Hong Kong Risk-Based Capital (“HKRBC”)

Deloitte insights

• Pillar 3, Process and Control Framework under HKRBC
  
• Derivatives Framework under HKRBC
  
• SAA Framework under HKRBC
  
• Hong Kong Risk Based Capital Guideline - Insurance market readiness survey
  
• Hong Kong Risk-Based Capital (“HKRBC”) Pulse Update - Participating Fund Management proposals (deloitte.com)
• What you need to know about the final Insurance Capital Standard consultation 2023 (deloitte.com)
• Passage of Risk-based Capital (RBC) regime for insurance industry

Events / Webcast Series

Best Practices for Pillar 3 Reporting and Asset Liability Management Under HKRBC

On Wednesday 4th December we held a market event for Hong Kong insurers at the Deloitte Digital Studio in Taikoo. We presented, along with our alliance partner Workiva, some of the key challenges facing insurers when implementing the new Hong Kong Risk-Based Capital (HKRBC) regime, including Pillar3 reporting and Asset Liability Management (ALM). Workiva also showed their solution and Deloitte accelerators to help insurers address these challenges. .

Deloitte x SAS Insurance Forum on Hong Kong Risk-Based Capital

Co-organized by Deloitte and SAS, the Insurance Forum on Hong Kong Risk-Based Capital was successfully held on 24 October2023 (Tuesday) at Deloitte Digital Studio. The Forum provided a unique opportunity for insurance companies to keep abreast of latest developments and insights of HKRBC.

Discussion on the impacts of the new Hong Kong Risk-Based Capital framework

On 19 April 2023, the Hong Kong SAR Government introduced to the Legislative Council the much-awaited Insurance (Amendment) Bill 2023, which provides the legal framework for the implementation of the new Hong Kong Risk Based Capital (RBC) regime for the insurance industry.