... Scenario 1 if any of the market risk scenarios performed under GL21 paragraph 9.5(k)(i) is more severe. In such a case, the worst case market risk scenario under GL21 paragraph 9.5(k)(i) would be adopted within Prescribed Scenario 3. 3 IV. Scenario Requirements IV.1. As stated in section 11.3 of GL21, for...
https://www.ia.org.hk/english/legislative_framework/files/GL21_GI_SST_20200113.pdf -
Date: 2020-09-24
... more severe. In such a case, the worst case market risk scenario under GL21 paragraph 9.5(k)(i) would be adopted within Prescribed Scenario 3. 3 IV. Scenario Requirements IV.1. As stated in section 11.3 of GL21, for the base case to be included in its ORSA Report, a general business insurer, during the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-06-15
... more severe. In such a case, the worst case market risk scenario under GL21 paragraph 9.5(k)(i) would be adopted within Prescribed Scenario 3. 3 IV. Scenario Requirements IV.1. As stated in section 11.3 of GL21, for the base case to be included in its ORSA Report, a general business insurer, during the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-12-21
.../1 4.3 Grace Period 4/3 4.4 Beneficiary Designation 4/4 4.5 Nonforfeiture Benefits 4/5 4.6 Policy Loan 4/6 4.7 Reinstatement 4/6 4.8 Misstatement of Age or Sex 4/7 4.9 Assignment 4/8 4.10 Dividend Options 4/9 4.11 Settlement Options 4/10 4.12 Suicide Exclusion 4/10 iv 5. LIFE INSURANCE PROCEDURES 5/1...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11.sn-LT-2017_eng.pdf -
Date: 2019-12-02
... Incontestability Provision 4/1 4.3 Grace Period 4/4 4.4 Beneficiary Designation 4/4 4.5 Nonforfeiture Benefits 4/5 4.6 Policy Loan 4/6 4.7 Reinstatement 4/7 4.8 Misstatement of Age or Sex 4/7 4.9 Assignment 4/8 4.10 Dividend Options 4/9 4.11 Settlement Options 4/10 4.12 Suicide Exclusion 4/10 iv 5. LIFE INSURANCE...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.pdf -
Date: 2019-12-02
.../10 iv 5. LIFE INSURANCE PROCEDURES 5/1 5.1 Company Operation 5/1 5.1.1 Typical Company Operational Structure 5.2 Application 5/4 5.2.1 Application Procedure 5.2.2 Receipts and Policy Effectiveness 5.2.3 Client Service - Policies and Standards a. The Importance of Client Service b. How to Achieve...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... products from the perspective of meeting various needs. These we may think of as: (a) Personal needs: (i) dependants’ living expenses; (ii) final (end of life) expenses; (iii) educational funds; (iv) retirement income; (v) mortgage repayment fund; (vi) emergencies fund (usually needed to meet unexpected...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.docx -
Date: 2019-12-02