... Industry Advisory Committees The Insurance Authority ("IA") is required by law to set up two industry advisory committees (“IACs”) to advise it on matters in relation to long term business and general business respectively. Members...

... (Valuation and Capital) Rules set out the detailed capital adequacy requirements and prescribe the valuation of assets and liabilities of insurers under the RBC regime, whereas the draft Insurance (Submission of Statements, Reports and Information) Rules stipulate the types of returns, as well as frequency...

... Ordinance (Cap. 41) (“the Ordinance”) with reference to the requirements set out in the Insurance Core Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors. It sets out prudent practices pertinent to reinsurance management...

... Insurance Industry (“FTF”) has been set up to work hand in hand with the IA in exploring the future of the insurance industry. The FTF, chaired by Dr Moses Cheng, Chairman of the IA, comprises experts and professionals from the insurance industry and the academia.  Apart from...

... Note is to set out general guidance on the Insurance Authority’s expectations regarding the steps that a designated insurance holding company (“DIHC”) should take pursuant to particular provisions of the Insurance Ordinance (Cap. 41) and the Guideline on Group Supervision (GL32), in respect of “closely...

... compilation of statistics by the IA. To facilitate the submission process, the IA has developed a set of spreadsheet-based templates to assist insurers with the completion of returns and compliance with relevant requirements. The enhancements serve to streamline and standardize the information submitted by...

... compilation of statistics by the IA. To facilitate the submission process, the IA has developed a set of spreadsheet-based templates to assist insurers with the completion of returns and compliance with relevant requirements. The enhancements serve to streamline and standardize the information submitted by...

... outstanding dedication of boards and directors and promote exemplary standards in corporate governance and director professionalism. Nominations are open to the public and are processed according to a stringent set of procedures. Ends ...

... February 2018 and will come into operation on 1 March 2018. The Amendment Ordinance is available on the Government’s website (http://www.gld.gov.hk/egazette/pdf/20182205/es1201822054.pdf). You are reminded to review the Amendment Ordinance and ensure compliance with its requirements, including those set...

... Insurance Company Limited。在本統計數字中，有關RL360 Life Insurance Company Limited的統計數字包括該公司本身的數字及與該轉讓業務在轉讓後的相關數字。 The Class C of Hong Kong long term business of Scottish Widows Limited was partly transferred to RL360 Life Insurance Company Limited in the second quarter of 2017. In this set of statistics, the figures...