... relating to the Guideline on Financial Needs Analysis (GL30) issued today, which can be downloaded from the website of the Insurance Authority (“IA”). The IA issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_28082020.pdf -
Date: 2020-12-21
... available on the IA website. Members of the public are welcome to submit their comments to the IA on or before
30 September 2020 by email to
[email protected], by fax to 3899-9993, or by post to the IA Office on 19/F, 41 Heung Yip Road, Wong Chuk Hang, Hong Kong1. Ends...
https://www.ia.org.hk/english/infocenter/press_releases/20200819.html -
Date: 2020-08-19
... Press Release. First agreed on 17 July 2018 by the CBIRC, the preferential treatment under the C-ROSS has since been extended until 30 June 2021. Please click here for the Press Release. In the latest Mainland and Hong Kong Closer Economic Partnership Arrangement ("CEPA") which has...
https://www.ia.org.hk/english/reinsurance_specialty/reinsurance/lower_china_risk_oriented_solvency_system_C-ROSS_capital_charge.html -
Date: 2024-01-19
... Insurance Authority hosts the 22nd Joint Meeting of the Insurance Regulators of Guangdong, Hong Kong, Macao and Shenzhen 30 March 2023 The 22nd Joint Meeting of the Insurance Regulators of Guangdong, Hong Kong, Macao and Shenzhen (Joint Meeting...
https://www.ia.org.hk/english/infocenter/press_releases/20230330_1.html -
Date: 2023-03-31
... in discounting the claims liabilities. Rule 12 - Additional amount for unexpired risks 5.30 This rule requires that the provision for unexpired risks must be made for each separate class of business authorized and there should be no cross- offsetting, i.e. any premium deficiency in respect of a...
https://www.ia.org.hk/english/legislative_framework/files/GL2.pdf -
Date: 2020-09-24
... Management Expenses Underwriting Profit/(Loss) 14,166,572 11,836,964 10,602,625 1,508,261 1,095,874 9,871,411 7,894,761 7,871,000 (51,879) 1,535,995 151,635 4,028,967 3,286,668 3,369,799 900,580 686,222 2,516,412 2,070,853 2,168,293 (12,452) 468,137 59,599 119,554 27,278 31,064 11,207 6,334 30,312 25,408 21...
https://www.ia.org.hk/english/infocenter/statistics/files/3q21gen.pdf -
Date: 2022-06-01
... 31-12-20 3,901,846 3,375,352 - - - - - - - - - - 加洲保險 California Insurance 31-3-20 12,862 12,239 4,058 3,443 - - - - 252 83 1,508 1,243 中廣核保險 CGN Captive 31-12-20 223 139 - - - - - - 2,134 2,134 266,411 119,475 其士 Chevalier 31-3-20 79 30 501 466 - - - - 15 4 26,770 21,235 中國交銀保險 China BOCOM 31-12-20 44,562...
https://www.ia.org.hk/english/infocenter/statistics/files/T_G20_2020.pdf -
Date: 2021-10-07
...,673 19,900 54,084 宏利(國際) Manulife (Int'l) 31-12-18 1,188,458 598,164,800 21,934,177 3,591,857 129,662,530 Massachusetts Mutual Massachusetts Mutual 31-12-18 137 169,708 4,408 - 109,356 大都會人壽 MetLife 31-12-18 95,021 30,007,283 3,847,694 9,600 10,681,640 美商大都會人壽 Metropolitan Life 31-12-18 49,516 6,159...
https://www.ia.org.hk/english/infocenter/statistics/files/Table-L8_2018.pdf -
Date: 2019-09-30
.../terrorism.html) under the respective headings of "Names of Individuals Designated on 30 April 2004" and "Names of Entities Designated on 6 May 2004". You should review your records carefully to see whether you have had, or currently have, accounts, transactions or dealings with the...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/circular130504.html -
Date: 2017-06-23
... cope with the new normal. For this reason, I am writing to urge you to strongly encourage all staff and intermediaries of your company to get inoculated by 30 November 2021, after which anyone who have not received the first dose of vaccine or are medically unfit to do so should undergo testing for...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_28102021.pdf -
Date: 2021-12-10