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... 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...
https://www.ia.org.hk/english/legislative_framework/files/Appendix_1.docx - Date: 2020-09-24
... 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...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL26_Appendix_1_Eng.docx - Date: 2020-06-24
... offer 32 temporary positions under various functions of the IA, including supervision, licensing, complaint handling and administrative support, for an employment period of up to 12 months. The openings available under the Programme can be found on its dedicated webpage. Ends ...
https://www.ia.org.hk/english/infocenter/press_releases/20201207.html - Date: 2020-12-07
... regulatory regime for licensed insurance agencies As you will be aware, the direct regulatory regime for licensed insurance intermediaries, as set out in the Insurance Ordinance (Cap. 41) (“Ordinance”) has been in effect for just over one year now, having commenced on 23 September 2019. Based on our...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_Agencies_dd_18122020.pdf - Date: 2020-12-21
... be taken today to minimize this disparity between requirements. Because the impact of the implementation of Solvency II on Israeli insurance companies is unclear, we propose to establish, as a target for the capital required of Israeli insurance companies, an amount of capital that reflects the...
https://www.ia.org.hk/english/infocenter/files/circulars01.pdf - Date: 2019-09-03
... be taken today to minimize this disparity between requirements. Because the impact of the implementation of Solvency II on Israeli insurance companies is unclear, we propose to establish, as a target for the capital required of Israeli insurance companies, an amount of capital that reflects the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/circulars01.pdf - Date: 2019-09-10
...: [email protected] Ref : Mv037/13 By Fax & By Email To : Authorized Representatives of Life Insurance Members selling ILAS Products cc : The Commissioner of Insurance From : Roger Steel, Chairman, Life Insurance Council Date : 22 April 2013 Subject : Updated Requirements Relating to the Sale of Investment Linked...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3_HKFI_ILAS_Requirements_v3_22_4_2013_20190823.pdf - Date: 2019-12-20
... examined. MPG refers to the difference between the actual protection needs and financial resources available. The larger the mortality protection gap, the more dependent(s) would be unable to maintain the same living standard using the financial resources on hand. ...
https://www.ia.org.hk/english/infocenter/files/Mortality_Gap_Report_Synopsis_eng.pdf - Date: 2021-12-14
... Future Task Force of the Insurance Industry Virtual Meeting of the Working Group on Embracing Fintech in Hong Kong 12 October 2020 Theme: Weathering the Impact of COVID-19 with Technologies Time Duration Programme 10:15-10:20 5 mins Welcome remarks Dr Moses Cheng, Chairman, Insurance Authority (IA...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Programme_rundown_Oct_2020.pdf - Date: 2020-10-12