Trending News: Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices – AM BestSinkhole At Bunga Raya Complex Suspected To Be Caused By Sewage Pipe LeakZoran Vasiljev Joins Xsolla To Drive Global ExpansionExtension Of Remand For 24 Individuals Including GISBH Senior LeadersAAX Issues Circular On Proposed RM6.8 Bln Acquisition For Shareholders’ ReviewLithuanian Ernest Zacharevic To Brush Up Fading George Town Street ArtGradiant Launches Comprehensive Electrolyser-Ready Water Solution For Green Hydrogen ProductionAccumulated Fixed Asset Investment Up 3.0 Pct To Rm5.60 Trn In 2023 — DosmLRN Launches New Third-party Supplier Training SolutionOver 400 Employers Appeal For RTK 2.0 ExtensionCivil Servant charged Will Submitting False DocumentsNACSA Gears Up For More Frequent Cyber Threats Next YearResults Of 2024 Malaysia Para Games (Sept 25)Best’s Special Report: Hong Kong’s New Risk-Based Capital Regulatory Framework To Enhance Companies’ Enterprise Risk Management Practices‘Wakil Rakyat’ Alignment Key To Development, Uplifting People’s WelfareCustoms Revenue Collection Reaches RM41.68 Bln As Of AugustSyed Hussien Determined To Assist, Develop The Only Orang Asli Village In MahkotaDOH in Ilocos calls for vigilance vs. MpoxTen Reports Against GISBH Over Unpaid Wages, Says IGPIfugao villages bag tourism award thru culture of unityHouse approves PHP6.352-T budget for 2025 on final readingMan Killed In Shootout With Cops After Ramming Into Police VehicleMagnitude 4.6 quake jolts Occidental MindoroCebu, Singapore enter deal to scout for infra investments abroadBrownson Lives Up To Gustin Legacy With Powerlifting Bronze On Para SUKMA DebutLaoag features culture, local industries for Tourism MonthSuspended Cebu City mayor faces 3 counts of nepotismPara Swimmer Jia Tak Shows He’s Made Of Sterner Stuff With A Silver FinishFisherfolk buck housing project for ex-rebels in Negros OrientalCDO lab boosts renewable energy prospects in MindanaoBukit Aman Probing Melbourne Video Of Jalur Gemilang Being LoweredDICT cites strong potential of Western Visayas in digital ecosystemDA’s KaLIKHAsan features artworks of officials, staff for 1st timeCCC: Students play vital role in PH climate actionNorMin police probe firearm license issued to POGO-linked suspectLaguna utility firm enhances water quality via UV technologyFish Supply Guaranteed During monsoon Season, Traders Warned Against Price HikeGov’t caravan to provide over P824-M aid, services to 100K CaviteñosNajib Denies Directing SRC Through Nik Faisal, Court HeardIlocos Norte LGU gets DOE’s 5-star rating in energy auditPara SUKMA: Elvsius’ Strong Arm Strikes Again, Completes Golden Hat-trickNew bike lanes to address vehicular congestion in Bacoor – DOTrParatus Sciences, NHCS Join Forces To Accelerate Heart Failure CareHouse terminates plenary debates on OVP budget for 2025Vietnam’s rubber exports reach 1.7 billion USD in eight monthsLetran beats EAC, gains share of 2nd placePaddler Sabariah Dedicates Silver Medal To Hubby For Fourth Wedding AnniversaryShakey’s Super League kicks off Sept. 27Para SUKMA: Sarawak On Right Track To Achieve Gold Medal TargetVietnam shares experiences at int’l conference on countering violent extremism86 SK Chepor Pupils Down With Food PoisoningVietnamese leader To Lam receives US Senator Chris CoonsRinggit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USDVietnam’s Party, State leader receives US businesses’ representativesFBM KLCI Rebounds On Late Buying To End Higher As Broader Market FallsWorkshop suggests ways for enhancing Indochinese countries’ ties amid new global contextNajib Testifies He Had No Control Over SRC International FundsVietnamese, Lao Party commissions enhance cooperationOwners Can Be Fined For Keeping Banned Dog Breeds – MBPPSeries of garment, textile exhibitions open in HCM CityFattah Still Loves Fazura, Not Ready For DivorceBinh Duong hosts electric energy, automation exhibitionsPensonic Embraces Digital Transformation With New Management And Strategic InitiativesSingaporean students help improve facilities of school in Ben TreLenggong Has Potential To Be Developed As Extreme Sports Tourism Destination – SaaraniVietnam, US share experiences in urban developmentKDN To Provide Services At Sarawak Zone Madani Rakyat ProgrammeParty General Secretary, President meets President of the 79th United Nations GeneralGold Futures Rise For 5th Straight DayPrime Minister attends Ho Chi Minh City Economic ForumVietnam, Cuba seek to beef up parliamentary cooperationADB remains upbeat about Vietnam’s economic prospectPM