HKRBC Disclosure Database

About

Welcome to HKRBC Disclosure Database, a free website that archives and presents regulatory disclosures published by Hong Kong insurance companies under the Hong Kong Risk-Based Capital (HKRBC) regime.

This website is created with a modest wish of promoting public disclosures to enhance Hong Kong insurance market transparency.

Currently, the database covers 39 insurers, mostly for the reporting period ending 31 December 2024. Data is collected from publicly available disclosures.

Key data collected from disclosures include:

• Balance Sheet Determined under the Insurance (Valuation and Capital) Rules (EBS)
• Insurance Liabilities
• Prescribed Capital Amount (PCA)
• Capital Base
• Solvency Ratio

Charts

Explore the data. The disclosures recorded are available as interactive charts. Filter and select the insurers you want to zoom in, hover for cross-highlighting across companies, click a section in the bar chart to sort, and toggle between dollar amounts and percentages.

Some insights you can find out in a few clicks:

• Which insurers hold the most equities in their participating business? Switch to Asset Composition, toggle to the par fund view, and click the equities segment to sort.
• How concentrated is a company's risk profile? PCA Composition breaks down each insurer's capital requirement into market, insurance, and operational risk — hover to see which module dominates.
• How do two insurers compare head-to-head? The Compare page places any two companies back-to-back across information — pick two and scroll.
• How much of investment losses can an insurer pass to policyholders? The Pass-through Ratio chart shows a range for each insurer.

Interactive charts currently available include:

• Solvency Ratio
• Pass-through Ratio
• Bubble Chart — solvency × leverage × insurance liabilities
• PCA Composition
• Asset Composition
• Liability Composition
• Long Term Insurance Liabilities
• Capital Base Composition
• Reinsurance Assets & Liabilities

See Compare for head-to-head comparison of two insurers.

Data

The Insurers page lists all registered companies collected in this website with links to their disclosure documents.

All data is sourced from public HKRBC disclosures published on insurers' official websites. The information on this website does not constitute any form of sales advice, investment advice, solicitation, or recommendation. You should not rely on any information on this website to make decisions regarding the purchase, sale, or holding of any financial product, insurance product, or related asset.
This website makes no representations or warranties as to the accuracy, completeness, or timeliness of the information provided, and shall not be liable for any loss or damage arising from the use of such information. Before making any investment or insurance decision, you must verify the information independently and consult a qualified professional advisor. If you notice any errors, please refer to the original disclosure document.