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A.M. Best Special Report: Hong Kong Non-Life Insurance Industry Moving Toward Risk-Based Capital Regime

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HONG KONG--(BUSINESS WIRE)--In 2014, The Insurance Authority (IA) of Hong Kong issued a consultation paper, titled, “Risk-Based Capital Framework for the Insurance Industry of Hong Kong” (RBC consultation paper), which introduced broad principles and key approaches in developing a risk-based capital (RBC) framework. This Best’s Special Report, titled, “Hong Kong Non-Life Insurance Industry Moving Toward Risk-Based Capital Regime,” aims to present A.M. Best’s view on several key areas to be addr

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