1.18万份保单涉火灾 香港保监局答南财：不影响保险业稳定

Core Viewpoint - The Hong Kong Insurance Authority emphasizes the importance of prudent regulation to ensure timely and full compensation in major incidents, with a new risk-based capital regulatory system set to be implemented in July 2024 [1][3]. Group 1: Regulatory Framework - The Hong Kong Insurance Authority has initiated a risk-based capital regulatory system since July last year, focusing on asset quantity, quality, and risk matching to enhance regulatory effectiveness [1]. - The new capital regulation framework will require insurance companies to hold capital that matches their risk levels, utilizing a "three-pillar" approach aimed at strengthening policyholder protection and aligning with international standards [1]. Group 2: Incident Response - Following the recent fire incident in Tai Po, the insurance industry has identified 1,800 property and accident insurance policies, along with 10,000 life insurance policies related to the affected area [1]. - Most insurance companies have waived the requirement for death certificates and documentation for home contents claims, with some compensation amounts reaching the limits of coverage [2]. - The industry is committed to a principle of "paying what is due, special handling for special cases, and rapid simplification of processing" in response to claims from the incident [2]. Group 3: Overall Impact - The overall regulatory framework indicates that individual incidents will not significantly impact any single company or the insurance industry as a whole [3].