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⏭... Needs Analysis (“FNA”) and Updated Requirements Relating to the Sale of Investment Linked Assurance Scheme (“ILAS”) to Enhance Customer Protection In my capacity as Chairman of the Life Insurance Council under the Hong Kong Federation of Insurers (“HKFI”), I am pleased to invite you to observe the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_HKFI_Initiative_on_FNA_v5_14_7_2015_20190823.pdf -
Date: 2019-12-20
[HTML]
Details of the Pilot Insurance‑linked Securities Grant Scheme announced by the Insurance Authority
... Scheme) promulgated in the 2021-22 Budget. The Grant Scheme provides an incentive for insurance companies and organisations to issue insurance-linked securities (ILS) in Hong Kong, while efforts are being made in parallel to map out a new regulatory scheme for Special Purpose Insurers set up in...
https://www.ia.org.hk/english/infocenter/press_releases/20210503_1.html -
Date: 2021-05-03
... authorized long-term insurers announcing the extension of temporary facilitative measures for non-face-to-face distribution of specific protective insurance products to 31 March 2021. The scope of products covered and the implementation details of the measures remain unchanged. Products covered by...
https://www.ia.org.hk/english/infocenter/press_releases/20201202.html -
Date: 2020-12-02
[PDF]
Rundown_170831.pdf
... Combined Meeting of the Working Groups on (A) Risk-based Capital Regime for Insurance Industry and (B) Promoting Positive Image of Insurance Industry 31 August 2017 Combined Meeting of the Working Groups on (A) Risk-based Capital Regime for Insurance Industry and (B) Promoting Positive Image of...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Rundown_170831.pdf -
Date: 2018-08-01
... Requirements on Captive Insurers In Hong Kong, a captive insurer is legally defined under the Insurance Ordinance (Cap. 41) as an insurer which carries on general insurance business only and its business (i) does not relate to any liabilities or risks in...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/requirements_captive_insurers.html -
Date: 2020-04-28
... extension of the Pilot Insurance-linked Securities Grant Scheme (Grant Scheme)1 for two years and the Pilot Programme to Enhance Talent Training for the Insurance Sector (Talent Training Programme)2 for three years respectively. “The National 14th Five-Year Plan has clearly...
https://www.ia.org.hk/english/infocenter/press_releases/20230222.html -
Date: 2023-02-22
[HTML]
QDAP
... You can select a currency other than HKD as the policy currency if available under the QDAPs, which means you will pay the premium and receive the annuity income payments in that currency. In addition to the impact on the internal rate of return (IRR) brought by the currency itself, the exchange rate...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/qdap_tool.html -
Date: 2023-02-23
... notice. Hotline services and email responses to enquiries and complaints will continue as normal. Except those skeleton staff, IA staff will continue to work from home. The IA will keep reviewing the situation and will announce any updates on the IA website. Ends ...
https://www.ia.org.hk/english/infocenter/press_releases/20200425.html -
Date: 2020-04-25
... Quarterly Release of Provisional Statistics for Long Term Business 2023 January 2023 to March 2023 (New Business # and In-force Business * ) [PDF] [EXCEL] January 2023 to June 2023 (New Business # and In-force Business * ) [PDF...
https://www.ia.org.hk/english/infocenter/statistics/market_7_2023.html -
Date: 2023-11-30