... • Automated underwriting and claims processing • Modification and termination Customer experience InsurTech Development – FinTech Ecosystem 18 FinTech Eco- system Support for insurers and intermediaries • Remote on-boarding • Corridor for flow of funds • After-sales service GBA development • Digital...
https://www.ia.org.hk/english/infocenter/files/Asia_Pacific_Life_Insurance_Congress_2019.pdf -
Date: 2021-09-08
... pass the enhanced Investment-Linked Long Term Insurance examination paper unless you are exempt or grandfathered. If you pass the relevant Remote Invigilation Mode Examination (“RIME”) papers, it would be considered as “as if” you have passed the equivalent IIQE papers, and you can be granted an...
https://www.ia.org.hk/english/infocenter/forms/files/Notes_on_Individual_Licence_Application_Mar2022.pdf -
Date: 2022-05-31
... • Automated underwriting and claims processing • Modification and termination Customer experience InsurTech Development – FinTech Ecosystem 18 FinTech Eco- system Support for insurers and intermediaries • Remote on-boarding • Corridor for flow of funds • After-sales service GBA development • Digital...
https://www.ia.org.hk/english/infocenter/files/Asia_Pacific_Life_Insurance_Congress_2019.pdf -
Date: 2020-06-12
... (also known as Special Purpose Vehicle etc.) (“SPE”) which is specifically constituted to carry out the transfer of risk. A key element of any SPE structure is the transfer of insurance risk to a “fully funded”, “bankruptcy-remote” vehicle whereby the claims of any investors are subordinated to the...
https://www.ia.org.hk/english/legislative_framework/files/GL17.pdf -
Date: 2020-09-24
..., internal audit and external audit. 7.3 As part of the monitoring process, insurers should manage the identities and credentials for physical and remote access to information assets. They should recognize signs of a potential cyber risk, or monitor if an actual breach has taken place in their systems. 7.4...
https://www.ia.org.hk/english/legislative_framework/files/Guideline_on_Cybersecurity_English.pdf -
Date: 2020-09-24
..., internal audit and external audit. 7.3 As part of the monitoring process, insurers should manage the identities and credentials for physical and remote access to information assets. They should recognize signs of a potential cyber risk, or monitor if an actual breach has taken place in their systems. 7.4...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Guideline_on_Cybersecurity_English.pdf -
Date: 2019-11-29
... 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
... business insurer should report the impact of at least one self-defined adverse scenario representing a 1-in-200 (i.e. 99.5% VaR) or more remote event. To determine the scenario, a general business insurer should analyse its key risk exposures and consider a wide range of events with the chosen scenario(s...
https://www.ia.org.hk/english/legislative_framework/files/GL21_GI_SST_20200113.pdf -
Date: 2020-09-24
... representing a 1-in-200 (i.e. 99.5% VaR) or more remote event. To determine the scenario, a general business insurer should analyse its key risk exposures and consider a wide range of events with the chosen scenario(s) being that (or those) considered to have the largest financial impact on its PCR solvency...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-06-15
... representing a 1-in-200 (i.e. 99.5% VaR) or more remote event. To determine the scenario, a general business insurer should analyse its key risk exposures and consider a wide range of events with the chosen scenario(s) being that (or those) considered to have the largest financial impact on its PCR solvency...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-12-21