... Insurance Ordinance (Cap. 41) ("the Ordinance") Submission of statutory, actuarial and financial returns 9 April 2020 By Email only To: Chief Executives of authorized insurers carrying on long term insurance business Dear Sirs, Insurance Ordinance (Cap. 41) (“the Ordinance”) Submission of...

... a strong track record of insurtech research and development. The newcomer will focus on medical, term life and critical illness insurance products targeting youngsters and underserved market segments. Building on a clustering approach and support from strategic partners, it seeks to tailor...

... Individual Life and Annuity (Linked) business (increased by 59.2%), as well as $23.9 billion from Retirement Scheme business (decreased by 8.4%). On the other hand, new office premiums (excluding Retirement Scheme business) of long term business were $80.5 billion (increased by 22.9%), made up of...

... Fulfillment Ratio Fulfillment Ratio Examples Example 1: Participating policy with annual and terminal dividends Assume that the policy was issued on 1 January 2020: End of Policy Year...

... equipped toolbox for our supervisory work. In 2014, we kickstarted our development of a risk- based capital regime for the insurance industry with a consultation exercise on the framework and key approaches. We would start our next phase of work soon. Meanwhile, we are preparing the legislation for the...

... equipped toolbox for our supervisory work. In 2014, we kickstarted our development of a risk- based capital regime for the insurance industry with a consultation exercise on the framework and key approaches. We would start our next phase of work soon. Meanwhile, we are preparing the legislation for the...

... equipped toolbox for our supervisory work. In 2014, we kickstarted our development of a risk- based capital regime for the insurance industry with a consultation exercise on the framework and key approaches. We would start our next phase of work soon. Meanwhile, we are preparing the legislation for the...

... of (a) the disciplinary documents (including correspondence, report, submissions and decision letter); and (b) reference letters (if any) concerning your fitness and properness to carry on regulated activities under the Insurance Ordinance. If there is not enough space, please provide the required...

... of (a) the disciplinary documents (including correspondence, report, submissions and decision letter); and (b) reference letters (if any) concerning your fitness and properness to carry on regulated activities under the Insurance Ordinance. If there is not enough space, please provide the required...

... Microsoft Word - Disciplinary Fining Guidelines _English_.doc GL3A GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF ANTI-MONEY LAUNDERING AND COUNTER- TERRORIST FINANCING (For authorized insurers and reinsurers carrying on long term business, and licensed individual...