...,565.0 31,054.9 34,834.7 39,204.8 41,797.6 9 Underwriting Profit/Loss of General Insurance Business $million 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Overall Accident & Health Motor Vehicle Pecuniary Loss Property Damage General Liability -500 0 500 1,000 1,500 2,000 2,500 3,000 3,500...
https://www.ia.org.hk/english/infocenter/files/AR2014.pdf -
Date: 2020-06-23
... $million $million $million $million $million Overall 2,067.0 2,398.2 1,284.8 2,407.5 2,518.5 2,627.2 2,042.8 3,004.2 3,039.0 1,193.2 Accident & Health 231.1 323.6 515.1 567.4 463.9 562.2 695.8 950.6 581.3 330.9 Motor Vehicle 270.8 118.1 (242.1) (34.7) 211.7 67.6 (47.8) 197.5 56.4 (262.6) Pecuniary Loss...
https://www.ia.org.hk/english/infocenter/files/AR2016.pdf -
Date: 2020-06-23
... policies (such as travel, motor, property and household insurance) must pay the levy along with their premium payment. The IA will collect the levy from policy holders via the insurance companies. The insurance companies will inform policy holders of the arrangement through various channels (e.g....
https://www.ia.org.hk/english/infocenter/press_releases/collection_of_premium_levy_to_take_effect_on_1_January_2018.html -
Date: 2017-09-22
... profitability with an underwriting profit of $199 million. With regard to the direct Motor Vehicle business and the direct Employees’ Compensation business, the performance continued to improve with underwriting losses reduced from $521 million to $441 million, and from $584 million to $150...
https://www.ia.org.hk/english/infocenter/press_releases/20190930.html -
Date: 2019-09-30
... that apply to the entire policy are: A war, rebellion or coup; Specific sports (e.g. motor racing) and professional sports or any activities where the insured person would or could earn income or remuneration from engaging in such activities; trekking at an altitude greater...
https://www.ia.org.hk/english/travel_insurance/general_exclusions.html -
Date: 2024-01-18
... affected. These events underscore the social value of insurance and remind us of the importance of identifying protection needs, proactively managing risks, and addressing protection gaps. Take motor insurance as an example. Currently, only 37% of car owners in Hong Kong have comprehensive insurance...
https://www.ia.org.hk/english/infocenter/speeches_articles/20230917.html -
Date: 2023-09-18
... transformation • Product Development • Platform for intermediaries • Open-API • E-KYC • Cross-sector propositions Infrastructure to sustain growth • Insurance Fraud Prevention Claims Database • Motor Insurance DLT-based Authentication System Fraud prevention InsurTech Development – Compliance and Supervision 19...
https://www.ia.org.hk/english/infocenter/files/Asia_Pacific_Life_Insurance_Congress_2019.pdf -
Date: 2021-12-09
... transformation • Product Development • Platform for intermediaries • Open-API • E-KYC • Cross-sector propositions Infrastructure to sustain growth • Insurance Fraud Prevention Claims Database • Motor Insurance DLT-based Authentication System Fraud prevention InsurTech Development – Compliance and Supervision 19...
https://www.ia.org.hk/english/infocenter/files/Asia_Pacific_Life_Insurance_Congress_2019.pdf -
Date: 2021-09-08
... transformation • Product Development • Platform for intermediaries • Open-API • E-KYC • Cross-sector propositions Infrastructure to sustain growth • Insurance Fraud Prevention Claims Database • Motor Insurance DLT-based Authentication System Fraud prevention InsurTech Development – Compliance and Supervision 19...
https://www.ia.org.hk/english/infocenter/files/Asia_Pacific_Life_Insurance_Congress_2019.pdf -
Date: 2020-06-12
... for 2020 Motor Vehicle Insurance (Direct Business) Statistics for 2020 Attachment: EC Statistics 2020 Attachment: MV Statistics 2020 17 September 2021 Frequently Asked Questions on the Penalty Framework for Non-compliance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2021.html -
Date: 2021-12-10