Infrastructure investment incentives and crypto capital tweaks under Hong Kong’s proposed RBC changes are likely to have limited impact on rated insurers’ capital positions.
Despite a decline in the measurements of its capital, the insurer posted a 33.5% rise in net profit in 1H25, driven by higher investment income and growth in new business value.
The insurer posted JPY1 trillion (US$6.5bn) in core operating profit for FY ended 31 March 2025, but weaker unrealised gains on securities pulled its capital base down from last year's peak.
