... impact analysis of HKFRS 17? 2b ii) Is HKFRS 17 expected to result in a higher or lower value of insurance contract liabilities compared to HKFRS 4? 3) In what year does your company plan to perform parallel/dry runs for HKFRS 17? 4) When did/will your company adopt HKFRS 9? 1b) If your answer in 1a) is...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/2019_HKFRS_17_Readiness_Assessment_Survey.pdf -
Date: 2019-11-29
... action as necessary as a contravention of section 64J of the Ordinance is an offence. II. REQUIREMENTS RELATING TO THE NOTIFICATION OF CERTAIN INFORMATION TO THE IA REGARDING LICENSED INSURANCE AGENCIES The Ordinance includes the following 5 administrative reporting requirements: i) A licensed insurance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_Agencies_dd_18122020.pdf -
Date: 2020-12-21
... controller; (ii) the appointment of the person as a controller, director (other than a controller or director to whom section 13A, 13AC or 13B applies); or (iii) appointed actuary (other than an actuary to whom section 15(3A) applies) of an authorized insurer if it appears to the IA that the person is not...
https://www.ia.org.hk/english/legislative_framework/files/GL4.pdf -
Date: 2020-09-24
... 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...
https://www.ia.org.hk/english/infocenter/files/Understanding_Life_Insurance_Eng.pdf -
Date: 2021-12-14
... following: (i) any specific requirements that should be implemented to ensure an OA ILAS product is only to be recommended to a customer who is a PI for investment and tax/estate planning purpose; and (ii) the proper risk and underwriting control measures that should be put in place by authorized insurers...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/New_QNAs_to_Interpretation_Notes.pdf -
Date: 2021-12-10
... following: (i) any specific requirements that should be implemented to ensure an OA ILAS product is only to be recommended to a customer who is a PI for investment and tax/estate planning purpose; and (ii) the proper risk and underwriting control measures that should be put in place by authorized insurers...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/New_QNAs_to_Interpretation_Notes.pdf -
Date: 2021-09-09