chairs policy dialogue with enterprisesPrime Minister inaugurates Center for Fourth Industrial Revolution in Ho Chi Minh CityHCM City, Germany’s Leipzig share experience in sustainable urban planningKon Tum and Lao provinces strengthen cooperationTwo Children Feared Drowned In Keningau FloodsKedah To Channel Aid Of RM1,000 To Each Flood-affected Household HeadPM Anwar Applauds MAHA 2024’s Success – FahmiZulkifli Lauds PGSM’s Efforts In Assisting GISBH VictimsGISBH: MCMC To Remove Content From Social Media If There’s Police Instruction – FahmiBUSINESSNEXT wins Comparably 2024 Best Perks and Benefits AwardSitiawan House Fire Investigated As Murder – PoliceCIMB Securities Expects MCMC To Announce Second 5G Network Winner Next WeekMCMC And KPT To Address Internet Access Issues At Campuses Promptly – FahmiLYB Obtains Renewable Electricity Capacity To Reach 2030 GoalLorry Driver In Influencer Esha’s Cyberbullying Case Gets 12 Months PrisonQuantexa Named Leader For Worldwide Decision Intelligence Platforms By IDC MarketScapeRHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil PricesRHB IB Estimates RM90 Bln Development Expenditure For Construction Sector In Budget 2025ADB Raises 2024 Economic Growth Forecast For Developing Asia, The PacificAirAsia Drone-GIT Academy Partnership to Equip Tourist Guides with Drone Piloting SkillsBatu Pahat-Mersing Intersection Expansion Project Set For November CompletionMalaysia’s Strong Financial Asset Growth In 2023 Driven By Insurance, Pensions Sector – AllianzKeyfield International Unit Bags RM130.03 Mln Contracts From Petronas CarigaliJohor Awaits Approval For RM900 Million Flood Mitigation ProjectsGurney Bay Project Contractor Acts Quickly To Fix SinkholeRinggit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook – BNMFahmi Confirms Termination Of JKOM Director-general’s ServiceImmigration Dept Busts Disabled Begging Syndicate, Four Chinese Nationals Nabbed
Thu. Sep 26th, 2024
Trending News: Hong Kong’s New Regulatory Framework To Improve Enterprise Risk Management Practices – AM BestSinkhole At Bunga Raya Complex Suspected To Be Caused By Sewage Pipe LeakZoran Vasiljev Joins Xsolla To Drive Global ExpansionExtension Of Remand For 24 Individuals Including GISBH Senior LeadersAAX Issues Circular On Proposed RM6.8 Bln Acquisition For Shareholders’ ReviewLithuanian Ernest Zacharevic To Brush Up Fading George Town Street ArtGradiant Launches Comprehensive Electrolyser-Ready Water Solution For Green Hydrogen ProductionAccumulated Fixed Asset Investment Up 3.0 Pct To Rm5.60 Trn In 2023 — DosmLRN Launches New Third-party Supplier Training SolutionOver 400 Employers Appeal For RTK 2.0 ExtensionCivil Servant charged Will Submitting False DocumentsNACSA Gears Up For More Frequent Cyber Threats Next YearResults Of 2024 Malaysia Para Games (Sept 25)Best’s Special Report: Hong Kong’s New Risk-Based Capital Regulatory Framework To Enhance Companies’ Enterprise Risk Management Practices‘Wakil Rakyat’ Alignment Key To Development, Uplifting People’s WelfareCustoms Revenue Collection Reaches RM41.68 Bln As Of AugustSyed Hussien Determined To Assist, Develop The Only Orang Asli Village In MahkotaDOH in Ilocos calls for vigilance vs. MpoxTen Reports Against GISBH Over Unpaid Wages, Says IGPIfugao villages bag tourism award thru culture of unityHouse approves PHP6.352-T budget for 2025 on final readingMan Killed In Shootout With Cops After Ramming Into Police VehicleMagnitude 4.6 quake jolts Occidental MindoroCebu, Singapore enter deal to scout for infra investments abroadBrownson Lives Up To Gustin Legacy With Powerlifting Bronze On Para SUKMA DebutLaoag features culture, local industries for Tourism MonthSuspended Cebu City mayor faces 3 counts of nepotismPara Swimmer Jia Tak Shows He’s Made Of Sterner Stuff With A Silver FinishFisherfolk buck housing project for ex-rebels in Negros OrientalCDO lab boosts renewable energy prospects in MindanaoBukit Aman Probing Melbourne Video Of Jalur Gemilang Being LoweredDICT cites strong potential of Western Visayas in digital ecosystemDA’s KaLIKHAsan features artworks of officials, staff for 1st timeCCC: Students play vital role in PH climate actionNorMin police probe firearm license issued to POGO-linked suspectLaguna utility firm enhances water quality via UV technologyFish Supply Guaranteed During monsoon Season, Traders Warned Against Price HikeGov’t caravan to provide over P824-M aid, services to 100K CaviteñosNajib Denies Directing SRC Through Nik Faisal, Court HeardIlocos Norte LGU gets DOE’s 5-star rating in energy