... Between 25 to 30 years >30 years (0, 5] (5, 10] (10, 15] (15, 20] (20, 25] (25, 30] 30+ 1 95 85 75 70 65 60 55 2 110 100 90 85 75 70 60 3 175 145 130 120 110 100 90 4 275 220 200 180 165 150 135 5 425 390 355 325 295 265 245 6 640 585 530 485 440 400 365 7 640 585 530 485 440 400 365 For unrated fixed...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf -
Date: 2021-12-10
... Between 25 to 30 years >30 years (0, 5] (5, 10] (10, 15] (15, 20] (20, 25] (25, 30] 30+ 1 95 85 75 70 65 60 55 2 110 100 90 85 75 70 60 3 175 145 130 120 110 100 90 4 275 220 200 180 165 150 135 5 425 390 355 325 295 265 245 6 640 585 530 485 440 400 365 7 640 585 530 485 440 400 365 For unrated fixed...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf -
Date: 2021-09-09
... term business rose year-on-year by 22.9% to $80.5 billion in the first half of 20211. This is a remarkable achievement since business derived from Mainland visitors is still in doldrums, exemplifying the resilience and resourcefulness of industry stakeholders. The decision of a major insurance group to...
https://www.ia.org.hk/english/infocenter/press_releases/20210929.html -
Date: 2021-09-29
... Requirement for Assets in Hong Kong: To maintain assets in Hong Kong of an amount not less than 80% of its Hong Kong liabilities plus solvency margin Exempted Valuation Rules...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/requirements_captive_insurers.html -
Date: 2020-04-28
... Margin General business insurer with statutory business General business insurer without statutory business 20 10 20 10 (I) Assume ‘X’ represents the greater of the Relevant Premium Income and the Relevant Claims Outstanding. (a) If ‘X’ ≤ HK$200 million, the Relevant Amount is :- 20% of ‘X’ (b) If ‘X...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/E-GN5.pdf -
Date: 2020-09-07
... Margin General business insurer with statutory business General business insurer without statutory business 20 10 20 10 (I) Assume ‘X’ represents the greater of the Relevant Premium Income and the Relevant Claims Outstanding. (a) If ‘X’ ≤ HK$200 million, the Relevant Amount is :- 20% of ‘X’ (b) If ‘X...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/E-GN5.pdf -
Date: 2020-06-22
...”, “Entity C”, and “Entity D”. 6 d) Numerical Example (please refer to section (c) for the relevant formulae) Supervised group member Jurisdiction of incorporation MCR PCR Eligible capital resources Entity A a 50 70 100 Entity B b 100 150 200 Entity C c 180 220 300 Entity D d 1 2 10 Notes: (1) Assume that...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL32_Module_C_Interpretation_Notes.pdf -
Date: 2022-05-31
... Management Expenses Underwriting Profit/(Loss) 9,420,404 7,483,516 6,310,671 1,200,600 781,181 5,317,184 4,250,751 4,453,469 2,638 933,684 139,699 3,365,531 2,897,159 2,687,349 1,143,818 984,131 1,690,354 1,405,710 1,684,215 (14,293) 309,036 (275,740) 84,782 21,947 19,640 13,305 3,400 46,302 14,611 10,660...
https://www.ia.org.hk/english/infocenter/statistics/files/2q18gen.pdf -
Date: 2020-03-16
... updated under item no. 80 (previously item 18) on the list of individuals associated with the Al-Qaida (List C). Accordingly, please check the designated names against your records and take appropriate steps to ensure compliance with the Ordinance and the Regulation. You should also report to...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular250703.html -
Date: 2017-06-23
... maintaining market stability and protecting the interests of policy holders. The Managers will also conduct a detailed assessment on the financial position of Target and report findings to the IA.” “Almost 80% of the business carried on by Target is motor insurance while the rest is...
https://www.ia.org.hk/english/infocenter/press_releases/20220107.html -
Date: 2022-01-07