Regulatory Disclosures

Public Disclosure Published Pursuant to the Risk-based Capital Regime in Hong Kong

In accordance with the requirements of the Insurance (Public Disclosure) Rules (Cap. 41W)(1) published in the Gazette by the HKSAR Government on 22 May 2026 which applies to Hong Kong authorised insurers, AIA Company Limited, AIA International Limited and AIA Everest Life Company Limited have published their audited financial statements and prescribed Risk-based Capital disclosure statements.  
 
All three companies have engaged PricewaterhouseCoopers to perform reasonable assurance engagements on their prescribed Risk-based Capital disclosure statements.
Notes:
(1)
The 2024 audited financial statements and prescribed Risk-based Capital disclosure statements were published in accordance with the requirements of the Circular on Public Disclosure Requirements for the First Financial Year Adopting Risk-based Capital Regime issued by the Hong Kong Insurance Authority dated 8 August 2025.
(2)
Hong Kong or HKSAR refers to the Hong Kong Special Administrative Region of the People’s Republic of China.

The Hong Kong Risk-based Capital (HKRBC) regime is a capital adequacy framework introduced by the Hong Kong Insurance Authority (HKIA), effective from 1 July 2024.
 
This framework applies a modular and risk-sensitive approach to determining capital adequacy of Hong Kong authorised insurers that reflects each authorised insurer’s risk profile and aligns to international standards.

HKRBC public disclosure aims to enhance market discipline and transparency by providing authorised insurers’ financial information to the general public, such as policy holders and market participants.

Authorised insurers are required to publish the following on their websites:
 
(1) Audited financial statements; and
 
(2) HKRBC disclosure statement. 

All authorised insurers are required to comply with HKRBC public disclosure requirements, except for certain insurers exempted by the HKIA.
 
In particular, AIA’s four Hong Kong insurance entities are required to comply: AIA Company Limited, AIA International Limited, AIA Everest Life Company Limited and Blue Cross (Asia-Pacific) Insurance Limited. For Blue Cross (Asia-Pacific) Insurance Limited, go to https://www.bluecross.com.hk/en/Home/Index. For the remaining three entities, please see below “Disclosure Material” section.

HKRBC public disclosures and AIA Group’s financial statements serve different purposes and are not directly comparable due to differences in scope, valuation methods, and reporting objectives. HKRBC disclosures are regulatory and apply only to authorised insurers in Hong Kong, including a Disclosure Statement focused on capital adequacy under the HKRBC framework and Financial Statements prepared under international accounting standards showing each company’s performance. In contrast, AIA Group’s financial statements cover all entities across the Group and present the overall business and financial performance under the same international accounting standards.

All of AIA Group's entities that have adopted the HKRBC regime have capital adequacy positions well above the regulatory minimum requirements.
 
AIA remains well-positioned to deliver sustainable value to shareholders and uphold long-term commitments to policyholders.