... Notes on collection of Levy on Insurance Premium Important Notes Before you ProceedReturn SubmissionDownload AreaEnquiryFAQsNotes on collection of Levy on Insurance PremiumSystem Maintenance Schedule   Item No....

... iAM Smart Modernize Infrastructure Cybersecurity, Personal Data Privacy, Ethics, Regtech/Suptech Address Regulatory Concerns Insurance Authority Corporate Strategy 9 Policy Holders’ Protection Market Development Product Innovation Policy Holders’ Protection: Risk-based Capital Regime 10 Pillar 1...

... implementation of the new capital regime, covering exemption criteria for the appointment of general insurance actuary, requirements for maintenance of assets in Hong Kong in respect of general business, and the valuation basis and capital requirements for marine insurers, captive insurers and Lloyd’s....

... Enquiry Important Notes Before you ProceedReturn SubmissionDownload AreaEnquiryFAQsNotes on collection of Levy on Insurance PremiumSystem Maintenance Schedule   If you require assistance with your return submission, we are happy to answer...

... appointment as a new Non-Executive Director (NED) of the IA and the seven incumbent NEDs on their reappointments: Mr Samuel Chan Ka-yan, Professor Chan Wai-sum, Ms Chitty Cheung Fung-ting, Mr Kenneth Kwok Tsun-wa, Mr Ma Ho-fai, Mr James Wong Chien-kuo and Mr Stephen Yiu Kin-wah. Established in...

... level principles of the conceptual framework, there are mixed views on some of the technical aspects. The following paragraphs highlight the major comments received and our responses. Detailed comments on the proposals and our responses are at Annex B. Major Comments Received and Our Responses Pillar 1...

... Guideline has been revised to focus, in relation to group risk, on requirements at the solo level. (See paragraphs 2.3, 6.5.1 to 6.5.5, Annex A and Annex B) 3. Introduction of “Pillar 2 Capital amount” The industry would like to seek further guidance and expectation on “internal economic capital” and...

...) Correspondence from a Government department or agency or the judiciary on matters concerning the applicant; (4) Correspondence from a bank or a credit card issuer on matters of account maintenance; (5) Correspondence from a MPF Scheme provider on matters of membership maintenance; (6) Correspondence from a life...

..., the level of risk to which an insurer is exposed will be taken into account when determining its capital requirement. Q5 What are the three Pillars under the RBC framework ? A5 An RBC framework covers three major areas, known as the Three Pillars. Pillar 1 consists of the quantitative requirements...

...; fitness and properness of authorized representative of Lloyd’s; reporting requirements; maintenance of local assets in Hong Kong; and regulation on insurance intermediaries. Lloyd's is also subject to the interventionary powers and certain...