Insurance Authority Consultation Documents and Draft Rules
Summary
The Insurance Authority of Hong Kong has released multiple consultation papers and conclusions on draft rules concerning the insurance industry. These documents cover topics such as risk-based capital regimes, public disclosure, special purpose business, group-wide supervision, and new regulatory regimes for intermediaries. The consultations aim to gather feedback on proposed regulatory changes.
What changed
The Insurance Authority (IA) of Hong Kong has published a series of consultation documents and conclusions related to significant proposed changes in its regulatory framework for the insurance industry. These include draft rules on the Risk-based Capital Regime, Public Disclosure, Special Purpose Business, Group-wide Supervision, and new regimes for Insurance Intermediaries. The documents detail proposed amendments to valuation and capital rules, public disclosure requirements, frameworks for special purpose businesses and group supervision, and conduct and fit-and-proper criteria for intermediaries. The latest consultation paper on the Risk-based Capital Regime was issued on February 11, 2026.
These consultations represent a proactive effort by the IA to solicit industry feedback on substantial regulatory updates. Regulated entities, particularly insurers and intermediaries, should review these documents to understand the potential impact on their operations, capital requirements, and compliance obligations. While specific compliance deadlines are not provided within this overview, the consultation papers themselves will typically outline comment periods. Stakeholders are advised to monitor the IA's website for specific deadlines and to prepare to adapt their practices to comply with any finalized rules.
What to do next
- Review consultation papers on risk-based capital, public disclosure, special purpose business, group-wide supervision, and intermediary regimes.
- Identify potential impacts on current operations, capital, and compliance procedures.
- Prepare and submit feedback during designated consultation periods.
Source document (simplified)
Information Center > Consultation Documents
Consultation Documents
Consultation on the Risk-based Capital Regime for the Insurance Industry of Hong Kong
| 11 February 2026 | Consultation Paper on Draft Insurance (Valuation and Capital) (Amendment) Rules 2026 |
| 8 August 2025 | Consultation Conclusions on Draft Insurance (Public Disclosure) Rules |
| 14 March 2025 | Consultation Paper on Draft Insurance (Public Disclosure) Rules |
| 25 April 2024 | Consultation Conclusions on Draft Insurance (Exemption to Appointment of Actuary) Rules, Draft Insurance (Valuation and Capital) Rules, Draft Insurance (Submission of Statements, Reports and Information) Rules, Draft Insurance (Maintenance of Assets in Hong Kong) Rules, Draft Insurance (Marine Insurers and Captive Insurers) Rules and Draft Insurance (Lloyd’s) Rules |
| 11 January 2024 | Consultation Paper on Draft Insurance (Exemption to Appointment of Actuary) Rules, Draft Insurance (Maintenance of Assets in Hong Kong) Rules, Draft Insurance (Marine Insurers and Captive Insurers) Rules and Draft Insurance (Lloyd’s) Rules |
| 5 December 2023 | Consultation Paper on Draft Insurance (Valuation and Capital) Rules and Draft Insurance (Submission of Statements, Reports and Information) Rules |
Consultation on the Special Purpose Business for the Insurance Industry of Hong Kong
| 19 January 2021 | Consultation Conclusions on Draft Insurance (Special Purpose Business) Rules |
| 4 September 2020 | Consultation Paper on Draft Insurance (Special Purpose Business) Rules |
Consultation on the Group-wide Supervision Framework for
the Insurance Industry of Hong Kong
| 28 December 2020 | Consultation Conclusions on the Draft Insurance (Group Capital) Rules |
| 19 August 2020 | Consultation Paper on the Draft Insurance (Group Capital) Rules |
Consultation on New Regulatory Regime for Insurance Intermediaries
| 3 September 2019 | Consultation Conclusions on the Code of Conduct for Licensed Insurance Brokers |
| 3 September 2019 | Consultation Conclusions on the Code of Conduct for Licensed Insurance Agents |
| 31 July 2019 | Consultation Conclusions on the Draft Guidelines on the (1) Fit and Proper Criteria and (2) Continuing Professional Development for Licensed Insurance Intermediaries |
| 28 June 2019 | Consultation Conclusions on the Draft Guideline on Exercising Power to Impose Pecuniary Penalty in Respect of Regulated Persons Under the Insurance Ordinance (Cap. 41) |
| 29 April 2019 | Consultation Conclusions on the Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules |
| 29 April 2019 | Consultation Conclusions on the Draft Insurance (Maximum Number of Authorized Insurers) Rules |
| 28 March 2019 | Consultation Paper on the Draft Code of Conduct for Licensed Insurance Brokers |
| 28 March 2019 | Consultation Paper on the Draft Code of Conduct for Licensed Insurance Agents |
| 23 November 2018 | Consultation Paper on the Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules |
| 31 October 2018 | Consultation Paper on the Draft Insurance (Maximum Number of Authorized Insurers) Rules |
| 26 October 2018 | Consultation Paper on the Draft Guideline on Exercising Power to Impose Pecuniary Penalty in Respect of Regulated Persons Under the Insurance Ordinance (Cap. 41) |
| 28 September 2018 | Consultation Paper on the Draft Guidelines on the (1) Fit and Proper Criteria and (2) Continuing Professional Development for Licensed Insurance Intermediaries |
Past Consultation Documents Issued by the Office of the
Commissioner of Insurance
Risk-based Capital Framework for the Insurance Industry of Hong Kong
| 30 September 2015 | Consultation Conclusions on a Risk-based Capital Framework for the Insurance Industry of Hong Kong |
| 16 September 2014 | Consultation on a Risk-based Capital Framework for the Insurance Industry of Hong Kong
- Consultation Paper
- Frequently Asked Questions |
Other Relevant Consultation Documents
An Effective Resolution Regime for Financial Institutions in Hong Kong
| 6 April 2017 | Consultation Conclusion on Regulation on Protected Arrangements |
| 22 November 2016 | Consultation on Regulations on Protected Arrangements |
| 9 October 2015 | Consultation Response and Certain Further Issues |
| 21 January 2015 | Second Consultation Paper |
| 7 January 2014 | First Consultation Paper |
Establishment of a Policyholders' Protection Scheme
| 30 December 2022 | Consultation Paper |
| 30 January 2012 | Consultation Conclusions and Final Proposals |
| 25 March 2011 | Consultation Paper |
Some of the above materials are presented in PDF format. Please download Adobe Reader for viewing. Install the Asian Font Pack if necessary.
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