The Insurance Authority (IA) on Thursday announced it has launched a public consultation on proposed changes to the Insurance (Valuation and Capital) Rules (Cap. 41R), following a review of Hong Kong’s Risk-based Capital (RBC) Regime.
Key proposals include preferential capital treatment for eligible infrastructure investments, changes to required capital amounts for general business, and technical adjustments related to indexed universal life business, crypto assets, and specified stablecoins.
The deadline for submission of public comments on the proposal is on 10 March 2026.
“The proposed amendments aim to improve Hong Kong’s competitiveness as a global risk management hub and incentivise infrastructure financing that benefits the local economy, while maintaining appropriate prudential safeguards,” the IA said.
Hong Kong launched its RBC regime in July 2024, following nearly a decade of extensive consultations and development.
