... the aggregate net reinsurance recoverable due from all such related reinsurers to 10% of the ceding insurer’s Net Assets Amount; and (b) for an authorized insurer referred to in paragraph 2.1(c) above, notwithstanding whether that insurer is also subject to the impact assessment made under (a), the IA...
https://www.ia.org.hk/english/legislative_framework/files/GL12.pdf -
Date: 2020-09-24
... be at least 10 years and reaches its maturity. The second one is “lifetime” or “whole life”, in which the annuity payment will be distributed as a stream of lifelong income without a fixed duration until the insured passes away. However, it should be noted that even with the...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/qdap_tool.html -
Date: 2023-02-23
... Limited 6. Asia Capital Reinsurance Group Pte. Ltd. 7. Atradius Credit Insurance N.V. 8. AXA 9. BEA Life Limited 10. BlackRock, Inc 11. Blue Cross (Asia-Pacific) Insurance Limited 12. BOC Group Life Assurance Company Limited 13. C.F. Yam 14. Chevalier Insurance Company Limited 15. China Ping An Insurance...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_conclusions.pdf -
Date: 2019-09-03
... three “specified relatives”) and the taxpayer is the policyholder of these policies, then the annual deduction ceiling would be $32,000 (i.e. $8,000 x 4) for the qualifying premiums paid. (c) Administration of the VHIS The VHIS is administered by the Voluntary Health Insurance Scheme Office (“VHIS...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... enforcement functions carried out by the self-regulatory bodies so as to ensure the functions are carried out satisfactorily; and to liaise with the insurance industry including the self-regulatory and professional bodies. 10. The FRC is a body corporate established pursuant to the FRCO. Its main functions...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mou-frc-20071219.pdf -
Date: 2020-09-28
... enforcement functions carried out by the self-regulatory bodies so as to ensure the functions are carried out satisfactorily; and to liaise with the insurance industry including the self-regulatory and professional bodies. 10. The FRC is a body corporate established pursuant to the FRCO. Its main functions...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mou-frc-20071219.pdf -
Date: 2021-11-01
... enforcement functions carried out by the self-regulatory bodies so as to ensure the functions are carried out satisfactorily; and to liaise with the insurance industry including the self-regulatory and professional bodies. 10. The FRC is a body corporate established pursuant to the FRCO. Its main functions...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mou-frc-20071219.pdf -
Date: 2021-09-01
... enforcement functions carried out by the self-regulatory bodies so as to ensure the functions are carried out satisfactorily; and to liaise with the insurance industry including the self-regulatory and professional bodies. 10. The FRC is a body corporate established pursuant to the FRCO. Its main functions...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/mou-frc-20071219.pdf -
Date: 2020-06-19
... include: private or public reprimand; pecuniary penalty not exceeding the greater of HK$10 million or 3 times the profit gained or loss avoided as a result of the contravention; suspension of licence; revocation of licence; prohibition of...
https://www.ia.org.hk/english/enforcement/lii/iis.html -
Date: 2021-09-13