auditPara SUKMA: Elvsius’ Strong Arm Strikes Again, Completes Golden Hat-trickNew bike lanes to address vehicular congestion in Bacoor – DOTrParatus Sciences, NHCS Join Forces To Accelerate Heart Failure CareHouse terminates plenary debates on OVP budget for 2025Vietnam’s rubber exports reach 1.7 billion USD in eight monthsLetran beats EAC, gains share of 2nd placePaddler Sabariah Dedicates Silver Medal To Hubby For Fourth Wedding AnniversaryShakey’s Super League kicks off Sept. 27Para SUKMA: Sarawak On Right Track To Achieve Gold Medal TargetVietnam shares experiences at int’l conference on countering violent extremism86 SK Chepor Pupils Down With Food PoisoningVietnamese leader To Lam receives US Senator Chris CoonsRinggit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USDVietnam’s Party, State leader receives US businesses’ representativesFBM KLCI Rebounds On Late Buying To End Higher As Broader Market FallsWorkshop suggests ways for enhancing Indochinese countries’ ties amid new global contextNajib Testifies He Had No Control Over SRC International FundsVietnamese, Lao Party commissions enhance cooperationOwners Can Be Fined For Keeping Banned Dog Breeds – MBPPSeries of garment, textile exhibitions open in HCM CityFattah Still Loves Fazura, Not Ready For DivorceBinh Duong hosts electric energy, automation exhibitionsPensonic Embraces Digital Transformation With New Management And Strategic InitiativesSingaporean students help improve facilities of school in Ben TreLenggong Has Potential To Be Developed As Extreme Sports Tourism Destination – SaaraniVietnam, US share experiences in urban developmentKDN To Provide Services At Sarawak Zone Madani Rakyat ProgrammeParty General Secretary, President meets President of the 79th United Nations GeneralGold Futures Rise For 5th Straight DayPrime Minister attends Ho Chi Minh City Economic ForumVietnam, Cuba seek to beef up parliamentary cooperationADB remains upbeat about Vietnam’s economic prospectPM chairs policy dialogue with enterprisesPrime Minister inaugurates Center for Fourth Industrial Revolution in Ho Chi Minh CityHCM City, Germany’s Leipzig share experience in sustainable urban planningKon Tum and Lao provinces strengthen cooperationTwo Children Feared Drowned In Keningau FloodsKedah To Channel Aid Of RM1,000 To Each Flood-affected Household HeadPM Anwar Applauds MAHA 2024’s Success – FahmiZulkifli Lauds PGSM’s Efforts In Assisting GISBH VictimsGISBH: MCMC To Remove Content From Social Media If There’s Police Instruction – FahmiBUSINESSNEXT wins Comparably 2024 Best Perks and Benefits AwardSitiawan House Fire Investigated As Murder – PoliceCIMB Securities Expects MCMC To Announce Second 5G Network Winner Next WeekMCMC And KPT To Address Internet Access Issues At Campuses Promptly – FahmiLYB Obtains Renewable Electricity Capacity To Reach 2030 GoalLorry Driver In Influencer Esha’s Cyberbullying Case Gets 12 Months PrisonQuantexa Named Leader For Worldwide Decision Intelligence Platforms By IDC MarketScapeRHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil PricesRHB IB Estimates RM90 Bln Development Expenditure For Construction Sector In Budget 2025ADB Raises 2024 Economic Growth Forecast For Developing Asia, The PacificAirAsia Drone-GIT Academy Partnership to Equip Tourist Guides with Drone Piloting SkillsBatu Pahat-Mersing Intersection Expansion Project Set For November CompletionMalaysia’s Strong Financial Asset Growth In 2023 Driven By Insurance, Pensions Sector – AllianzKeyfield International Unit Bags RM130.03 Mln Contracts From Petronas CarigaliJohor Awaits Approval For RM900 Million Flood Mitigation ProjectsGurney Bay Project Contractor Acts Quickly To Fix SinkholeRinggit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook – BNMFahmi Confirms Termination Of JKOM Director-general’s ServiceImmigration Dept Busts Disabled Begging Syndicate, Four Chinese Nationals Nabbed
Thu. Sep 26th, 2024

Best’s Special Report: Hong Kong’s New Risk-Based Capital Regulatory Framework To Enhance Companies’ Enterprise Risk Management Practices

HONG KONG, Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best report.

The Best’s Special Report includes details and analysis on the risk-based framework that was implemented on 1 July 2024, replacing the legacy Hong Kong insurance ordinance-based regime. The new regulatory framework comprises three individual pillars that address quantitative requirements, qualitative requirements and disclosure requirements.

Source: BERNAMA News Agency

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