On 17 September 2025, the Insurance Authority welcomed various initiatives announced in the 2025 Policy Address, including the setting up of a dedicated marine risk pool, exploration of healthcare and tour access in the Mainland, and review of risk-based capital regime.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On 17 September 2025, the Insurance Authority ("IA") acknowledged and supported the initiatives outlined in the Chief Executive's 2025 Policy Address.
The IA, charged with supervisory and development functions, seeks to bolster Hong Kong's competitive edge in the captive and reinsurance sectors.
The introduction of a marine risk pool presents new opportunities and strengthens resilience against potential crises.
The IA is also investigating methods to ease access to medical treatment and elderly care in the Mainland for locals, facilitate self-drive tours within the Greater Bay Area, and support the low-altitude economy.
Moreover, a comprehensive review of design parameters and risk calibration for the Risk-based Capital Regime has been commenced to attract offshore reinsurance ventures and encourage insurers to engage in infrastructure financing.
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