... unprecedented market volatilities brought about by COVID-19 and is the crucial component for a robust system to safeguard the insuring public. An iterative process of Quantitative Impact Studies has helped to calibrate the design parameters, taking into account technical merits and practical outcomes. Progress...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2019_20_Eng.pdf -
Date: 2022-05-24
... insurers underwriting linked long term business, i.e. ILAS products, covering requirements in relation to both the design of ILAS products and the sale process for ILAS products. This Guideline supplements GL15 by including more detailed requirements on the sale process for ILAS products and setting out...
https://www.ia.org.hk/english/legislative_framework/files/GL26_English.pdf -
Date: 2020-09-24
... insurers underwriting linked long term business, i.e. ILAS products, covering requirements in relation to both the design of ILAS products and the sale process for ILAS products. This Guideline supplements GL15 by including more detailed requirements on the sale process for ILAS products and setting out...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL26_English.pdf -
Date: 2020-06-24
... insurers underwriting linked long term business, i.e. ILAS products, covering requirements in relation to both the design of ILAS products and the sale process for ILAS products. This Guideline supplements GL15 by including more detailed requirements on the sale process for ILAS products and setting out...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/ILAS_Products.pdf -
Date: 2020-06-24
... final scenarios selected and determination of their severity level. Insurers are reminded that the whole process including the design of the own scenarios should be consistent with the material risks as identified in the risk identification process. 6.7 Some insurers carried out own scenarios at group...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.3.2022_Annex.pdf -
Date: 2022-05-31
... insurers underwriting linked long term business, i.e. ILAS products, covering requirements in relation to both the design of ILAS products and the sale process for ILAS products. This Guideline supplements GL15 by including more detailed requirements on the sale process for ILAS products and setting out...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL26.pdf -
Date: 2019-11-29
... ...................................................................................................................... 15 Principle Two: A legal/regulatory framework that supports the application of a risk-based approach ............................................................................................................................. 15 Principle Three: Design of a supervisory framework to support the...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/RBA_Guidance_for_Life_Insurance_Sector.pdf -
Date: 2021-11-12
... ...................................................................................................................... 15 Principle Two: A legal/regulatory framework that supports the application of a risk-based approach ............................................................................................................................. 15 Principle Three: Design of a supervisory framework to support the...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/RBA_Guidance_for_Life_Insurance_Sector.pdf -
Date: 2022-04-27
... ...................................................................................................................... 15 Principle Two: A legal/regulatory framework that supports the application of a risk-based approach ............................................................................................................................. 15 Principle Three: Design of a supervisory framework to support the...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/RBA_Guidance_for_Life_Insurance_Sector.pdf -
Date: 2019-11-05
... insurance business (other than Class C business), which include product design, provision of adequate and clear information, suitability assessment, advice to customers, ongoing monitoring, post-sale control etc. All authorised insurers carrying on long term insurance business (other than Class C business...
https://www.ia.org.hk/english/infocenter/files/AR2015.pdf -
Date: 2021-12-14