Insurance Authority publishes consultation conclusions on amendments to risk-based capital regime
保險業監管局發表完善風險為本資本制度的諮詢總結
The Insurance Authority has published consultation conclusions on proposed amendments to the risk-based capital regime under the Insurance (Valuation and Capital) Rules (Cap. 41R). Respondents were broadly supportive of the amendments, with comments mainly concerning the scope of eligible infrastructure investments and deduction factors. The finalised amendments will be submitted to the Legislative Council for negative vetting, with a target effective date of 31 December 2026, and will include consequential amendments to Cap. 41T.
The consultation conclusions state that the finalised rules must be subject to the Legislative Council's negative vetting procedure, with a target effective date of 31 December 2026, allowing the industry to estimate the transition period accordingly.
Source: 保監局·新聞稿 · ia.org.hk