... Procedures 2.2.1 Quotations 2.2.2 Proposal Forms 2.2.3 Issue of Cover Notes, Policies and Certificates of Insurance 2.2.4 Premium 2.2.5 Levies on Premiums 2.3 Policy Wording, Terms and Conditions 2.3.1 Policy Forms and Policy Schedules 2.3.2 Common Policy Exceptions and Conditions 2.3.3 Use of Excesses...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GI_syl_eng_2019_file2.pdf -
Date: 2019-12-02
... decrease of 3.4% to HK$133,194 million in 2018, with single premium business decreasing by 22.7% and regular premium business increasing by 8.2%. The number of policies increased by 0.5% to 1,243,004. Non-Linked business can be classified into with-profits and without-profits business, which represented...
https://www.ia.org.hk/english/infocenter/statistics/files/Highlights_LT_EN.pdf -
Date: 2019-09-30
... reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 4.6. For an insurer, not being a pure reinsurer, who applies for...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL5.pdf -
Date: 2020-09-07
... reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 4.6. For an insurer, not being a pure reinsurer, who applies for...
https://www.ia.org.hk/english/legislative_framework/files/GL5.pdf -
Date: 2020-09-24
... reinsurer is required to give only one set of financial projections on a “realistic estimate” basis. As regards a captive insurer, only projections on premium income and claims outstanding for the first three years of operation are required. 4.6. For an insurer, not being a pure reinsurer, who applies for...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL5.pdf -
Date: 2020-06-22
... Suitability assessment includes assessing the investment horizon of the potential policyholder, with due regard to the financial circumstances, planned retirement age etc. (a) Premium payment term – The clients’ age at the time of policy inception as well as his/her target retirement age are relevant to the...
https://www.ia.org.hk/english/legislative_framework/files/GL15.pdf -
Date: 2020-09-24
... Insurance Authority_leaflet_Eng_20200820 The above information is for reference only. For the coverage, mode of compensation, benefit limit and premium levels of any specific medical insurance plan, please refer to the relevant policy terms. 保險業監管局 Insurance Authority 蓋世保鑑 Insurpedia www.ia.org.hk...
https://www.ia.org.hk/english/medical_insurance/files/Medical_insurance_making_a_claim_en.pdf -
Date: 2020-10-14
... Insurance Authority_leaflet_Eng_20200820 The above information is for reference only. For the coverage, mode of compensation, benefit limit and premium levels of any specific medical insurance plan, please refer to the relevant policy terms. 保險業監管局 Insurance Authority 蓋世保鑑 Insurpedia www.ia.org.hk...
https://www.ia.org.hk/english/infocenter/files/Medical_insurance_making_a_claim_en.pdf -
Date: 2021-12-14
... billion (decreased by 15.8%), accounting for 28.3% of the total new office premiums for individual business. Among these new policies, about 96% were medical or protective in nature, such as critical illness, medical, whole life, term life and annuity products. In terms of premium payment pattern...
https://www.ia.org.hk/english/infocenter/press_releases/20181130.html -
Date: 2018-11-30