... period should be closer to what the insurers expected in accordance with their set investment strategy. It should be noted that this may not be the case in extreme financial market situations. As participating policies are long term in nature, the ratio in the later policy years may, in general...

...) Ordinance (Cap. 628) (“the Ordinance”) came into operation on 7 July 2017. The Ordinance establishes a cross-financial sector resolution regime that is designed to meet the international standards set by the Financial Stability Board. It will strengthen the resilience of Hong Kong’s financial system and...

... Handling of medical insurance claims -  The IA’s expectations May 2023 In this article we set out the types of practices that the IA would expect to see when assessing the claims handling processes of an insurer in its inspection and...

... for this name submitted through the Office of the Ombudsperson established pursuant to Security Council resolution 1904 (2009), and after considering the Comprehensive Report of the Ombudsperson on this delisting request. Therefore, the assets freeze, travel ban and arms embargo set out in paragraph 1...

... business of an authorized insurer on a day-to-day basis in accordance with strategies, policies and procedures set by the insurer’s board of directors. (j) “service provider” means a provider of services engaged by an authorized insurer to provide services, whether that provider is located in or outside...

... business of an authorized insurer on a day-to-day basis in accordance with strategies, policies and procedures set by the insurer’s board of directors. (j) “service provider” means a provider of services engaged by an authorized insurer to provide services, whether that provider is located in or outside...

... business of an authorized insurer on a day-to-day basis in accordance with strategies, policies and procedures set by the insurer’s board of directors. (j) “service provider” means a provider of services engaged by an authorized insurer to provide services, whether that provider is located in or outside...

... 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...

... 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...

... Nauru to address the deficiencies of its offshore banking sector, the FATF calls for its member to continue to apply counter-measures against this jurisdiction. Accordingly, you should continue to apply the counter-measures against Nauru as set out in my letter of 10 December 2001. Furthermore...