... in participating in QIS 2 and submitting data as set out in the enclosed templates. Based on the data collected from the First Quantitative Impact Study (QIS 1), we conducted calibration for various risk charges and set out methodologies in certain technical aspects. In the past six months, we...

... preparatory work on drafting detailed requirements of the RBC regime to be followed by public consultation on subsidiary legislation. The RBC regime is targeted for implementation in 2024. Ends ...

... positioned Hong Kong as a risk management centre under the ‘dual-circulation’ strategy, anchoring on development of the Greater Bay Area and emerging markets along the Belt and Road to serve unique needs of our country while connecting it to the rest of the world. In this regard, the three...

... you that an updated list of relevant persons and entities has been specified under section 32 of the United Nations Sanctions (Central African Republic) Regulation 2017 (Cap. 537 sub. leg. BW) (“the Central African Republic Regulation”). The list has been published in the Gazette (G.N. 3396) on 26 May...

... suspicious websites and hyperlinks embedded in emails or on social media platforms. Do not share your user name or passwords for your digital insurance services with anyone or disclose your password to anyone casually. Passwords should be difficult to guess, they should be...

... Interpretation Notes Page 1 of 10 Interpretation Notes Guideline on Long Term Insurance Policy Replacement (GL27) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of...

... Interpretation Notes Page 1 of 10 Interpretation Notes Guideline on Long Term Insurance Policy Replacement (GL27) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of...

... Introduction GL14 GUIDELINE ON OUTSOURCING Insurance Authority Contents Page 1. Introduction……..……………………………….……….. 1 2. Application of this Guideline…….…........….…........…… 1 3. Interpretation………………………………………..……. 2 4. Legal and Regulatory Obligations………………….……. 3 5. Essential Issues...

... Individual licensees are required to comply with the Continuing Professional Development (“CPD”) requirements as set out in the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) issued by the Insurance Authority (“IA”). The first CPD Assessment Period under the...

... Individual licensees are required to comply with the Continuing Professional Development (“CPD”) requirements as set out in the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) issued by the Insurance Authority (“IA”). The first CPD Assessment Period under the...