... premier location for similar entities to anchor their operational base in the Asia Pacific region. After obtaining green light from the Legislative Council, we are full steam ahead with the formulation of implementation details such as the draft rules on group capital requirement and qualifying capital...
https://www.ia.org.hk/english/infocenter/files/Welcome_Address_ASHK_Hong_Kong_Actuarial_Summit_2020.pdf -
Date: 2021-09-08
..., allowing us to claim the pole position as the premier location for similar entities to anchor their operational base in the Asia Pacific region. After obtaining green light from the Legislative Council, we are full steam ahead with the formulation of implementation details such as the draft rules on group...
https://www.ia.org.hk/english/infocenter/files/Welcome_Address_HongKong_Actuarial_Summit_2020.pdf -
Date: 2021-09-08
... claim the pole position as the premier location for similar entities to anchor their operational base in the Asia Pacific region. After obtaining green light from the Legislative Council, we are full steam ahead with the formulation of implementation details such as the draft rules on group capital...
https://www.ia.org.hk/english/infocenter/files/Welcome_Address_Hong_Kong_Actuarial_Summit_2020.pdf -
Date: 2021-09-08
... Please consult the relevant insurer before you make any decision to apply for or purchase any insurance product. The IRR illustrated assumes that no cash withdrawals or no policy loans are taken throughout the policy term, and all premiums are paid in full when due of the policy....
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/qdap_tool.html -
Date: 2023-02-23
... concept adopted from software development world • To test technological proof of concept prior to a full-scale public release --> Iterative process to amend and improve based on feedback • In a regulated industry, insurers and start-ups find the iterative approach difficult, especially in gaining real...
https://www.ia.org.hk/english/infocenter/files/Insurance_Summit_RBC_Regime_and_Insurtech.pdf -
Date: 2020-06-12
...) How many full-time employees would you involve in implementing HKFRS 17? If your answer in 6(a) is yes, please select your answer. Multiple selection is allowed. Senior Management Board of directors Senior management from head office or parent company (applicable to insurer being part of an...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/HKFRS_17_Readiness_Assessment_Survey.pdf -
Date: 2018-11-30
...” with “Pillar 2 Capital amount”. The revised draft Guideline sets out the following expectations on Pillar 2 Capital amount: (a) should reflect an insurer’s full range of risks not adequately reflected or captured in regulatory capital requirements; (b) is drawing an insurer’s attention to maintain...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190103.pdf -
Date: 2019-11-29
... Setting up an individual account involves several steps as follows: 2.1 Step 1 - Submission of Application Form for Individual Account Individual account owner need to provide the following information to their principal in order to create an individual account: a. Full Name in English – The name must be...
https://www.ia.org.hk/english/infocenter/forms/files/Online_Portal_Userguide_individual_Jan_2021.pdf -
Date: 2022-01-06
... in writing, state the full extent of the information sought to be disclosed, the persons to whom it is proposed to be disclosed and the reasons for the proposed disclosure. The IA may ask further questions with the applicant to satisfy itself of the justification for the proposed disclosure. Where...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Section_121_of_the_Insurance_Ordinance.pdf -
Date: 2021-10-12
... in writing, state the full extent of the information sought to be disclosed, the persons to whom it is proposed to be disclosed and the reasons for the proposed disclosure. The IA may ask further questions with the applicant to satisfy itself of the justification for the proposed disclosure. Where...
https://www.ia.org.hk/english/legislative_framework/files/Explanatory_Note_on_Section_121_of_the_Insurance_Ordinance.pdf -
Date: 2020-07-06