8 August 2025
The Insurance Authority (IA) today (8 August 2025) published the consultation conclusions on the draft Insurance (Public Disclosure) Rules, which stipulate the detailed requirements under Pillar 3 of the Risk-based Capital Regime on information that insurers must disclose to the public, and how and when the information should be disclosed.
The draft Rules were published in March 2025 for public consultation. Respondents were generally supportive of the proposals, with comments mainly on the scope of application and the items to be disclosed. The IA has carefully considered the comments received and made amendments to the draft Rules where appropriate.
The draft Rules will be introduced to the Legislative Council for negative vetting, with the aim of bringing them into operation in 2026.
Ends