8 May 2026
The Insurance Authority (IA) today (8 May 2026) published the consultation conclusions on the proposed amendments to the Insurance (Valuation and Capital) Rules (Cap. 41R)1 in relation to the Risk-based Capital (RBC) regime, which aim to incentivise insurance companies to invest in infrastructure investment to support local economic development and enhance the competitiveness of Hong Kong as a global risk management hub, while maintaining appropriate prudential safeguards.
The draft amendment rules were published in February 2026 for public consultation, following a review of the RBC regime. Respondents generally supported the proposed amendments, with feedback primarily concerning the scope of eligible infrastructure investments and reduction factors. The IA has carefully considered the comments received and made refinements to the draft amendment rules where appropriate.
The final draft amendment rules will be introduced to the Legislative Council for negative vetting, with the aim of implementation on 31 December 2026. The IA would like to express sincere gratitude to all respondents for their active participation in the consultation.
Ends
Note:
1 Including a consequential amendment to the Insurance (Maintenance of Assets in Hong Kong) Rules (Cap. 41T)