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... intermediaries wishing to be engaged in the Long term (including Linked Long Term) Insurance Intermediary Business will be required to pass, among others, the enhanced version of the Investment-linked Long Term Insurance Examination Paper, unless otherwise exempted. A transitional arrangement for the period from...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN7on_Adm_Framework_IIQE_for_ILLT_Ins._v1_8_12_09_eg19.pdf - Date: 2019-12-20
... more and more customer-focused. This circular supersedes the “Initiative on Needs Analysis” and will take effect on 1 January 2015. Requirements: 1) Every application for new life insurance policy must be accompanied by a financial needs analysis (“FNA”) form. The FNA must include all the questions and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_HKFI_Initiative_on_FNA_v4_20190823.pdf - Date: 2019-12-20
... • Risk-sensitive capital requirements so that insurers that present greater risk to policyholders must carry more capital. • Enhance risk measurement, risk transfer and capital management as well as foster a sound risk culture within the insurance organisation. Pillar 2 – Qualitative Requirements Enterprise Risk...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf - Date: 2021-12-09
... • Risk-sensitive capital requirements so that insurers that present greater risk to policyholders must carry more capital. • Enhance risk measurement, risk transfer and capital management as well as foster a sound risk culture within the insurance organisation. Pillar 2 – Qualitative Requirements Enterprise Risk...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf - Date: 2021-09-08
... • Risk-sensitive capital requirements so that insurers that present greater risk to policyholders must carry more capital. • Enhance risk measurement, risk transfer and capital management as well as foster a sound risk culture within the insurance organisation. Pillar 2 – Qualitative Requirements Enterprise Risk...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf - Date: 2020-06-12
... 3 January 2019 Our Ref: INS/TEC/6/20/6 Subfile IV By email only To: Chief Executives of all authorized insurers Dear Sirs, Consultation on the Revised Draft Guideline on Enterprise Risk Management The Insurance Authority (“IA”) conducted a consultation on the draft Guideline on Enterprise Risk...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190103.pdf - Date: 2019-11-29
... PowerPoint Presentation Insurance Regulation in Hong Kong John Leung CEO, Insurance Authority 10 October 2017 2 The Insurance Authority • A new independent insurance regulator to comply with the requirement of the International Association of Insurance Supervisors (IAIS) • New regulatory...
https://www.ia.org.hk/english/infocenter/files/Pan_Asian_Regulatory_Insurance_Summit.pdf - Date: 2021-12-09
... PowerPoint Presentation Insurance Regulation in Hong Kong John Leung CEO, Insurance Authority 10 October 2017 2 The Insurance Authority • A new independent insurance regulator to comply with the requirement of the International Association of Insurance Supervisors (IAIS) • New regulatory...
https://www.ia.org.hk/english/infocenter/files/Pan_Asian_Regulatory_Insurance_Summit.pdf - Date: 2021-09-08
... PowerPoint Presentation Insurance Regulation in Hong Kong John Leung CEO, Insurance Authority 10 October 2017 2 The Insurance Authority • A new independent insurance regulator to comply with the requirement of the International Association of Insurance Supervisors (IAIS) • New regulatory...
https://www.ia.org.hk/english/infocenter/files/Pan_Asian_Regulatory_Insurance_Summit.pdf - Date: 2020-06-12