Market Views: Comparing new insurance regimes in China, HK and Taiwan

Insurers in China, Hong Kong and Taiwan are reviewing their asset allocations and thinking about how they should optimise their portfolios as they brace for new solvency rules in their home regions. The China Banking and Insurance Regulatory Commission (CBIRC) is expected to launch the second phase of China Risk-Oriented Solvency System (C-Ross II) in 2021 to create a more comprehensive regulatory capital regime and to improve the transparency of the risks embedded within insurers…