... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...

...): Contact Details: Question 1 Do you agree with the proposed scope of eligible investors for ILS? Are there any types of investors which may be added or excluded? Question 2 Do you agree with the proposed minimum investment size for ILS? If not, what are the reasons? Question 3 Do you agree with the...

... payment period was 10 years. The policy with shortest annuity period was 10 years while the longest was lifelong. The minimum issue age was 18 while the maximum was 80.   2. Assess your personal needs The purpose of taking out a QDAP and individual circumstances vary from...

... powers under Section 35(2)(b) of the Insurance Ordinance (Cap.41) to appoint Mr Derek Lai and Mr Forrest Kam of Deloitte Touche Tohmatsu as the Joint and Several Managers (the Managers) to take full control of the affairs and property of Target Insurance Company Limited (Target) in order to maintain...

... the Insurance Authority’s circular issued on 2 February 2018 which mentions, among other things, the issuance of early alerts on United Nations Security Council (“UNSC”) sanctions resolutions and sanctions lists, we are writing to draw your attention to another new arrangement by the Hong Kong...

... stakeholders. The Hong Kong Institute of Certified Public Accountants (“HKICPA”) also conducts public consultation on those IASB proposals for comments by 19 August 2019.2 To facilitate us to understand the implementation activities of authorized insurers, we would like to enlist your support for the Second...

... Long Term Business Quarterly Returns Attachment: Annex 1 - Quarterly Returns Attachment: Annex 2 - Format of Individual Insurers' Statistics 8...

... reference, these are summarised at Schedule 1. 2. “Council” means the appointed and ex-officio members of the FRC. 3. “Enquiry” means an enquiry initiated by the Council under section 40 of the FRCO. 4. “FRCO” means the Financial Reporting Council Ordinance, Cap.588. 5. “ICO” means the Insurance Companies...

... reference, these are summarised at Schedule 1. 2. “Council” means the appointed and ex-officio members of the FRC. 3. “Enquiry” means an enquiry initiated by the Council under section 40 of the FRCO. 4. “FRCO” means the Financial Reporting Council Ordinance, Cap.588. 5. “ICO” means the Insurance Companies...

... reference, these are summarised at Schedule 1. 2. “Council” means the appointed and ex-officio members of the FRC. 3. “Enquiry” means an enquiry initiated by the Council under section 40 of the FRCO. 4. “FRCO” means the Financial Reporting Council Ordinance, Cap.588. 5. “ICO” means the Insurance Companies...