... income assets, the insurer should assume the shock applied as the average of rating band 4 and 5. 4 For example, for a BBB bond with maturity of 6 years, the increase of credit spread would be 220bps as at valuation date, 220bps x 50% at projection year 1, 220bps x 25% at projection year 2 and 0bps at...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf -
Date: 2021-12-10
... income assets, the insurer should assume the shock applied as the average of rating band 4 and 5. 4 For example, for a BBB bond with maturity of 6 years, the increase of credit spread would be 220bps as at valuation date, 220bps x 50% at projection year 1, 220bps x 25% at projection year 2 and 0bps at...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf -
Date: 2021-09-09
... methodology that “Level 2” of the two subjects attained under the new reporting system be comparable to “Grade E” of the old system, hence equivalent to a pass in that subject at the Hong Kong Certificate of Education Examination. The specification of acceptable documentary proof is aligned accordingly and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN6_on_Doc_Proof_of_Edu_Attainment_15_3_2012_eg19.pdf -
Date: 2019-12-20
... GL18 GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF AUTHORIZED INSURERS UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Scope of Application 1 3. Considerations in Exercising IA’s Power to Impose Pecuniary Penalty 2 4....
https://www.ia.org.hk/english/legislative_framework/files/GL18.pdf -
Date: 2020-09-24
... insurers for accumulation with non‐guaranteed interest rate. In this connection, projection under optimistic and pessimistic scenarios for non‐guaranteed element are required. Q 2. For policies with policy loan facility, should policy loan projection be included in the illustration? A...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/7.Q_and_A_on_GNs_on_Illustration_Document.pdf -
Date: 2019-12-20
... Insurance Intermediaries Qualifying Examination – Paper III P 1 of 4 Candidates are recommended to study the 2017 Edition of the Study Notes (with Update (August 2018) & Update2 (August 2019)) for examinations to be held from 2 December 2019 onwards. Insurance Intermediaries Qualifying Examination...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/LT_syl_eng_2019_file4.pdf -
Date: 2019-12-02
... this Guidance Note on Conducting “Know Your Client” Procedures for Long Term Insurance Business (Including Linked Long Term Insurance). Background CIB Membership Regulation 14.7.2 requires our Members and their Chief Executive and Technical Representatives to use a suitable confidential questionnaire...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN4_on_Cond_KYC_Incl_LLT_Ins_v2_8_4_2014_eg19.pdf -
Date: 2019-12-20
... Federation of Insurers for inviting me to this lunch gathering, to meet with all of you and to share with you the mission of the Independent Insurance Authority and the challenges it faces in paving the way for scaling new heights with the insurance industry of Hong Kong in the new economy. 2. When I was...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160421_HKFIlunchtalk.pdf -
Date: 2021-12-09
... Federation of Insurers for inviting me to this lunch gathering, to meet with all of you and to share with you the mission of the Independent Insurance Authority and the challenges it faces in paving the way for scaling new heights with the insurance industry of Hong Kong in the new economy. 2. When I was...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160421_HKFIlunchtalk.pdf -
Date: 2021-09-08
... Federation of Insurers for inviting me to this lunch gathering, to meet with all of you and to share with you the mission of the Independent Insurance Authority and the challenges it faces in paving the way for scaling new heights with the insurance industry of Hong Kong in the new economy. 2. When I was...
https://www.ia.org.hk/english/infocenter/files/Section6.2_160421_HKFIlunchtalk.pdf -
Date: 2020-06-12