... insurers and broker companies to promote the development of marine and specialty risks insurance in Hong Kong and for insurance brokers. The Legislative Council has also passed an amendment bill in July 2020 to expand the scope of insurable risks by captive insurers set up in Hong Kong to enhance the...

... Download Upon logging into the IIC, a message will be shown under “Information Board” to remind the supervisor to add the designated mobile number and email address for receiving OTP in relation to the confirmation of individual applicants’ appointment, and set the password for document download in the...

... International Union of Marine Insurance (IUMI) decided to set up its first hub outside Europe in Hong Kong #16 #17 #18 Tax incentives for specialty risk insurance 50 percent profits tax concession for selected general insurance business of direct insurers and selected insurance brokerage business #15 FURTHER...

... arranging reinsurance coverage for Mainland insurers for managing their risks in Belt & Road projects. Thirdly, Hong Kong is an ideal place for Mainland enterprises to set up captive insurers. By setting up a captive insurer in Hong Kong, a Mainland group can pool the risks among its subsidiaries and...

... arranging reinsurance coverage for Mainland insurers for managing their risks in Belt & Road projects. Thirdly, Hong Kong is an ideal place for Mainland enterprises to set up captive insurers. By setting up a captive insurer in Hong Kong, a Mainland group can pool the risks among its subsidiaries and...

... International Union of Marine Insurance (IUMI) decided to set up its first hub outside Europe in Hong Kong #16 #17 #18 Tax incentives for specialty risk insurance 50 percent profits tax concession for selected general insurance business of direct insurers and selected insurance brokerage business #15 FURTHER...

... prevailing market, QDAPs can be divided into two categories with respect to the annuity (income) payment period: the first category is “fixed term” with a period certain annuity, in which the annuity will be distributed over a set period of time by the policyholder. The minimum period is set to...

... arranging reinsurance coverage for Mainland insurers for managing their risks in Belt & Road projects. Thirdly, Hong Kong is an ideal place for Mainland enterprises to set up captive insurers. By setting up a captive insurer in Hong Kong, a Mainland group can pool the risks among its subsidiaries and...

... Financial Reporting Council that it is a daunting task to set up a new organization. And setting up the independent authority for the insurance industry would not be any easier. It was after deep thoughts and prayers that I agreed to take up the invitation to work in this new - 3 - venture. 7. On being...

... and chief executives of insurance brokers will be deemed as responsible officers of the firms concerned during the transitional period. 6 New Regulatory Regime for Insurance Intermediaries 7 Set out licensing, F&P and conduct requirements Process licence applications and update Register of licensees...