... technology (IT) infrastructure, determination of the measurement models (such as general model, premium allocation model, or variable fee model), data storage and management, reporting & disclosure requirements, lack of actuarial support, etc. Optional – you may also supplement the proposed solutions...

... year 2017 saw us move one step closer to our goal of building a more holistic and modern regulatory regime for the insurance industry in Hong Kong,” said Dr Moses Cheng, Chairman of the IA. “On 26 June 2017, the IA replaced the Office of the Commissioner of Insurance (OCI), a Government...

... seeking to operate solely through digital channels. Applicants for Fast Track authorization must possess an innovative and robust business model, while being able to satisfy all prevailing regulatory requirements on solvency, capital and local assets requirements. Ends ...

... Applicants for Fast Track authorization must possess an innovative and robust business model, while satisfying all the prevailing regulatory requirements on solvency, capital and local asset requirements to ensure the interests of policy holders are duly protected. Ends ...

... authorization through this channel must possess an innovative and robust business model, while satisfying all the prevailing regulatory requirements on solvency, capital and local asset requirements. Ends ...

... expedited process: Applicants will be invited to present their proposals with live demonstration of the proposed digital distribution channels at the early stage of the application process 4 What do we look for under the Fast Track? • Innovative and robust business model which benefits consumers in Hong...

... within a year. The new office space is equipped with modern facilities and is designed to cater for the IA’s future expansion. Before the relocation, the IA operated from four different offices in Admiralty and Wan Chai.   Ends Mrs Carrie Lam, Chief Executive of...