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⏭... PCR should be set at a confidence level calculated using 99.5% value-at-risk (“VaR”) over a one-year period. 3 8. There is general agreement with the total balance sheet approach for the measurement of risks, as well as the establishment of the two explicit solvency control levels. 9. In respect of...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_conclusions.pdf -
Date: 2019-09-03
... Pillar 2 Legislative preparation Long run-in period Promote Insurtech 15 Insurtech – The trend Technology advancement: Connected device , data analytics , artificial intelligence… Customer Demand: Simple and affordable products, personalized and tailored insurance solution, simple and easy to become...
https://www.ia.org.hk/english/infocenter/files/Pan_Asian_Regulatory_Insurance_Summit.pdf -
Date: 2021-12-09
... Pillar 2 Legislative preparation Long run-in period Promote Insurtech 15 Insurtech – The trend Technology advancement: Connected device , data analytics , artificial intelligence… Customer Demand: Simple and affordable products, personalized and tailored insurance solution, simple and easy to become...
https://www.ia.org.hk/english/infocenter/files/Pan_Asian_Regulatory_Insurance_Summit.pdf -
Date: 2021-09-08
... Pillar 2 Legislative preparation Long run-in period Promote Insurtech 15 Insurtech – The trend Technology advancement: Connected device , data analytics , artificial intelligence… Customer Demand: Simple and affordable products, personalized and tailored insurance solution, simple and easy to become...
https://www.ia.org.hk/english/infocenter/files/Pan_Asian_Regulatory_Insurance_Summit.pdf -
Date: 2020-06-12
... Proposed New Rules, Codes and Guidelines We are developing a new set of rules, codes and guidelines for the supervision of licensed insurance intermediaries under new regime. When setting the new requirements, references are made to the rules and regulations...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/proposed_new_rules_codes_guidelines.html -
Date: 2019-05-14
... The law stipulates that premiums paid for deferred annuity products satisfying a set of criteria set out in the guideline issued by the Insurance Authority (IA) are eligible for tax deduction under the salaries tax and personal assessment. Please visit the List of Qualifying Deferred Annuity Policies...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/faqs.html -
Date: 2020-07-22
[HTML]
Preparatory Works
... Preparatory Works To prepare for the new regime, we are drafting new rules, codes and guidelines and developing a new computer system and online portal. We have also set up a Working Group on Direct Licensing Regime for Insurance Intermediaries and two...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/new_regulatory_regime_preparatory_works.html -
Date: 2019-03-01
... Business Ethics = A set of principles which determines what is the right behavior when conducting insurance business or carrying on regulated activity • Honesty and Integrity • Acting in the client’s best interests and treating clients fairly • Due care and diligence • Professional competence and...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Future_Task_Force_MC_16_Dec_2020.pdf -
Date: 2020-12-21
[PDF]
FTAHK.pdf
... simple and frictionless ways in function and appearance (e.g., push transactions like digital nudges) Make it Effortless If designed correctly, experiences can become a platform for brand differentiation and competitive advantage: Improve the Value Empower Self-serviceEnhance Loyalty Amplify the Brand IN...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/FTAHK.pdf -
Date: 2019-06-06