... of 8.0% to HK$59,869 million in 2020. Overall underwriting profit reached HK$2,336 million, up from HK$869 million in 2019. The market was able to achieve premium growth during this difficult time due to positive contributions from Property Damage, General Liability and Pecuniary Loss business. Rates...
https://www.ia.org.hk/english/infocenter/statistics/files/GB_Market_Overview_Eng_FINAL.pdf -
Date: 2021-10-07
... vehicle2 and share third-party liability compensation exceeding RMB 200,0003. Choosing the suitable insurance product There are different levels of sum insured and premium among the various Commercial Motor Insurance products in the market. The liability limits for “Commercial...
https://www.ia.org.hk/english/infocenter/speeches_articles/20231221.html -
Date: 2023-12-21
... quotation which is issued by the broker company to the policy holder, or in the premium debit note, invoice or similar document issued by the broker company to the policy holder for the purpose of collecting the premium from the policy holder. (e) “individual appointed as controller”, in relation to an...
https://www.ia.org.hk/english/legislative_framework/files/GL31_20191129e.pdf -
Date: 2020-09-24
... quotation which is issued by the broker company to the policy holder, or in the premium debit note, invoice or similar document issued by the broker company to the policy holder for the purpose of collecting the premium from the policy holder. (e) “individual appointed as controller”, in relation to an...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL31_20191129e.pdf -
Date: 2020-06-24
... quotation which is issued by the broker company to the policy holder, or in the premium debit note, invoice or similar document issued by the broker company to the policy holder for the purpose of collecting the premium from the policy holder. (e) “individual appointed as controller”, in relation to an...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL31_20191129e.pdf -
Date: 2019-11-29
... monies is reconciled with the client money requirement, and (b) Client money requirement shall mean the amount of client monies which the insurance brokers should have in the bank account, i.e. the difference between the “net premium or claims payable in respect of clients under the insurance broking...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN11_Guidance_Note_on_Keeping_of_Separate_Client_Monies_v1_16_8_2013_eg19.pdf -
Date: 2019-12-20
...) The ledger balance of client monies is reconciled with the client money requirement, and (b) Client money requirement shall mean the amount of client monies which the insurance brokers should have in the bank account, i.e. the difference between the “net premium or claims payable in respect of clients...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN11_Guidance_Note_on_Keeping_of_Separate_Client_Monies_v2_12_5_2015_eg19.pdf -
Date: 2019-12-20
... The global insurance landscape is changing at an unbelievably fast pace. When AFIR was first formed about a decade ago, only around 10% of global premium income was written in Asia ex-Japan. In recent years, Asia has become the growth driver of the global insurance markets. According to a recent study...
https://www.ia.org.hk/english/infocenter/files/AFIR_speech_Jun_2018.pdf -
Date: 2021-12-09
... The global insurance landscape is changing at an unbelievably fast pace. When AFIR was first formed about a decade ago, only around 10% of global premium income was written in Asia ex-Japan. In recent years, Asia has become the growth driver of the global insurance markets. According to a recent study...
https://www.ia.org.hk/english/infocenter/files/AFIR_speech_Jun_2018.pdf -
Date: 2021-09-08
... The global insurance landscape is changing at an unbelievably fast pace. When AFIR was first formed about a decade ago, only around 10% of global premium income was written in Asia ex-Japan. In recent years, Asia has become the growth driver of the global insurance markets. According to a recent study...
https://www.ia.org.hk/english/infocenter/files/AFIR_speech_Jun_2018.pdf -
Date: 2020-06-12