... • Determine the methodology for measuring catastrophic risk Catastrophic Risk – General • Calibration on the parameters on different levels • Aggregation of risks • Within insurance risk • Within market risk Diversification – Long Term & General Pillar 1 – Quantitative Requirements Benefits of Pillar 1 10...

... Useful Information Intelligence Evidence ©Hong Kong Police Force香港警務處版權所有 Joint Financial Intelligence Unit Agenda u About JFIU u Relevant Legislations u STR Statistics u Red Flag Indicators u Filing Quality STRs 10 ©Hong Kong Police Force香港警務處版權所有 Joint Financial Intelligence Unit Relevant Legislations...

... or captive insurer (S.123(3)) • Staff of an insurer responsible for underwriting or handling of claims (S.123(4)) 10 Exception Clerical & Administrative Staff of Insurers & Intermediaries S.123(2) provides that s.64G does not prohibit a person acting on behalf of an authorized insurer or insuance...

... • Determine the methodology for measuring catastrophic risk Catastrophic Risk – General • Calibration on the parameters on different levels • Aggregation of risks • Within insurance risk • Within market risk Diversification – Long Term & General Pillar 1 – Quantitative Requirements Benefits of Pillar 1 10...

... Useful Information Intelligence Evidence ©Hong Kong Police Force香港警務處版權所有 Joint Financial Intelligence Unit Agenda u About JFIU u Relevant Legislations u STR Statistics u Red Flag Indicators u Filing Quality STRs 10 ©Hong Kong Police Force香港警務處版權所有 Joint Financial Intelligence Unit Relevant Legislations...

... on HKFRS 4, do you expect and how much do you expect extra cost on HKFRS 17 per annum? (Please state the estimated amount and describe the difference) 9) a) Did/will you upgrade your finance IT system, actuarial valuation model/database, administration system to meet the requirements of HKFRS 17? 10...

...) business (decreased by 24.4%). Around 24,300 Qualifying Deferred Annuity Policies were issued, attracting $1.6 billion in terms of premiums that represent 1.1% of the total for individual businesses. New business premiums derived from Mainland visitors went down by 32.9% to $15 billion on a...

... of the strategic investment policy, including consideration of the factors listed, to an appropriately constituted committee such as the Investment Committee as mentioned in the Guideline on the Corporate Governance of Authorized Insurers (GL10) issued by the Insurance Authority (“IA”), whilst...