... who, alone or jointly with others, is responsible for the conduct of the whole of the insurance broking business of such insurance broker carried on within Hong Kong, not being a person who: (1) is also responsible for the conduct of insurance broking business carried on by the insurance broker...

... environment with live market data InsurTech development Tel: +852 3899 9983 Email: [email protected] #19 On 6 November 2019, the Central Government promulgated 16 policy measures to facilitate GBA development, including, among others, supporting Mainland insurers to issue catastrophe bonds in Hong Kong by...

... environment with live market data InsurTech development Tel: +852 3899 9983 Email: [email protected] #19 On 6 November 2019, the Central Government promulgated 16 policy measures to facilitate GBA development, including, among others, supporting Mainland insurers to issue catastrophe bonds in Hong Kong by...

... Presentation by AXA Asia & Africa (Updated on 24 June 2021) Representatives from AXA Asia & Africa 17:55 – 18:15 Q&A session with AXA Asia & Africa   Representatives from AXA Asia & Africa / Moderators (IA...

... Companies Ordinance (ICO) (Chapter 41) and its Regulations, together with the Guidance Notes issued by the Insurance Authority (IA), prescribe a rule-based capital adequacy framework for insurers operating in Hong Kong. Capital adequacy is assessed on the basis of an insurer’s solvency margin, i.e. the...

... 5.7 It should be noted that any shares or securities listed on a foreign stock exchange not recognized by the IA (i.e. a foreign stock exchange other than those listed in Annex 3) shall be deemed as unlisted for the purposes of the Rules and must be valued in accordance with the principles set out in...

... respectively compared with the corresponding period in 2016. Overall underwriting profit decreased from $1.1 billion to $369 million. On direct business, gross and net premiums increased by 4.2% to $19.7 billion and 2.4% to $13.8 billion respectively in the first half of 2017 compared with the...

... respectively compared with the corresponding period in 2016. Overall underwriting profit decreased from $1.1 billion to $369 million. On direct business, gross and net premiums increased by 4.2% to $19.7 billion and 2.4% to $13.8 billion respectively in the first half of 2017 compared with the...

... incumbent for insurers to step up their controls in mitigating cyber risks. With the increased incidents of cyber attack and its increasing sophistication, strong cyber resilience is important for insurers to protect the personal information of its policy holders, and digital/electronic data of its business...

... carrying on regulated activities. 1.3 This Guideline aims to provide general guidance for the following persons to comply with the CPD requirements. (a) An individual licensee (as defined in paragraph 2.1); (b) An authorized insurer which appoints a licensed individual insurance agent; (c) A licensed...