... 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...

... 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...

... the solvency position. RBC Framework • Solvency requirements reflect the riskiness of investments. • Encourages better due diligence on investments and ALM. • Provides a holistic view to quantitatively evaluate assets and liabilities on a consistent, comparable, economic value basis. 6 Asset-Liability...

... the solvency position. RBC Framework • Solvency requirements reflect the riskiness of investments. • Encourages better due diligence on investments and ALM. • Provides a holistic view to quantitatively evaluate assets and liabilities on a consistent, comparable, economic value basis. 6 Asset-Liability...

... Anti-Money Laundering and Counter-Terrorist Financing Investigation The Insurance Authority ("IA") is the relevant authority in relation to insurance institutions ("IIs"), which include authorized insurers and reinsurers carrying on...

... year 2017 saw us move one step closer to our goal of building a more holistic and modern regulatory regime for the insurance industry in Hong Kong,” said Dr Moses Cheng, Chairman of the IA. “On 26 June 2017, the IA replaced the Office of the Commissioner of Insurance (OCI), a Government...

... the solvency position. RBC Framework • Solvency requirements reflect the riskiness of investments. • Encourages better due diligence on investments and ALM. • Provides a holistic view to quantitatively evaluate assets and liabilities on a consistent, comparable, economic value basis. 6 Asset-Liability...

... comprehensive review of the Study Notes. As you may be aware, The Insurance Complaints Bureau (‘ICB’) was inaugurated on 16 January 2018 to supersede The Insurance Claims Complaints Bureau (‘ICCB’) in providing an alternative dispute resolution mechanism to help resolve insurance-related disputes of a monetary...

... 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...

... licensees to the IA. II. INFORMATION ON CPD HOURS AVAILABLE IN IIC Individual licensees can view the number of CPD hours they are required to earn for the Assessment Period 2021/2022 and their reported compliance status by logging into their IIC individual accounts and clicking the “CPD Requirement and...