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⏭... Investment Linked Assurance Scheme (“ILAS”) to Enhance Customer Protection (“Updated Requirements”) Thanks to LIMs for the comments on the draft revised Updated Requirements (Ref: Mv130/14), some of which have been incorporated (highlighted in yellow) in the final version as per the attached which will take...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_HKFI_Initiative_on_FNA_v4_20190823.pdf -
Date: 2019-12-20
[PDF]
GL6.pdf
... unless the insurer has established and maintained an Unearned Premium Reserve, a Provision for Claims Outstanding (including claims incurred but not reported (“IBNR”)) and a Contingency Reserve in the manner set out in paragraphs 4.2 to 4.6 below respectively. Unearned Premium Reserve (“UPR”) 4.2. Since...
https://www.ia.org.hk/english/legislative_framework/files/GL6.pdf -
Date: 2020-09-24
[PDF]
Interpretation_Notes.pdf
... specifies that ILAS products are long term contracts of insurance which provide both life insurance protection and investment options. What are the requirement(s) of life insurance protection for ILAS products? A 1 ILAS products should bring insurance value to customers. At a minimum, therefore, ILAS...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes.pdf -
Date: 2020-09-24
... specifies that ILAS products are long term contracts of insurance which provide both life insurance protection and investment options. What are the requirement(s) of life insurance protection for ILAS products? A 1 ILAS products should bring insurance value to customers. At a minimum, therefore, ILAS...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL_26_Interpretation_Notes_Eng.pdf -
Date: 2020-06-24
[PDF]
Interpretation_Notes.pdf
... specifies that ILAS products are long term contracts of insurance which provide both life insurance protection and investment options. What are the requirement(s) of life insurance protection for ILAS products? A 1 ILAS products should bring insurance value to customers. At a minimum, therefore, ILAS...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes.pdf -
Date: 2019-11-29
[PDF]
ilens16.pdf
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2020-09-28
[PDF]
ilens16.pdf
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2021-11-01
[PDF]
ilens16.pdf
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2021-09-01
[PDF]
ilens16.pdf
... general insurance side, while total premium income did not seem to show any increase, industry source confirms that business activities have picked up; the increase in volume, however, has been offset by the drastic fall in premium level. Clearly, the Hong Kong insurance industry has benefited from the...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/ilens16.pdf -
Date: 2020-06-19
...) Download Area Enquiry FAQs Notes on collection of Levy on Insurance Premium...
https://www.ia.org.hk/english/portal_for_insurers/lisa/levy_insurance_system_and_analytics.html -
Date: 2020-01-23