... Consultation conclusions on the Insurance (Group Capital) Rules 28 December 2020 The Insurance Authority (IA) today (28 December 2020) published the consultation conclusions on the draft Insurance (Group Capital) Rules (the Group Capital Rules) in...

... Fulfillment Ratio Fulfillment Ratio Examples Example 1: Participating policy with annual and terminal dividends Assume that the policy was issued on 1 January 2020: End of Policy Year...

... strengthening their ERM system. As reflected in the Consultation Conclusions on the RBC framework1 issued by the former Office of the Commissioner of Insurance (“OCI”) in September 2015, the respondents generally agreed with the introduction of Pillar 2 requirements ahead of Pillar 1 (i.e. quantitative...

... on Medical Insurance Business The above GLs have already commenced on 23 September 2019 with the provision of a transitional period that runs until 22 September 2020, except GL 31 which was published on 29 November 2019 for commencement on 23 September 2020. Fully recognising that the COVID-19...

... on Medical Insurance Business The above GLs have already commenced on 23 September 2019 with the provision of a transitional period that runs until 22 September 2020, except GL 31 which was published on 29 November 2019 for commencement on 23 September 2020. Fully recognising that the COVID-19...

... Nations Sanctions (Democratic Republic of the Congo) Regulation 2017 The United Nations Sanctions (Democratic Republic of the Congo) Regulation 2017 (“the Congo Regulation”) has been published in the Gazette (L.N. 149 of 2017) on 15 September 2017 and is available on the Government’s website http...

... relevant requirements with due regard to their own circumstances. 2 (d) AGN on Best Estimate Assumptions issued by the ASHK (e) Selling of Non-linked Long Term Insurance (“NLTI”) Products issued by Hong Kong Monetary Authority 3. Purpose 3.1 Both IAIS and the global insurance industry have placed...

... Insurance Authority consults on the proposed codes of conduct for licensed insurance agents and licensed insurance brokers 28 March 2019 The Insurance Authority (IA) today (28 March 2019) launched a two-month public consultation on the draft Code of...

... hub and global risk management centre by leveraging on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the Belt and Road Initiative (BRI). She said, “My Government is in an advanced stage of discussion with the Mainland on the proposed establishment of after-sale service...

... representatives (broker) act as representatives of (i.e. on behalf of) the licensed insurance broker companies which appoint them. In this capacity, they give advice on insurance policies to clients and represent their appointing licensed insurance broker companies to deal with matters relating to insurance...