... reinsurers. The risks involved in investment assets have a critical impact on the profitability and stability of Israeli insurance companies. In 2006, income from investment assets constituted more than 60% of the insurance companies’ pre-tax profits. The strength of their impact was reflected in, inter alia...

... reinsurers. The risks involved in investment assets have a critical impact on the profitability and stability of Israeli insurance companies. In 2006, income from investment assets constituted more than 60% of the insurance companies’ pre-tax profits. The strength of their impact was reflected in, inter alia...

... 17 September 2021 Our Ref: MC/CPD/CIR By email only To: Chief Executives of all authorized insurers, Responsible Officers of all licensed insurance agencies and licensed insurance brokers companies Dear Sirs, FAQs on CPD Penalty Framework and CPD Compliance Reporting In our circular dated 23 July...

... the global competitiveness of our insurance industry whilst strengthening protection for policy holders. I am glad that he would continue to support us on this journey,” said Dr Moses Cheng, Chairman of the IA. “It is my pride and honour to be given an opportunity to serve the...

... GL15 GUIDELINE ON UNDERWRITING CLASS C BUSINESS Insurance Authority Contents Page 1. Introduction ……………………………………………… 1 2. Relevant Regulatory Documents…………………………. 1 3. Purpose…………………………………………………... 2 4. Duties of the Board of Directors, the Controller and the Appointed Actuary……………………………………….. 3...

... Organizations 1 (“SROs”) on 23 September 2019 (“Commencement Date”), with the Insurance Companies (Amendment) Ordinance 2015 (Commencement) Notice 2019 to be gazetted in May 2019 to complete the prerequisite. The takeover will mark a major milestone and a reformatory change for the insurance industry as the IA...

... Insurance Authority to move to long-term office in Wong Chuk Hang next month 20 November 2017 The Insurance Authority (IA) today (20 November 2017) announced that it will move to a long-term office in Wong Chuk Hang on 18 December 2017 (Monday). Its...

... comprehensively as possible on their journey. When should you buy travel insurance? Outbound travellers should buy travel insurance as soon as their itinerary is confirmed and they have made a payment or deposit for the trip, as the coverage commences only when the policy is approved. If...

... Charges: Some fees/charges will be deducted from the premiums you pay and/or your ILAS policy value, and will reduce the amount available for investment. Accordingly, the return on your ILAS policy as a whole may considerably be lower than the return of the underlying/reference funds you selected. For...