The changes see expanded mandates for Candy Goh and Henry Chua, alongside the appointment of Alvin Soh to a newly defined distribution and marketing role.
Move comes after Hong Kong introduced its streamlined re-domiciliation regime in June, giving overseas insurers a smoother route to shift their legal base onshore.
Strengthened internal controls and clearer progress on long-standing audit issues feature in the agency's more optimistic view, while investment income continues to support earnings.
