... General Insurance Examination Insurance Intermediaries Quality Assurance Scheme General Insurance Examination Study Notes 2018 Edition 1 Study Notes for General Insurance Examination Update Voluntary Health Insurance Scheme fully launched on 1 April 2019 With the Voluntary Health Insurance Scheme (...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... potential financial results; and (b) its cause and effect. 1/2 1.1.2a Financial Results Risks may be considered as being either Pure or Speculative: (i) Pure Risks offer the potential of loss only (no gain), or, at best, no change. Such risks include fire, accident and other undesirable happenings. (ii...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf -
Date: 2019-12-02
... (b) its cause and effect. 1/2 1.1.2a Financial Results Risks may be considered as being either Pure or Speculative: (i) Pure Risks offer the potential of loss only (no gain), or, at best, no change. Such risks include fire, accident and other undesirable happenings. (ii) Speculative Risks offer the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P6_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... complied with on the termination of the RO of the agency. Best practice would be to have a checklist of matters that need to be addressed on the termination of the RO and include this notification requirement in the checklist. It should also be noted that pursuant to section 64ZN of the Ordinance, the IA...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_Agencies_dd_18122020.pdf -
Date: 2020-12-21
... Consultation Conclusions on a Risk-based Capital Framework for the Insurance Industry of Hong Kong 1 Consultation on a Risk-based Capital Framework for the Insurance Industry of Hong Kong Consultation Conclusions Background 1. The Insurance Authority (“IA”) conducted a three-month consultation exer...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_conclusions.pdf -
Date: 2019-09-03
... Transit businesses incurring underwriting losses of $152 million, $123 million and $6 million respectively, all other classes of reinsurance business recorded underwriting profits. General Liability business was the best performer, reporting an underwriting profit of $327 million, followed by Property...
https://www.ia.org.hk/english/infocenter/files/AR2013.pdf -
Date: 2021-12-14
... Transit businesses incurring underwriting losses of $152 million, $123 million and $6 million respectively, all other classes of reinsurance business recorded underwriting profits. General Liability business was the best performer, reporting an underwriting profit of $327 million, followed by Property...
https://www.ia.org.hk/english/infocenter/files/AR2013.pdf -
Date: 2022-05-24
... Transit businesses incurring underwriting losses of $152 million, $123 million and $6 million respectively, all other classes of reinsurance business recorded underwriting profits. General Liability business was the best performer, reporting an underwriting profit of $327 million, followed by Property...
https://www.ia.org.hk/english/infocenter/files/AR2013.pdf -
Date: 2020-06-23
... company. Best practice would be to have a checklist of matters that need to be addressed on the termination of the RO and include this notification requirement in the checklist. It should also be noted that pursuant to section 64ZO of the Ordinance, the IA may suspend the licence of a licensed insurance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_Brokers_dd_18122020.pdf -
Date: 2020-12-21
... paid by insurers. Your agreement to proceed with this insurance transaction shall constitute your consent to the receipt of commission by the Company." Note 1: When a client asks the Member about the extent of remuneration, it is incumbent upon the Member to provide that information to the best of its...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/11a_CIB_Membership_Regulations_v11_15_7_2015_English_eg19.pdf -
Date: 2019-12-20