The FSC has developed a new-generation insurance solvency regime, which is built on the concepts and principals of the Insurance Capital Standard (ICS) 2.0 issued by the International Association of Insurance Supervisors (IAIS). To smoothly promote the new regime, the FSC has adjusted the RBC measurement scheme and is taking a gradual approach toward aligning with international practices. Among other adjustments: (1) the measurement method for calculating capital charge for interest rate risk has been revised; and (2) “engineering insurance” and “marine cargo insurance” that cover natural disasters such as earthquakes and typhoons are now included within the scope of assessment for capital charge for natural disaster risk.