... growth of total gross premiums by 4.9% to $608.4 billion over 2019. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue premiums of in-force long term business were $548.1 billion in 2020 (increased by 4.5%), mainly...

... reached $41.7 billion (increased by 74.2%). On new business, new office premiums (excluding Retirement Scheme business) of long term business were $162.2 billion (increased by 3.7%), including $144.1 billion from Individual Life and Annuity (Non-Linked) business (increased by 0.8%) and $17.4...

... Koon, Honoured Guests, colleagues and friends, Ladies and Gentlemen, good afternoon! 1. It is my great honour and pleasure to join you at this first Insurance Summit. Thank you so much for the opportunity to address you on the topic “The IIA – A Partner in the Sustainable Growth of the Insurance...

... certain policies exempt from the levy by law , policy holders of all new or in-force life insurance policies and general insurance policies (such as travel, motor, property and household insurance) must pay the levy along with their premium payment. Levy rates and cap To reduce the impact on policy...

... Koon, Honoured Guests, colleagues and friends, Ladies and Gentlemen, good afternoon! 1. It is my great honour and pleasure to join you at this first Insurance Summit. Thank you so much for the opportunity to address you on the topic “The IIA – A Partner in the Sustainable Growth of the Insurance...

... certain policies exempt from the levy by law , policy holders of all new or in-force life insurance policies and general insurance policies (such as travel, motor, property and household insurance) must pay the levy along with their premium payment. Levy rates and cap To reduce the impact on policy...

... Koon, Honoured Guests, colleagues and friends, Ladies and Gentlemen, good afternoon! 1. It is my great honour and pleasure to join you at this first Insurance Summit. Thank you so much for the opportunity to address you on the topic “The IIA – A Partner in the Sustainable Growth of the Insurance...

... Annual Compliance Certification Guideline on Anti-Money Laundering and Counter-Terrorist Financing (November 2018 version) (“the Guideline”) i issued under S7 of the AMLO and S133 of the IO (Only applicable to Member engaged in Long Term Insurance Business) This is to certify that: 1 A Compliance...

... GL4 GUIDELINE ON “FIT AND PROPER” CRITERIA UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction ………………………..………………….…. 1 2. Approval / No Objection / Notification Requirements for Appointments of Certain Positions ……....…………....……………….........…....…………… ….... 1...

... INFORMATION Copyright © 2020 InvestHK and Insurance Authority. All rights reserved. Regulatory requirements on captive insurers Regulatory requirements on insurers Insurtech Facilitation Team Fast track for applications for authorizations of new insurers owning and operating solely digital distribution...