... 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...

... 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...

... bottom performer has a margin of -68.2%. The median underwriting margin is -6.8% with the 1st quartile and the 3rd quartile being -32.5% and 1.0% respectively. We hope these key market indicators can help you better understand the overall performance and characteristics of the statutory classes of...

... 2019/2020 and 2020/2021 CPD Assessment Periods The IA has decided to merge the CPD assessment period for 23 September 2019 to 31 July 2020 (“the First CPD Assessment Period”) with the CPD assessment period for 1 August 2020 to 31 July 2021 (“the Second CPD Assessment Period”). This means as follows-...

... the continuing practical difficulties encountered by individual licensees in completing CPD hours due to the ongoing vigilance required with the COVID-19 situation, by circular dated 12 June 2020, the IA has taken the further facilitative measures as set out below. (a) Merger of the 2019/2020 and 2020...

... 2019/2020 and 2020/2021 CPD Assessment Periods The IA has decided to merge the CPD assessment period for 23 September 2019 to 31 July 2020 (“the First CPD Assessment Period”) with the CPD assessment period for 1 August 2020 to 31 July 2021 (“the Second CPD Assessment Period”). This means as follows-...

... 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...