... same Enterprise Risk Management (“ERM”) processes and procedures as set out in the Guideline. It provides flexibility for an insurer to design the ERM framework to accord with its own specific circumstances. An insurer is however expected to be able to demonstrate to the IA’s satisfaction how the...

... unprecedented opportunities, the Insurance Authority (“IA”) set up the Belt and Road Insurance Exchange Facilitation (“BRIEF”) in December 2018 to pool together key stakeholders to unleash synergies in exploiting prospects arising from BRI. BRIEF leaflet Please...

... prudential regulations, we have set out to enhance on the corporate governance of insurers and laid the groundwork for the introduction of a Risk- based Capital Regime to strengthen the regulatory infrastructure. We are also working closely with the Government to set up a Policy Holders’ Protection Scheme...

... prudential regulations, we have set out to enhance on the corporate governance of insurers and laid the groundwork for the introduction of a Risk- based Capital Regime to strengthen the regulatory infrastructure. We are also working closely with the Government to set up a Policy Holders’ Protection Scheme...

... by 3 Months Individual licensees are required to comply with the Continuing Professional Development (“CPD”) requirements as set out in the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) issued by the Insurance Authority (“IA”). The first CPD...