... Management 7 More active ALM to manage mismatch risk Duration Yield Currency Improve Policy Holders’ Protection To protect the interests of policy holders while ensuring insurers remain solvent to meet its future obligations I N S U R A ECN I K R 8 Maintain Global Competitiveness Enhance HK regime’s...

... Management 7 More active ALM to manage mismatch risk Duration Yield Currency Improve Policy Holders’ Protection To protect the interests of policy holders while ensuring insurers remain solvent to meet its future obligations I N S U R A ECN I K R 8 Maintain Global Competitiveness Enhance HK regime’s...

... office and having the necessary capital or fund in place as proposed. 20. In the letter giving our approval-in-principle, we will also set out the conditions to which the authorization will be subject. These will normally include:- • To maintain a branch office as its place of business in Hong Kong with...

... office and having the necessary capital or fund in place as proposed. 20. In the letter giving our approval-in-principle, we will also set out the conditions to which the authorization will be subject. These will normally include:- • To maintain a branch office as its place of business in Hong Kong with...

... The law stipulates that premiums paid for deferred annuity products satisfying a set of criteria set out in the guideline issued by the Insurance Authority (IA) are eligible for tax deduction under the salaries tax and personal assessment. Please visit the List of Qualifying Deferred Annuity Policies...

... electronic database, a copy of the list in MS Word format is also available on the Insurance Authority's website(www.info.gov.hk/oci/framework/index04.htm). The lists designated separately under the Ordinance and the Regulation are identical. Compared to the lists advised in my letter of 22 May...

... faithfully, Shirley To Senior Manager Market Conduct Division Insurance Authority c.c. Chairman, The Hong Kong Federation of Insurers [mc-iiqas-1_ce_letter_20180813/em] https://www.ia.org.hk/en/supervision/reg_ins_%20intermediaries/insurance_intermediaries_quality_assurance_scheme.html https://www.ia.org.hk...

... Preparatory Works To prepare for the new regime, we are drafting new rules, codes and guidelines and developing a new computer system and online portal.  We have also set up a Working Group on Direct Licensing Regime for Insurance Intermediaries and two...

... Business Ethics = A set of principles which determines what is the right behavior when conducting insurance business or carrying on regulated activity • Honesty and Integrity • Acting in the client’s best interests and treating clients fairly • Due care and diligence • Professional competence and...

... note; or (iv) the covering letter accompanying (i), (ii) or (iii), sent by the licensed insurance broker company to its client. (c) For insurance transactions in relation to long term business (as defined in the Insurance Ordinance (Cap. 41)): (i) the questionnaire/form used for conducting financial...