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⏭... Guideline, does “long term business” also include accident / health / disability policy with minimal life coverage? A1 The term “long term business” used in the Guideline bears the same meaning as the same term defined in section 2 of the Insurance Ordinance (Cap. 41) (the “Ordinance”), which, for the...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL27.pdf -
Date: 2020-09-24
... Guideline, does “long term business” also include accident / health / disability policy with minimal life coverage? A1 The term “long term business” used in the Guideline bears the same meaning as the same term defined in section 2 of the Insurance Ordinance (Cap. 41) (the “Ordinance”), which, for the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL27.pdf -
Date: 2020-12-21
[PDF]
circulars01.pdf
... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...
https://www.ia.org.hk/english/infocenter/files/circulars01.pdf -
Date: 2019-09-03
[PDF]
circulars01.pdf
... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/circulars01.pdf -
Date: 2019-09-10
... combination of rates hardening and new business. Ships business and Property Damage business also contributed by reporting growth of 6.0% and 3.7% respectively, while being partially offset by a contraction in Pecuniary Loss business and Motor Vehicle (“MV”) business which reported a drop of 4.2...
https://www.ia.org.hk/english/infocenter/statistics/annual_general_business_statistics.html -
Date: 2023-09-29
... also incentivise insurers to enhance their risk management culture, thereby instiling market stability.” The RBC regime comprises three pillars: Pillar 1 on quantitative assessment, Pillar 2 on corporate governance and risk management and Pillar 3 on disclosure requirements. The Bill...
https://www.ia.org.hk/english/infocenter/press_releases/20230406.html -
Date: 2023-04-17
... Enhance Market Sustainability Promote Global Competitiveness IA’s Statutory Functions Research Study (White paper on trending topics about insurance and Insurtech) Open API (The enabling tool) Regulatory Interface (Updating Guidelines) 2 Upcoming IA Insurtech Initiatives in 2022 Opportunities to acquire...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/FL_presentation_for_FTF_meeting.pdf -
Date: 2022-03-25
... Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Brokers September 2019 Consultation Conclusions on the Draft Code of Conduct for Licensed Insurance Brokers 1 Contents Introduction 2 Feedback Received and Insurance Authority’s Response 3 Conclusions and Next Steps 26...
https://www.ia.org.hk/english/infocenter/files/Consultation_Conclusions_Brokers_Code_Eng.pdf -
Date: 2019-09-03