... Guidance Notes GL13 GUIDELINE ON ASSET MANAGEMENT BY AUTHORIZED INSURERS Insurance Authority Contents Page 1. Preamble………………………………………….…………….. 1 2. Introduction…………………………………………………….. 2 3. Definition of the Investment Policy and Procedures…….……… 4 4. Monitoring and Control…………….…………………………... 9 5....

... Requirements Relating to the Sale of ILAS to Enhance Customer Protection 2. Appendix A: ILAS Product Sales Flow (New Application) 3. Appendix B: Financial Needs Analysis (“FNA”) Form 4. Appendix C1: Important Facts Statement and the Applicant’s Declarations (Complex charge structure version for upfront and...

... Committee, is likely to deceive, mislead or confuse and in particular shall not import the name of an insurance company or of an insurance organization.” 2. The CIB Register of Members is open to the public for inspection, and it records and publishes only the Registered Names but not any Other Names. 3. It...

... tax deduction1. The Government announced in the 2018-19 Budget tax incentive of up to $60,000 per year2 for deferred annuity policies. To allow flexibility for couples to benefit from the entitlement, they could enjoy a combined limit of $120,000 per year. “The tax incentive...

... 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...

... 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...

... 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...