...; Laura M Cha, Chairman, HKEX said: “Sustainability will be a driving force of economic prosperity, financial resiliency and investment strategies in the decades to come. HKEX is committed to playing a significant role in helping to shape Hong Kong’s green and sustainable policies...

... do not fully reflect the underlying risks of the insurance business. 3) Insurers business planning, business strategies and risk transfer policies may not align to policyholders’ interests. Under RBC Regime 1) Both assets and liabilities are valued on a consistent, economic value basis for solvency...

... saw a significant increase in 2020, it should be noted that such a favourable result mainly stemmed from subdued economic activities and deferral of medical care amidst the pandemic, which led to lower reported claims in Employees’ Compensation and Accident & Health business respectively. With this in...

... societal, environmental and economic impacts, which inflicted unprecedented and irreversible damages to the planet. 8 The adverse impacts of climate change have become increasingly significant in recent decades. In Hong Kong, it is not a coincidence for business interruption from tropical cyclones twice...

... level and/or on a different basis (e.g. economic capital). If an insurer would like to utilize such results for own scenarios SST for its Hong Kong operations under RBC basis, justification on the appropriateness should be provided. Number of scenarios 6.8 Most insurers carried out own scenarios but...

... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...

... whether a customer / beneficial owner of a customer is a PEP (4.13.9) Prohibit making available or dealing with any funds or economic resources for the benefit of or belonging to a designated party (6.3) Offence to make any property or financial services available to or for the benefit of a terrorist...

... significant role in improving the social well- being and economic development, and are indispensable for building a robust and sustainable insurance industry in Hong Kong. 2 The establishment of the IA has marked a new milestone in the development of the insurance industry in Hong Kong. I am glad to see a...

... significant role in improving the social well- being and economic development, and are indispensable for building a robust and sustainable insurance industry in Hong Kong. 2 The establishment of the IA has marked a new milestone in the development of the insurance industry in Hong Kong. I am glad to see a...

... 主要指標及香港保險業務統計數字摘要 Key Indicators and Summary on Hong Kong Insurance Business Statistics 2017 單位 Unit 2017 2016 經濟數據 ECONOMIC DATA 本地生產總值（以當時市價計算) GDP (at current market prices) 百萬元 $ million 2,660,983 2,490,776 人口 (年中) Population (Mid-year) 7,391,700 7,336,600 人均本地生產總值（以當時市價計算） Per capita GDP (at...