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Insurance Authority extends the validity of temporary facilitative measures to 31 December 2020
... protection of policy holders. The IA has been encouraging insurers to expedite the adoption of Insurtech to combat challenges arising from the COVID-19 pandemic. Apart from distribution with the temporary facilitative measures, insurers can also apply under the Insurtech Sandbox to conduct trials...
https://www.ia.org.hk/english/infocenter/press_releases/20200904.html -
Date: 2020-09-04
... period should be closer to what the insurers expected in accordance with their set investment strategy. It should be noted that this may not be the case in extreme financial market situations. As participating policies are long term in nature, the ratio in the later policy years may, in general...
https://www.ia.org.hk/english/fulfillment_ratio/how_to_interpret_fulfillment_ratio.html -
Date: 2024-01-17
[PDF]
GL18.pdf
... GL18 GUIDELINE ON EXERCISING POWER TO IMPOSE PECUNIARY PENALTY IN RESPECT OF AUTHORIZED INSURERS UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Scope of Application 1 3. Considerations in Exercising IA’s Power to Impose Pecuniary Penalty 2 4....
https://www.ia.org.hk/english/legislative_framework/files/GL18.pdf -
Date: 2020-09-24
... growth of total gross premiums by 4.9% to $608.4 billion over 2019. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue premiums of in-force long term business were $548.1 billion in 2020 (increased by 4.5%), mainly...
https://www.ia.org.hk/english/infocenter/press_releases/20210312.html -
Date: 2021-09-03
... Insurance Authority releases provisional statistics of Hong Kong insurance industry for 2018 15 March 2019 The Insurance Authority (IA) today (15 March 2019) released provisional statistics of the Hong Kong insurance industry for 2018, with total...
https://www.ia.org.hk/english/infocenter/press_releases/20190315.html -
Date: 2019-03-15
[PDF]
Consultation_Paper_on_the_Insurance_Public_Disclosure_Rules_with_all_Appendix_20250314_Eng.pdf
...No Content...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_the_Insurance_Public_Disclosure_Rules_with_all_Appendix_20250314_Eng.pdf -
Date: 2025-03-14
[PDF]
Consultation_Paper_on_the_Insurance_Public_Disclosure_Rules_with_all_Appendix_20250314_Eng.pdf
...No Content...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_the_Insurance_Public_Disclosure_Rules_with_all_Appendix_20250314_Eng.pdf -
Date: 2025-03-17
[PDF]
Market_Overview_2018.pdf
... indicated by the insurers above the median having a wider spread in 2018, with the 75th percentile at a net loss ratio of 91.9% compared to a net loss ratio of 76.6% in 2017. The more dispersed net loss ratio in 2018 also led to a more dispersed underwriting margin. On the expense side, the average net...
https://www.ia.org.hk/english/infocenter/statistics/files/Market_Overview_2018.pdf -
Date: 2019-11-04
[HTML]
Transitional Arrangement
... Transitional Arrangement Unresolved Cases relating to Alleged Contraventions of Applicable Rules that Occurred before 23 September 2019 From 23 September 2019, the day on which the Insurance Authority (“IA”) takes over the direct regulation of...
https://www.ia.org.hk/english/enforcement/transitional_arrangement/index.html -
Date: 2019-09-22
... date on which it is authorized; and annually upon the anniversary of such date (hereinafter referred to as “payment due date”). The Insurance (Authorization and Annual Fees) Regulation1 (Cap. 41C) (“the Regulation”) sets out the prescribed fees. 2. With effect from 26 June 2017 [save any unforeseen...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/letter_and_note_to_insurers_20170421.pdf -
Date: 2018-01-12