contact for both local and cross border solutions. With over 30 years of industry experience, we provide our captive and insurance banking clients with compliant letters of credit to support the credit for reinsurance obligations. We have developed standard wording for many of the fronting carriers and have the ﬂexibility to customize this depending on the domicile and cedent acceptability.

Our oﬀering includes multi-currency options and various forms of security that can be pledged to support your facilities. These options range from cash to asset management solutions and encompass ﬁxed income portfolios and competitive haircuts.

Trusts

HSBC has a long and successful track record, having provided trustee services for over 100 years. Our combination of specialist insurance and trust expertise, alongside a global banking network, gives you the holistic solutions you need to make Insurance Trusts an integral part of your operations.

Our Bermuda-based insurance banking team, with our trust team in the USA, has deep specialist knowledge of Insurance Trusts, and works closely with the industry on a day-to-day basis.

From captives to special purpose insurers and sidecars, to catastrophe bonds we understand your requirements and deliver the full range of support and expertise to minimize your administration.

Our agreed trust documentation allows us to set up trusts quickly. Additionally, we help you to optimize the use of your collateral through advanced liquidity/cash management tools

and bespoke investment strategies, balancing the objectives of capital protection and returns.

HSBC Asset Management

As one of the world’s largest insurance asset managers, we leverage deep research and investment resources to help you achieve superior risk-adjusted returns that meet your yield and diversiﬁcation requirements within regulatory and accounting constraints. With dedicated coverage and service reporting teams, an insurance segment unit and a range of insurance relevant investment products, HSBC is well positioned to service the investment requirements of Bermuda’s insurance market. We are focused on providing a truly consultative approach to our clients’ cash management requirements and we have developed a suite of global and local products to allow us to meet the needs of our client base.

Locally, HSBC Asset Management provides liquidity products in a range of currencies including USD (prime and US Treasury), CAD, EUR and GBP to suit diﬀerent requirements (including ESG). For clients with an investment horizon beyond a typical money market fund, HSBC Asset Management also provides clients with segregated mandates and fund solutions. These can be in the short or low duration space as well as other ﬁxed income (private/public credit), equity, multi-asset/sustainable solutions.

Markets and Securities Services

Markets & Securities Services enables our corporate and institutional clients to access ﬁnancial markets and liquidity, unlock investment opportunities, manage risk and transact seamlessly.

We do this by bringing together ﬁnancing solutions; sales, trading and distribution across multiple asset classes; research; clearing and settlement; global custody; and asset servicing.

We oﬀer sophisticated 24-hour coverage across our main trading & sales platforms in London, New York & Hong Kong. Our knowledge of local markets, coupled with HSBC’s global reach, enables us to provide a comprehensive & bespoke service across every major asset class for our Corporate & Institutional clients. Our clients get access to Equities, Fixed Income including Credit & Rates, Foreign Exchange, Commodities & Prime Services, in addition to Research, across both developed & emerging markets giving you the conﬁdence to go where the growth is and capture new opportunities.