Hong Kong Regulations

INSURANCE COMPANIES (MARGIN OF SOLVENCY) REGULATION - SECT 10

Prescribed levels of solvency margin

(1) For the purposes of section 35AA(1) of the Ordinance, the prescribed
amount shall be the required margin of solvency or $2000000, whichever is the
greater.

(2) For the purposes of section 35AA(2) of the Ordinance, the prescribed
amount shall be the aggregate of the following amounts-

   (a)  the required margin of solvency as determined by section 9; and

   (b)  $2000000 or one-third of the required margin of solvency as determined
        by sections 4 to 8, whichever is the greater. (Enacted 1995)