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⏭... business) of long term business for 2017 decreased by 15.7% to $156.4 billion compared with 2016. New office premiums of Individual Life and Annuity (Non-Linked) business decreased by 20.2% to $142.9 billion. On the other hand, those of Individual Life and Annuity (Linked) business increased by 121.3% to...
https://www.ia.org.hk/english/infocenter/press_releases/market_performance_of_hong_kong_insurance_industry_for_2017.html -
Date: 2018-03-12
[PDF]
Cir_dd_14.05.2019.pdf
... Organizations 1 (“SROs”) on 23 September 2019 (“Commencement Date”), with the Insurance Companies (Amendment) Ordinance 2015 (Commencement) Notice 2019 to be gazetted in May 2019 to complete the prerequisite. The takeover will mark a major milestone and a reformatory change for the insurance industry as the IA...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_14.05.2019.pdf -
Date: 2019-11-29
... Understanding a Participating Policy Publicity and education materials Video series: Once upon a time for participating policies (Cantonese with English subtitles) Episode 1: Change...
https://www.ia.org.hk/english/participating_policy/publicity_and_educational_materials.html -
Date: 2024-01-18
[PDF]
rbc_consultation_faq.pdf
... 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...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_faq.pdf -
Date: 2019-09-03
... Interpretation Notes Page 1 of 10 Interpretation Notes Guideline on Long Term Insurance Policy Replacement (GL27) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL27.pdf -
Date: 2020-09-24
... Interpretation Notes Page 1 of 10 Interpretation Notes Guideline on Long Term Insurance Policy Replacement (GL27) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL27.pdf -
Date: 2020-12-21
...) funds deposited into Nominated Accounts shall only be used in making payments to the party to whom the funds are due; (ii) no member shall use a Nominated Accounts to secure any other facility with any bank or other financial institution; (iii) interest receivable on Nominated Accounts shall belong to...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_PIBA_Membership_Regulations_v5_15_4_2013_eg19.pdf -
Date: 2019-12-20