... 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...

... 36,032 10 6,257 (12,367) 2,388,910 1,111,059 607,116 223,241 140,790 725,247 438,393 447,377 3,478 103,052 (87,581) 1,209,579 718,583 703,976 180,143 110,373 586,624 301,327 448,984 127 142,751 1,741 7,893,717 3,560,389 3,404,830 1,580,316 781,504 4,153,185 1,669,071 1,158,319 5,134 783,927 675,946 9...

... 3 January 2019 Our Ref: INS/TEC/6/20/6 Subfile IV By email only To: Chief Executives of all authorized insurers Dear Sirs, Consultation on the Revised Draft Guideline on Enterprise Risk Management The Insurance Authority (“IA”) conducted a consultation on the draft Guideline on Enterprise Risk...

... Draft Guideline on Enterprise Risk Management GUIDELINE ON ENTERPRISE RISK MANAGEMENT Insurance Authority Table of Contents Page 1. Introduction 1 2. Application 2 3. Overview of Enterprise Risk Management (ERM) Framework and General Requirements 4 4. Governance 7 5. Risk Appetite Statement 10 6...

... Definition 2.2.2 How Agency Arises 2.2.3 Authority of Agents 2.2.4 Duties Owed by Agent to Principal 2.2.5 Duties Owed by Principal to Agent 2.2.6 Termination of Agency 3. PRINCIPLES OF INSURANCE 3/1 3.1 Insurable Interest 3/1 3.1.1 Definition 3.1.2 Importance of Insurable Interest 3.1.3 Its Essential...

...,195 50,119 4,932 214,196 - - - 42 645 152 4,480 - 61,524 42,890 6,851 249,852 安持按揭保險亞洲 Arch MI Asia 31-12-20 - - - - - - - - - - - - - - - - - - 亞洲資本再保 Asia Capital Re 31-12-20 - - 2,318 - - 641 - - - 32 - 48,313 396 - 515 39,585 12,963 115,648 亞洲保險 Asia Insurance 31-12-20 32,061 - 28,849 62,336 - 210...

... were $3.4 billion (increased by 3.9%), carrying net liabilities of $1 billion. In-force office premiums for Annuity business and Other business (mainly Permanent Health business) were $13.6 billion (increased by 39%). Office premiums for new Individual Life business were $150.6 billion...

... gross premiums amounting to $132.5 billion, representing an increase of 8.6% over the corresponding period in 2017. Long term business The total amount of revenue premiums of long term in-force business was $117 billion in the first quarter of 2018, increased by 8.3% over the...

... of in-force long term business were $146.7 billion in the first quarter of 2020 (increased by 11%), mainly comprising $124.4 billion of Individual Life and Annuity (Non-Linked) business (increased by 7.3%), $6.4 billion of Individual Life and Annuity (Linked) business (decreased by 2.7%), and $13.9...

... System ML/TF Risk Assessment 5 5 Paragraph 2.2 of the Guideline 6 How to conduct a ML/TF risk assessment?  Various approaches to conduct a risk assessment  Commensurate with nature/size/global footprint of business  Not necessarily complex Process of ML/TF Risk Assessment Identify Assess Understand...