... agency, take note of this guidance and take remedial action as necessary as a contravention of section 64K of the Ordinance is an offence. II. REQUIREMENTS RELATING TO THE NOTIFICATION OF CERTAIN INFORMATION TO THE IA REGARDING LICENSED INSURANCE BROKERS The Ordinance includes the following 6...

... Well-defined boundary and conditions i) Timing and duration, or expected official launch date of the initiative to the market ii) Size and type of insurance business, and targeted users iii) Technology involved iv) Expected outcome and success criteria of the trial B. Risk management controls C. Customer...

... facilitate logistical arrangements, please complete the enrolment form at Annex II in excel format and return via email ([email protected]) on or before 27 September 2019. Seats will be allocated on a first-come-first-serve basis, and further seats to be allocated subject to availability. Where a preferred...

... practice, however, insurers are encouraged to conduct FNA even for those excluded products. II. Section 5 – Product Design Q 2. Section 5.3 requires insurers to monitor the products after launch to ensure that they continue to meet the needs of the target customers. Does this requirement apply to products...

...); (ii) the appointment of the person as a controller, director (other than a controller or director to whom sections 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 fit...

... Microsoft Word - circulars01.doc Strengthening Capital Requirements for Insurance Companies – Preparation for Solvency II Executive summary A company’s capital is intended to serve as a pillow to absorb losses resulting from the realization of unexpected risks to which an insurance company is...

... Microsoft Word - circulars01.doc Strengthening Capital Requirements for Insurance Companies – Preparation for Solvency II Executive summary A company’s capital is intended to serve as a pillow to absorb losses resulting from the realization of unexpected risks to which an insurance company is...

...); (ii) the appointment of the person as a controller, director (other than a controller or director to whom sections 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 fit...

...) 0 172,788 意外及疾病 (非醫療) Accident & Sickness (Non-medical) 0 26,512 非意外及疾病 Other than Accident & Sickness 19,793 5,920,300 3,134 40,066 (II) 年金 (II) Annuities 568 36,428 28,940 2,372,151 437,781 3,495,715 類別 A 總額 Total of Class A 6,418 264,453 21,733,212 122,431,382 10,575,933 21,876,956 B 婚姻及出生...

...) 0 303,669 意外及疾病 (非醫療) Accident & Sickness (Non-medical) 0 56,528 非意外及疾病 Other than Accident & Sickness 23,000 12,187,329 6,334 84,929 (II) 年金 (II) Annuities 1,396 51,990 77,480 3,326,332 1,162,593 5,514,226 類別 A 總額 Total of Class A 14,590 507,468 38,777,042 221,748,571 20,911,234 39,800,911 B 婚姻及出生...