Hong Kong Insurance Authority: Reviewing the risk-based capital regime, including introducing capital incentives for investing in qualified infrastructure.

According to a report from the Zhifeng Financial APP, the Hong Kong Insurance Authority proposed a series of new regulations to guide insurance capital towards infrastructure and other assets, redirecting funds to areas prioritized by the government. In response, a spokesperson for the Hong Kong Insurance Authority stated that this year, a review of the risk-based capital system will be launched, aimed at enhancing the competitiveness of the system to support the long-term development of the insurance industry and the overall economy. The review will include plans to introduce capital incentives for eligible infrastructure investments to assist insurance companies in strengthening asset-liability management and to provide targeted support for local infrastructure development.