... :- ...................................................................................................................................................... ...................................................................................................................................................... (Classes as set out in Part 3 of Schedule 1. Specify if the classes applied for authorization are in respect of reinsurance business only). 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of...

... :- ...................................................................................................................................................... ...................................................................................................................................................... (Classes as set out in Part 3 of Schedule 1. Specify if the classes applied for authorization are in respect of reinsurance business only). 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of...

... of solvency. The solvency margin calculation is set out in Section 10 of the ICO for general insurers, and in the Insurance Companies (Margin of Solvency) Regulation for long- term insurers. 2.1.3 The ICO sets out the requirement for an insurer to maintain separate assets in separate long-term...

... solvency, capital, and local asset requirements, which are set for ensuring sufficient loss absorption capability of authorized insurers must be met. All other requirements under the relevant guidelines should apply, except where the IA agrees to exempt or modify after due consideration. All...

... Brokers, The Professional Insurance Brokers Association, and the Insurance Agents Registration Board set up by The Hong Kong Federation of Insurers. A n n u a l R e p o r t 2 0 1 8 - 1 9 5 CEO’s Message investigation, hearing and appeal stages will ensure that complainants and regulated persons are...

... Brokers, The Professional Insurance Brokers Association, and the Insurance Agents Registration Board set up by The Hong Kong Federation of Insurers. A n n u a l R e p o r t 2 0 1 8 - 1 9 5 CEO’s Message investigation, hearing and appeal stages will ensure that complainants and regulated persons are...

... Brokers, The Professional Insurance Brokers Association, and the Insurance Agents Registration Board set up by The Hong Kong Federation of Insurers. A n n u a l R e p o r t 2 0 1 8 - 1 9 5 CEO’s Message investigation, hearing and appeal stages will ensure that complainants and regulated persons are...

... will add a new section 129A to the Ordinance (set out in the SCHEDULE) to empower the IA to make rules on the requirements in paragraph 10 to 11 above. Consultation 13. This paper is published by the IA to consult the public on the draft Rules (see ANNEX A) which will be made pursuant to new section...

... March 2019, the Insurance Authority (“IA”) published a draft Code of Conduct for Licensed Insurance Brokers (“Brokers’ Code”) for public comment under the cover of a consultation paper (“Consultation Paper”). The draft Brokers’ Code set out guidance on the practices and standards which licensed...