A.M. BEST SPECIAL REPORT: HONG KONG LIFE INSURANCE INDUSTRY MOVING TOWARD RISK-BASED CAPITAL REGIME

HONG KONG, June 15 (Bernama-BUSINESS WIRE) -- In 2014, The Insurance Authority (IA) of Hong Kong issued a consultation paper, titled, “Risk-Based Capital Framework for the Insurance Industry of Hong Kong” (RBC consultation paper), which introduced broad principles and key approaches in developing a risk-based capital (RBC) framework.. This Best’s Special Report, titled, “Hong Kong Life Insurance Industry Moving Toward Risk-Based Capital Regime,” aims to present A.M. Best’s research on several key areas proposed under quantitative requirements in two other jurisdictions and comments on the observation on issues that could impact the Hong Kong life insurance industry.

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