... profit of $39 million, and the loss of Motor Vehicle business improved slightly from $48 million to $31 million. However, an anticipated economic downturn and volatile investment environment will put mounting pressure on the industry going forward. On reinsurance inward business, the gross and...
https://www.ia.org.hk/english/infocenter/press_releases/20200529.html -
Date: 2021-09-03
... business were $10.4 billion (increased by 13%), contributed by new coverages and higher rates for the medical subclass, as well as growth in travel insurance business for the non-medical subclass. Motor Vehicles business and Property Damage business reported gross premiums of $2.6 billion (increased by 8.3...
https://www.ia.org.hk/english/infocenter/press_releases/20230831.html -
Date: 2023-08-31
... 5%) respectively. The gross premiums of Accident & Health business were $15.4 billion (increased by 13%), benefiting from recovery in travel business of the non-medical subclass as well as new coverages and higher rates for the medical subclass. Motor Vehicles business and Property Damage...
https://www.ia.org.hk/english/infocenter/press_releases/20231130.html -
Date: 2023-11-30
... insurers other than pure reinsurers or captive insurers) To apply to and become a member of the Motor Insurers’ Bureau of Hong Kong before writing any direct motor vehicle liability insurance business in Hong Kong. (For insurers writing direct motor vehicle liability insurance) To apply to and become a...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL5.pdf -
Date: 2020-09-07
... insurers other than pure reinsurers or captive insurers) To apply to and become a member of the Motor Insurers’ Bureau of Hong Kong before writing any direct motor vehicle liability insurance business in Hong Kong. (For insurers writing direct motor vehicle liability insurance) To apply to and become a...
https://www.ia.org.hk/english/legislative_framework/files/GL5.pdf -
Date: 2020-09-24
... insurers other than pure reinsurers or captive insurers) To apply to and become a member of the Motor Insurers’ Bureau of Hong Kong before writing any direct motor vehicle liability insurance business in Hong Kong. (For insurers writing direct motor vehicle liability insurance) To apply to and become a...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL5.pdf -
Date: 2020-06-22
... is lifted, insurance could provide essential support in spurring economic and investment activities. While the market is eagerly waiting for an announcement on the setting up of after-sale service centres and progress of innovative cross-border medical and motor coverages, brokers with experience of...
https://www.ia.org.hk/english/infocenter/files/CIB_Annual_conference_2020.pdf -
Date: 2021-12-09
..., insurance could provide essential support in spurring economic and investment activities. While the market is eagerly waiting for an announcement on the setting up of after-sale service centres and progress of innovative cross-border medical and motor coverages, brokers with experience of serving young...
https://www.ia.org.hk/english/infocenter/files/CIB_opening_address_2020.pdf -
Date: 2021-12-09
..., insurance could provide essential support in spurring economic and investment activities. While the market is eagerly waiting for an announcement on the setting up of after-sale service centres and progress of innovative cross-border medical and motor coverages, brokers with experience of serving young...
https://www.ia.org.hk/english/infocenter/files/CIB_opening_address_2020.pdf -
Date: 2021-09-08
... Ordinance. 23. Whether it is proposed to transact business in Hong Kong of the kind envisaged by section 8(3)(b)(iii), i.e. insurance business (not being reinsurance business) relating to liabilities or risks in respect of which persons are required by any Ordinance to be insured, e.g. motor vehicles third...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.docx -
Date: 2022-01-06