Korea, Japan and Taiwan are entering a new era of risk-based solvency regulation. K-ICS, J-ICS and TW-ICS are reshaping how insurers manage capital, transfer risk and design their balance sheets.
Japan’s transition to J-ICS is changing how insurers assess capital, risk and reinsurance. The new solvency framework is likely to reshape balance-sheet strategy across the market.
Korea and Japan are moving toward more economic, risk-sensitive solvency regulation—but through different systems. GRL examines what K-ICS and Japan’s new solvency regime mean for capital strategy and reinsurance.
