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Fitch: New Supervisory Framework to Enhance HK Insurance Groups’ Risk Management

By Fitch Ratings 2020-09-15T06:35:00

The proposed new group-wide supervisory (GWS) framework in Hong Kong will strengthen the ability of the regulator to oversee Hong Kong-based internationally active insurance groups (IAIGs), which will push insurance groups to strengthen the sophistication of their risk management and improve the management of their group-wide capital adequacy, Fitch Ratings ...

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