... involve an assertion of jurisdiction not recognised by a requested Authority. Where a requested Authority considers that an assertion of jurisdiction in a matter that is the subject of a request would conflict seriously with and prejudice its essential interests, the request will be denied. 4 10. The...

... request will be denied. 10. The Authorities recognise that, so long as there are differences in the scope of the laws, regulations and requirements applied in each jurisdiction, conduct prohibited by the Authorities in one jurisdiction may not be prohibited by the Authorities in the other. The Authorities...

... greater than 10% of its eligible capital resources. All general business insurers are required to carry out testing using Prescribed Scenario 2. III.3. Composite insurers are not required to carry out Prescribed Scenario 1 if any of the market risk scenarios performed under GL21 paragraph 9.5(k)(i) is...

... greater than 10% of its eligible capital resources. All general business insurers are required to carry out testing using Prescribed Scenario 2. III.3. Composite insurers are not required to carry out Prescribed Scenario 1 if any of the market risk scenarios performed under GL21 paragraph 9.5(k)(i) is...

... guaranteed figure) is permitted. A9 The spirit of paragraph 7.4 is to deter insurers from exaggerating the non-guaranteed benefits. For the avoidance of doubt, insurers can highlight information that concerns the customers’ risk exposure. Documentation Q10 Please clarify if only the Standard Illustration...

... involve an assertion of jurisdiction not recognised by a requested Authority. Where a requested Authority considers that an assertion of jurisdiction in a matter that is the subject of a request would conflict seriously with and prejudice its essential interests, the request will be denied. 4 10. The...

... request will be denied. 10. The Authorities recognise that, so long as there are differences in the scope of the laws, regulations and requirements applied in each jurisdiction, conduct prohibited by the Authorities in one jurisdiction may not be prohibited by the Authorities in the other. The Authorities...

... 主席的話 Chairman’s Message 第一章 保險業監管局 Chapter 1 About the Insurance Authority 第二章 機構管治 Chapter 2 Corporate Governance 第三章 2016-17年度主要工作 Chapter 3 Major Initiatives in 2016-17 第四章 展望 Chapter 4 Outlook 報告及財務報表 Reports and Financial Statements 附錄 Appendices 2 6 10 14 20 24 44 目錄 Contents 2 保險業監管局...

... 主席的話 Chairman’s Message 第一章 保險業監管局 Chapter 1 About the Insurance Authority 第二章 機構管治 Chapter 2 Corporate Governance 第三章 2016-17年度主要工作 Chapter 3 Major Initiatives in 2016-17 第四章 展望 Chapter 4 Outlook 報告及財務報表 Reports and Financial Statements 附錄 Appendices 2 6 10 14 20 24 44 目錄 Contents 2 保險業監管局...

... 主席的話 Chairman’s Message 第一章 保險業監管局 Chapter 1 About the Insurance Authority 第二章 機構管治 Chapter 2 Corporate Governance 第三章 2016-17年度主要工作 Chapter 3 Major Initiatives in 2016-17 第四章 展望 Chapter 4 Outlook 報告及財務報表 Reports and Financial Statements 附錄 Appendices 2 6 10 14 20 24 44 目錄 Contents 2 保險業監管局...