... Dedicated Regime for Captive Insurance Requirements on Captive Insurers To incentivize the establishment of captive insurers in Hong Kong, regulatory facilitations are offered to captive insurers including reduced minimum capital and solvency margin...

... development of the RBC regime, the Insurance Authority (IA) has finalized the remaining package of template and technical specifications on matching adjustment (MA package) for insurers carrying on long term business. We are writing to enlist your continuous support in completing and submitting data as set...

... Legislative and Regulatory Framework An Overview of the Regulatory Framework...

... GN 10 GL10 GUIDELINE ON THE CORPORATE GOVERNANCE OF AUTHORIZED INSURERS Insurance Authority Contents Page 1. Introduction……………………………………………… 1 2. Interpretation…………………………………………….. 2 3. Application………………..…………………………….... 3 4. Governance Structure………………………….…..……... 4 5. Role and Responsibilities of...

... GN 10 GL10 GUIDELINE ON THE CORPORATE GOVERNANCE OF AUTHORIZED INSURERS Insurance Authority Contents Page 1. Introduction……………………………………………… 1 2. Interpretation…………………………………………….. 2 3. Application………………..…………………………….... 3 4. Governance Structure………………………….…..……... 4 5. Role and Responsibilities of...

...) ________________________________________________________________________________________ For Official Use LN Update Verify ______ Please complete all items in BLOCK LETTERS. All amendments must be signed by the licensed Insurance Intermediary and original signed copy should be submitted. † Please tick the appropriate box. Version: May 2022 1 Form N3 I. Particulars of Licensed Insurance...

... prudent approach in arranging reinsurance cover for its insurance business. Inadequacy in the arrangement of reinsurance may jeopardize the financial position of an insurer and affect its ability to meet the obligations to policy holders. The IA may from time to time provide guidance to insurers on...

... interest based on the relevant actual interest rate determined by the insurer. Reversionary bonus The face value of the bonus is fixed once declared and is a permanent addition to the sum assured in the policy and...