... Pricing Systems a. Natural Premium (Pricing) System b. Level Premium (Pricing) System 2. TYPES OF LIFE INSURANCE AND ANNUITY 2/1 2.1 Traditional Types of Life Insurance 2/2 2.1.1 Term Insurance a. Level/Decreasing/Increasing Term Insurance b. Renewable/Convertible Term Insurance 2.1.2 Endowment Insurance...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.docx -
Date: 2019-12-02
... Factors a. Mortality, Interest and Expenses b. Other Factors 1.3.2 Pricing Systems a. Natural Premium (Pricing) System b. Level Premium (Pricing) System 2. TYPES OF LIFE INSURANCE AND ANNUITY 2/1 2.1 Traditional Types of Life Insurance 2/2 2.1.1 Term Insurance a. Level/Decreasing/Increasing Term Insurance...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.pdf -
Date: 2019-12-02
... Premium 1/10 1.3.1 Rating Factors a. Mortality, Interest and Expenses b. Other Factors 1.3.2 Pricing Systems a. Natural Premium (Pricing) System b. Level Premium (Pricing) System 2. TYPES OF LIFE INSURANCE AND ANNUITY 2/1 2.1 Traditional Types of Life Insurance 2/2 2.1.1 Term Insurance a. Level/Decreasing...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018update.pdf -
Date: 2019-12-02
... policy holders. The timely introduction of a unified intermediary registration system and a robust disciplinary mechanism is essential to anchoring such trust and confidence. We are grateful to CIB for driving adoption of the on-line portal which is currently handling over 80% of licence applications. On...
https://www.ia.org.hk/english/infocenter/files/CIB_Annual_Conference_2021.pdf -
Date: 2021-12-09
... features • Guaranteed renewal up to the age of 100 • No “lifetime benefit limit” • Standardised terms and conditions • Premium transparency • Minimum benefit limits • Cost-sharing restrictions • Coverage of pre-existing conditions • Relieve strains on public healthcare system • Tax incentives by Government...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Mr_Clement_Cheung.pdf -
Date: 2021-12-09
... features • Guaranteed renewal up to the age of 100 • No “lifetime benefit limit” • Standardised terms and conditions • Premium transparency • Minimum benefit limits • Cost-sharing restrictions • Coverage of pre-existing conditions • Relieve strains on public healthcare system • Tax incentives by Government...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Mr_Clement_Cheung.pdf -
Date: 2021-09-08
... the exit strategy and the relevant details of the exit plan; or c. any other adverse event (actual or potential) that is material to the proper operation of the Insurtech Sandbox trial and/or official launch (e.g. cybersecurity breach, leakage of personal data of customers, material system failure etc...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_05082020.pdf -
Date: 2020-12-21
... features • Guaranteed renewal up to the age of 100 • No “lifetime benefit limit” • Standardised terms and conditions • Premium transparency • Minimum benefit limits • Cost-sharing restrictions • Coverage of pre-existing conditions • Relieve strains on public healthcare system • Tax incentives by Government...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Mr_Clement_Cheung.pdf -
Date: 2020-06-12
... captive insurers in Hong Kong. We also engaged with the China Banking and Insurance Regulatory Commission to implement preferential treatment under the China Risk Oriented Solvency System that empowers our reinsurers to complement the backup for Mainland insurers. Finally, we have worked with the Hong...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2018_19_English.pdf -
Date: 2021-12-14
... unprecedented market volatilities brought about by COVID-19 and is the crucial component for a robust system to safeguard the insuring public. An iterative process of Quantitative Impact Studies has helped to calibrate the design parameters, taking into account technical merits and practical outcomes. Progress...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2019_20_Eng.pdf -
Date: 2021-12-14