... is authorized; and annually upon the anniversary of such date (hereinafter referred to as “payment due date”). The Insurance (Authorization and Annual Fees) Regulation (Cap. 41C) (“the Regulation”) sets out the prescribed fees. 2. With effect from 26 June 2017, the fee payable upon authorization and...

... is authorized; and annually upon the anniversary of such date (hereinafter referred to as “payment due date”). The Insurance (Authorization and Annual Fees) Regulation (Cap. 41C) (“the Regulation”) sets out the prescribed fees. 2. With effect from 26 June 2017, the fee payable upon authorization and...

...) (Amendment) Regulation 2002 which was published in the Gazette (Legal Number 134 of 2002 of Legal Supplement No. 2) and came into effect on 19 July 2002. A copy of the Regulation is enclosed at Annex I. The Regulation is made under the United Nations Sanctions Ordinance which seeks to extend the...

... long term insurance business (“Prescribed Scenarios”) in relation to Guideline on Enterprise Risk Management (“GL21”) has been published today as enclosed (See Appendix 1). The Prescribed Scenarios shall be adopted for the first Own Risk and Solvency Assessment (“ORSA”) Report, which is required for...

... long term insurance business (“Prescribed Scenarios”) in relation to Guideline on Enterprise Risk Management (“GL21”) has been published today as enclosed (See Appendix 1). The Prescribed Scenarios shall be adopted for the first Own Risk and Solvency Assessment (“ORSA”) Report, which is required for...

... Representative (Broker) Licensed Insurance Broker Company Compliance with the education requirements as specified in the Guideline on “Fit and Proper” Criteria for Licensed Insurance Intermediaries under the Insurance Ordinance (Cap. 41...

... Insurance-linked Securities (“ILS”) ILS are risk management tools allowing insurers and reinsurers to seek alternative capital by offloading insured risks to the capital markets through securitization. As a global risk management centre and insurance...

... Lloyd's and the members of Lloyd's taken together shall comply with the requirements under the special provisions relating to Lloyd's as contained in Part VII of the Insurance Ordinance (Cap. 41) (“IO”). The requirements include: solvency margin requirement...

... regulatory or non-regulatory duties and assignments of IA. 2. Cross Division Exposure Trainees will gain exposure to various functions through Learning & Development activities. 3. Professional Training...