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⏭... capital resource towards meeting its minimum or prescribed capital requirement in the jurisdiction where it carries on business). Adjustments will be made as appropriate to the GMCR, the GPCR or the eligible group capital resources to eliminate any double- counting of capital. b) Pillar 2: Pillar 2 will...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_the_Draft_Insurance_Group_Capital_Rules_ENG.pdf -
Date: 2020-08-19
... non-guaranteed benefits can happen concurrently with a rise in borrowing cost, and the policy holder may face an even greater loss from this double whammy. Illustrative Example 2 below demonstrates the impact of non-guaranteed benefits on a premium financing arrangement....
https://www.ia.org.hk/english/premium_financing/pros_and_cons.html -
Date: 2024-01-18
... insurance intermediaries, Fintech may lower the distribution and cost of insurers and the client may get a lower-priced insurance policy. On the other hand, what if the algorithm is not ethically set but is designed to over-charge the policyholders. Data analytics is a double-edged sword. It could make...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161118_HKSIBEF2016.pdf -
Date: 2021-12-09
... insurance intermediaries, Fintech may lower the distribution and cost of insurers and the client may get a lower-priced insurance policy. On the other hand, what if the algorithm is not ethically set but is designed to over-charge the policyholders. Data analytics is a double-edged sword. It could make...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161118_HKSIBEF2016.pdf -
Date: 2021-09-08
... insurance intermediaries, Fintech may lower the distribution and cost of insurers and the client may get a lower-priced insurance policy. On the other hand, what if the algorithm is not ethically set but is designed to over-charge the policyholders. Data analytics is a double-edged sword. It could make...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161118_HKSIBEF2016.pdf -
Date: 2020-06-12
... KONG MAINLAND MACAO A maximum penalty of a fine of HKD 10,000, imprisonment for 12 months and disqualification from holding a driving license for 12 months to 3 years. A fine of double the insurance premium and detainment of the vehicle concerned. A fine of MOP 3,000 RELEVANT PENALTIES Tips for Buying...
https://www.ia.org.hk/english/infocenter/files/HZMB_Leaflet_EN_Final.pdf -
Date: 2021-12-14
... KONG MAINLAND MACAO A maximum penalty of a fine of HKD 10,000, imprisonment for 12 months and disqualification from holding a driving license for 12 months to 3 years. A fine of double the insurance premium and detainment of the vehicle concerned. A fine of MOP 3,000 RELEVANT PENALTIES Tips for Buying...
https://www.ia.org.hk/english/infocenter/files/HZMB_Leaflet_EN_Final.pdf -
Date: 2022-05-24
... KONG MAINLAND MACAO A maximum penalty of a fine of HKD 10,000, imprisonment for 12 months and disqualification from holding a driving license for 12 months to 3 years. A fine of double the insurance premium and detainment of the vehicle concerned. A fine of MOP 3,000 RELEVANT PENALTIES Tips for Buying...
https://www.ia.org.hk/english/infocenter/files/HZMB_Leaflet_EN_Final.pdf -
Date: 2020-06-23