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⏭... made up about 40% of the total regional premium pool, the growth in insurance premiums of Asia (excluding Japan) was 2.3% in 2018, compared with 10% in 2017, according to the statistics from Allianz Research. Also, quoting from a report by Capgemini, wealth of high net worth individuals in the...
https://www.ia.org.hk/english/infocenter/files/Moodys_Insurance_Summit.pdf -
Date: 2021-09-08
... made up about 40% of the total regional premium pool, the growth in insurance premiums of Asia (excluding Japan) was 2.3% in 2018, compared with 10% in 2017, according to the statistics from Allianz Research. Also, quoting from a report by Capgemini, wealth of high net worth individuals in the...
https://www.ia.org.hk/english/infocenter/files/Moodys_Insurance_Summit.pdf -
Date: 2020-06-12
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Fulfillment Ratio Examples
... actually declared. If the policy is still in force on 1 January 2022, the annual dividend declared is $800, together with the accumulated interest of $30, so the total accumulated dividend and interest is $1,830. The fulfillment ratio for the annual dividend at Policy Year 2 is 1,830/2,030 = 90.1...
https://www.ia.org.hk/english/fulfillment_ratio/examples.html -
Date: 2024-01-17
... have now been formed and the first disciplinary cases are currently under consideration. Representation of Information 16% Claims 17% Conduct 30% Business or Operations 18% Services 15% Insurance Intermediary against Insurer 3% Others 1% Total: 1,494 Representation of Information 16% Claims 18% Conduct...
https://www.ia.org.hk/english/infocenter/files/Conduct_In_Focus_English_Issue2.pdf -
Date: 2021-12-14
... have now been formed and the first disciplinary cases are currently under consideration. Representation of Information 16% Claims 17% Conduct 30% Business or Operations 18% Services 15% Insurance Intermediary against Insurer 3% Others 1% Total: 1,494 Representation of Information 16% Claims 18% Conduct...
https://www.ia.org.hk/english/infocenter/files/Conduct_In_Focus_English_Issue2.pdf -
Date: 2022-05-24
... other ILS domiciles such as Bermuda and Singapore. 8. Under the new regulatory regime, SPIs will be authorized to carry on special purpose business (“SPB”), a new class of insurance business for the purpose of acquiring insurance risk from another insurer/reinsurer under a reinsurance/risk transfer...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_Draft_Insurance_Special_Purpose_Business_Rules_ENG.pdf -
Date: 2020-09-04
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Insurance Authority to resume normal public enquiry and complaint hotline services from 24 February
... normal, operating from 8:45am to 12:45pm and 1:45pm to 6pm on working days. Email responses to enquiries and complaints will continue as normal. However, its office will remain closed to the general public next week (24 February to 1 March). Arrangements have been made for some staff to work...
https://www.ia.org.hk/english/infocenter/press_releases/20200223.html -
Date: 2020-02-23
... Response of the Insurance Authority to imposition of sanctions by the United States Government on individuals in Hong Kong 8 August 2020 The Insurance Authority (IA) is closely monitoring repercussions arising from unilateral sanctions recently...
https://www.ia.org.hk/english/infocenter/press_releases/20200808.html -
Date: 2020-08-08
... appetite. Take, for example, a participating policy projecting a total cash value of $100,000, $90,000 of which is non-guaranteed, at the end of the 10th year of the policy. When this policy is surrendered or matured at the end of the 10th year, the amount paid to the policyholder will vary from...
https://www.ia.org.hk/english/participating_policy/how_to_choose_participating_policy.html -
Date: 2024-01-18
... ................................................................................................ 8 CHAPTER 4 INPUT SOUGHT ON THE DRAFT GROUP CAPITAL RULES . 11 ANNEX A GWS FRAMEWORK OVERVIEW .................................................... 16 ANNEX B INSURANCE (GROUP CAPITAL) RULES ..................................... 17 ANNEX C FEEDBACK TEMPLATE...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_the_Draft_Insurance_Group_Capital_Rules_ENG.pdf -
Date: 2020-08-19