... on today’s agenda. According to a recent market report, the total value of global Insurtech funding reached US$2.3 billion in 2017, representing a 32 percent increase over 2016. I am glad to see the progressive development of technological advanced solutions in Hong Kong’s insurance industry. For...

... to whom the applicant places his client's business and the respective shares of brokerage income derived from these insurers: % of Total Name of Insurers Brokerage Income 1. 2. 3. 4. 5. 2. Names and addresses of the applicant's principal bankers: 3. (i) If the applicant is a limited company, state...

... collectively have sufficient expertise to understand the important issues related to investment policy and should ensure that all individuals conducting and monitoring investment activities have sufficient levels of knowledge and experience. 3.8. At least annually, the Board should review the adequacy of its...

... result layout Base Case Year 04 Year 1 Year 2 Year 3 PCR 1,026,762 1,085,030 1,069,696 1,106,633 Eligible Capital Resources 1,637,685 1,761,224 1,802,525 1,880,574 PCR Solvency Ratio 160% 162% 169% 170% Target Solvency Ratio above 150% 150% 150% 150% Scenario X Year 0 Year 1 Year 2 Year 3 Before...

...,685 1,761,224 1,802,525 1,880,574 PCR Solvency Ratio 160% 162% 169% 170% Target Solvency Ratio above 150% 150% 150% 150% Scenario X Year 0 Year 1 Year 2 Year 3 Before Management Actions PCR 1,140,762 1,132,530 1,016,496 1,053,433 Eligible Capital Resources 1,257,685 1,381,224 1,422,525 1,500,574 PCR...

...,685 1,761,224 1,802,525 1,880,574 PCR Solvency Ratio 160% 162% 169% 170% Target Solvency Ratio above 150% 150% 150% 150% Scenario X Year 0 Year 1 Year 2 Year 3 Before Management Actions PCR 1,140,762 1,132,530 1,016,496 1,053,433 Eligible Capital Resources 1,257,685 1,381,224 1,422,525 1,500,574 PCR...

... Management 7 More active ALM to manage mismatch risk Duration Yield Currency Improve Policy Holders’ Protection To protect the interests of policy holders while ensuring insurers remain solvent to meet its future obligations I N S U R A ECN I K R 8 Maintain Global Competitiveness Enhance HK regime’s...

... Management 7 More active ALM to manage mismatch risk Duration Yield Currency Improve Policy Holders’ Protection To protect the interests of policy holders while ensuring insurers remain solvent to meet its future obligations I N S U R A ECN I K R 8 Maintain Global Competitiveness Enhance HK regime’s...

... conducted.   Date Issue Topical Regulatory Issues Dec 2023 Issue 8 CPD - twelve months later! The "...