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... same Enterprise Risk Management (“ERM”) processes and procedures as set out in the Guideline. It provides flexibility for an insurer to design the ERM framework to accord with its own specific circumstances. An insurer is however expected to be able to demonstrate to the IA’s satisfaction how the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190103.pdf - Date: 2019-11-29
... reinsurers when they consider ceding business offshore. Hong Kong is also an ideal location for Mainland companies, and especially state-owned enterprises (“SoEs”), to set up captive insurers. Having a captive insurer in Hong Kong can help a Mainland group pool the risks among its subsidiaries and associates...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf - Date: 2021-12-14
... reinsurers when they consider ceding business offshore. Hong Kong is also an ideal location for Mainland companies, and especially state-owned enterprises (“SoEs”), to set up captive insurers. Having a captive insurer in Hong Kong can help a Mainland group pool the risks among its subsidiaries and associates...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf - Date: 2022-05-24
... reinsurers when they consider ceding business offshore. Hong Kong is also an ideal location for Mainland companies, and especially state-owned enterprises (“SoEs”), to set up captive insurers. Having a captive insurer in Hong Kong can help a Mainland group pool the risks among its subsidiaries and associates...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2017_18_English.pdf - Date: 2020-06-23