... (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...

... 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...

... Kong 5 Authorization and On-going Regulatory Requirements • Long term commitment to the HK insurance industry • Meet all our basic authorization requirements and other on-going regulatory requirements applicable to GI insurers e.g. capital, staff expertise and resources, continuous financial support...

... Legislative and Regulatory Framework An Overview of the Regulatory Framework...

... Important Notes Before You Proceed Important Notes Before you ProceedReturn SubmissionDownload AreaEnquiryFAQsNotes on collection of Levy on Insurance PremiumSystem Maintenance Schedule   The periods for return submission in each year...

... long term insurance business (“Prescribed Scenarios”) in relation to Guideline on Enterprise Risk Management (“GL21”) has been published today as enclosed (See Appendix 1). The Prescribed Scenarios shall be adopted for the first Own Risk and Solvency Assessment (“ORSA”) Report, which is required for...