How HSBC Life is navigating RBC and the trade war

HSBC Life is well-placed to weather the introduction of new risk-based capital (RBC) rules in the coming two years, but the insurer may have to further diversify its portfolio into more alternative assets to weather the adverse effects of the ongoing US-China trade war, said Hong Kong chief investment officer William Chan. The proposed RBC regime, which has been dubbed HKRBC, is modelled initially on Europe's Solvency II regime. Most industry participants think the new Hong Kong r…