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rbc_consultation_faq.pdf
... Risk-based Capital Framework for Insurance Industry of Hong Kong Risk-based Capital Framework for Insurance Industry of Hong Kong Frequently Asked Questions Q1 What are the differences between a risk-based capital (RBC) framework and the existing rule-based regime? A1 Currently, the Insurance...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_faq.pdf -
Date: 2019-09-03
... weeks (30 March to 13 April). However, enquiry and complaint hotline services will continue as normal, and their operating hours are set out on the IA website. Email responses to enquiries and complaints will also continue as normal. Except those skeleton staff, IA staff will work from home in...
https://www.ia.org.hk/english/infocenter/press_releases/20200328.html -
Date: 2020-03-28
... weeks (14 to 26 April). However, enquiry and complaint hotline services will continue as normal, and their operating hours are set out on the IA website. Email responses to enquiries and complaints will also continue as normal. Except those skeleton staff, IA staff will work from home in the...
https://www.ia.org.hk/english/infocenter/press_releases/20200411.html -
Date: 2020-04-11
... individual who is granted a licence under section 64Y of the IO to carry on regulated activities in one or more lines of business, as an agent of any licensed insurance agency. Responsible Officer Under section 64ZE of the IO, a licensed insurance agency should appoint a fit and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/the_system.html -
Date: 2020-04-17
... term business The total amount of revenue premiums of long term in-force business was $265.3 billion in the first half of 2019 (increased by 17.5%). Revenue premiums of Individual Life and Annuity (Non-Linked) business were $232 billion (increased by 20.5%) while those of Individual Life and...
https://www.ia.org.hk/english/infocenter/press_releases/20190830.html -
Date: 2021-09-03
[HTML]
Introduction
... insurers. They may not be the same as the insurer’s investment returns. The payout is affected by the insurer’s investment strategy and performance, claim experience, operational expenses, etc. The final payout may be higher or lower than the projected payout illustrated in the benefit...
https://www.ia.org.hk/english/participating_policy/index.html -
Date: 2024-01-18
... Property Damage business resulting from the absence of any major typhoons. As at 31 December 2019, gross and net claims incurred by authorized insurers due to the social events were HK$1,292 million and HK$411 million respectively. Premium growth was mainly driven by the growth in Property Damage business...
https://www.ia.org.hk/english/infocenter/statistics/files/Market_Overview_ENG_2019.pdf -
Date: 2020-09-30
... Interpretation Notes Page 1 of 2 Interpretation Notes Guideline on Cooling-off Period (GL29) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline on...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL29.pdf -
Date: 2020-09-24