... IAA leaflet_2020_v1 Table 1: Under the Insurance Ordinance, with effect from 1 January 2018, levies for insurance premiums are payable by policy holders to the Insurance Authority (IA) through their insurance companies. To reduce the impact on policy holders and to allow time for adaptation, an...

... IAA leaflet_2020_v1 Table 1: Under the Insurance Ordinance, with effect from 1 January 2018, levies for insurance premiums are payable by policy holders to the Insurance Authority (IA) through their insurance companies. To reduce the impact on policy holders and to allow time for adaptation, an...

... broker company (as the case may be) is required to complete during the First and Second CPD Assessment Periods (i.e. by 31 July 2021). Please note that each CPD List assumes that the appointed individual licensees named on the list will continue to be appointed by the relevant insurer, agency or broker...

... broker company (as the case may be) is required to complete during the First and Second CPD Assessment Periods (i.e. by 31 July 2021). Please note that each CPD List assumes that the appointed individual licensees named on the list will continue to be appointed by the relevant insurer, agency or broker...

... (increased by 9.7%), mainly comprising $457.1 billion of Individual Life and Annuity (Non-Linked) business (increased by 15.3%), $27.7 billion of Individual Life and Annuity (Linked) business (decreased by 20.5%), as well as $33.8 billion of Retirement Scheme business (decreased by 19%). On the...

... Interpretation Notes Page 1 of 10 Interpretation Notes Guideline on Long Term Insurance Policy Replacement (GL27) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of...

... Interpretation Notes Page 1 of 10 Interpretation Notes Guideline on Long Term Insurance Policy Replacement (GL27) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of...

... reference to the Rules only, and to seek legal or professional advice if there is any doubt regarding the application of the Rules. 2. Overview of the Insurance (General Business) (Valuation) Rules 2.1 The Rules were made by the Insurance Authority (“IA”) and gazetted on 21 April 2017. Its application is...

... Implementation Support Group (“HKIISG”), a forum for members to raise and discuss questions on implementing HKFRS 17. The Insurance Authority encourages authorized insurers to continue making use of the HKIISG and to ensure timely implementation of HKFRS 17. The letter of HKICPA to the industry on Amendments to...

... done in developing the risk-based capital regime for Hong Kong (“HKRBC”) through the industry’s participation in the third quantitative impact study and the additional insight this provides, for practical supervisory purposes, on the capital position of long term authorized insurers based on their risk...