... Insurance Policy i. Entire Contract Provision ii. Incontestability Provision iii Grace Period iv. Beneficiary Designation v. Nonforfeiture Benefits vi. Policy Loan vii. Reinstatement viii. Misstatement of Age or Sex ix. Assignment P 3 of 4 x. Dividend Options xi. Settlement Options xii. Suicide Exclusion V....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/LT_syl_eng_2019_file4.pdf -
Date: 2019-12-02
... available for investment. This means that the remaining amount of premiums available for investment will be lower than your premiums paid. The upfront charge is calculated as follows: Upfront Charge = Premiums received X Upfront Charge % Policy year Upfront charge % % of premium received available for...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_HKFI_ILAS_Requirements_v4_8_12_2014_20190823.pdf -
Date: 2019-12-20
... CONSIDERATIONS ................................................................................. 15 CHAPTER 4 PILLAR 1: QUANTITATIVE ASPECT – CAPITAL ADEQUACY ...... 18 CHAPTER 5 PILLAR 2: QUALITATIVE ASPECTS ................................................... 50 CHAPTER 6 PILLAR 3: DISCLOSURE AND...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_paper.pdf -
Date: 2019-09-03
... for the insurance industry in Hong Kong. The result would form the basis for the IA to finalize the set of rules on Pillar 1 capital requirement after which a consultation process is expected to be carried out in 2020. Your participation is therefore essential in the finalization of the RBC regime...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190809.pdf -
Date: 2019-11-29
... projection at x% investment return, your policy will remain in force up to an attained age of xx of the individual insured. The policy will terminate afterwards.” Please kindly note that above statement should cover the respective 0%, 3%, 6% and 9% investment return scenarios if applicable. For example...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4.GN_on_ILAS_Illustration_Document.pdf -
Date: 2019-12-20
... subject to IA’s prior approval under s.13B) (Form A/B in Schedule 5) X (Note: changes in controller (other than a controller to whom section 13B applies) are subject to notification requirement under section 14) (Form A/B in Schedule 2) X (Note: the appointment is subject to notification requirement under...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL4.pdf -
Date: 2020-09-07
... subject to IA’s prior approval under s.13B) (Form A/B in Schedule 5) X (Note: changes in controller (other than a controller to whom section 13B applies) are subject to notification requirement under section 14) (Form A/B in Schedule 2) X (Note: the appointment is subject to notification requirement under...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL4.pdf -
Date: 2020-06-22