The Hong Kong Insurance Authority has launched a public consultation on proposed amendments to the Insurance (Valuation and Capital) Rules following its review of the Risk-based Capital (RBC) Regime. The changes are positioned as updates to the RBC framework intended to support Hong Kong’s competitiveness as a global risk management hub and to incentivise infrastructure financing while maintaining prudential safeguards. The proposals include preferential capital treatment for eligible infrastructure investments, revisions to required capital amounts for general business, and technical adjustments relating to indexed universal life business, crypto assets and specified stablecoins. Comments are due by 10 March 2026, after which the Insurance Authority plans to consider feedback and publish consultation conclusions in due course.
Hong Kong Insurance Authority 2026-02-11
Hong Kong Insurance Authority consults on Risk-based Capital rule changes including infrastructure investment incentives and crypto asset treatment
The Hong Kong Insurance Authority has initiated a public consultation on proposed amendments to the Insurance (Valuation and Capital) Rules to enhance the Risk-based Capital Regime, bolstering Hong Kong's global competitiveness and infrastructure financing. Key proposals include preferential capital treatment for infrastructure investments, revised capital requirements for general business, and adjustments for indexed universal life business, crypto assets, and stablecoins, with comments due by 10 March 2026.