The tensions behind Hong Kong's RBC compromise

Large and small firms take different views of best way forward

Hong Kong

"Compromise is the dissatisfaction of both parties," says the political maxim, in which case compromise is something the Office of the Commissioner of Insurance (OCI) in Hong Kong seems on a path to achieve.

A risk-based capital regime is a natural step forward for the territory's insurance industry, following the lead of Australia and Singapore. But with companies ranging so much in size from the multinational to the purely domestic, there is concern that a new regime now being proposed by the