Risk-sensitive capital requirements likely to prompt insurers to diversify portfolios, adopt advanced reinsurance strategies, and rethink growth plans.
Former company chair Ronald Ong said shareholders have “persistently, strongly and increasingly requested a viable liquidity option” since Income’s corporatisation.
Robust motor, accident, and health premiums lifted China’s non-life sector in Q1 2025, while life insurers faced slower growth and rising exposure to market volatility, says Fitch.
Under the interim measures, life insurers can use a six-month average exchange rate to calculate equity and risk capital for specific financial assets.