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... involving industry representatives has been set up to collate comments and inputs from the industry. We will launch industry and public consultation on over a dozen sets of rules, codes and guidelines by phases in the second half of this year. Second, we are helping the Financial Services and the Treasury...
https://www.ia.org.hk/english/infocenter/files/12th_Asian_Insurance_CFO_Summit_Speech_May_2018.pdf - Date: 2020-06-12
... Scenarios III.1. The three Prescribed Scenarios are set out below. Prescribed Scenario 1 – Market risk scenario This scenario is based on the two largest undiversified market risk charges in the prescribed capital requirement (“PCR”) of the regulatory capital requirements for a general business insurer as...
https://www.ia.org.hk/english/legislative_framework/files/GL21_GI_SST_20200113.pdf - Date: 2020-09-24
... the additional specific scenario(s) (“Specific Scenario(s)”) at least 3 months in advance of the relevant valuation date of the ORSA Report. 3 Please refer to Section 2 of GL21. Appendix 1 2 III. Prescribed Scenarios III.1. The three Prescribed Scenarios are set out below. Prescribed Scenario 1...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf - Date: 2020-06-15
... the additional specific scenario(s) (“Specific Scenario(s)”) at least 3 months in advance of the relevant valuation date of the ORSA Report. 3 Please refer to Section 2 of GL21. Appendix 1 2 III. Prescribed Scenarios III.1. The three Prescribed Scenarios are set out below. Prescribed Scenario 1...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf - Date: 2020-12-21
... 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...
https://www.ia.org.hk/english/infocenter/files/IA-InvestHK_EN.pdf - Date: 2021-12-14
... 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...
https://www.ia.org.hk/english/infocenter/files/The_1st_Belt_and_Road_International_Financial_Cooperation_Summit.pdf - Date: 2021-12-09
... 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...
https://www.ia.org.hk/english/infocenter/files/The_1st_Belt_and_Road_International_Financial_Cooperation_Summit.pdf - Date: 2021-09-08
... 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...
https://www.ia.org.hk/english/infocenter/files/IA-InvestHK_EN.pdf - Date: 2022-05-24
[HTML] QDAP
... 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...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/qdap_tool.html - Date: 2023-02-23
... 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...
https://www.ia.org.hk/english/infocenter/files/The_1st_Belt_and_Road_International_Financial_Cooperation_Summit.pdf - Date: 2020-06-12