... Ordinance (Cap. 41) (“the Ordinance”) with reference to the requirements set out in the Insurance Core Principles, Standards, Guidance and Assessment Methodology (“ICP”) promulgated by the International Association of Insurance Supervisors. It sets out prudent practices pertinent to reinsurance management...

... same effective date. However, the FRSC also acknowledged that HKFRS 17 brings about major changes, and that upon issuance there were stakeholders’ concerns about the effective date (which at the time was 1 January 2021). This information was shared with Hong Kong authorized insurers in a letter sent by...

... Page 1 of 3 Practice Note supplementing Standard and Practice 5.4 of the Code of Conduct for Licensed Insurance Brokers in relation to Client Agreements which a Licensed Insurance Broker Company enters into with a client for Linked Long Term Business A. Introduction 1. Standard and Practice 5.4(a...

... Page 1 of 3 Practice Note supplementing Standard and Practice 5.4 of the Code of Conduct for Licensed Insurance Brokers in relation to Client Agreements which a Licensed Insurance Broker Company enters into with a client for Linked Long Term Business A. Introduction 1. Standard and Practice 5.4(a...

... 29th Pacific Insurance Conference “Challenge Everything: Asia’s Journey to Success” 18 November 2019 Welcome Keynote by Mr Clement Cheung Chief Executive Officer of the Insurance Authority Gary1, Guy2, distinguished guests, ladies and gentlemen, I feel honoured to take part in the 29th Pacific...