... payable upon authorization and annually thereafter consist of two elements, namely, a fixed fee of $300,000 ($30,000 for captive insurer; and $600,000 for composite insurer) and a variable fee based on insurance liabilities. 3. This Note elaborates the ascertainment of variable fee and the payment...
https://www.ia.org.hk/english/aboutus/role/files/2021.EngNotes_.pdf -
Date: 2021-09-13
... annually thereafter consists of two elements, namely, a fixed fee of $300,000 (for captive insurer, $30,000; and for composite insurer, $600,000) and a variable fee, subject to a cap of $7 million, of 0.0039% on insurance liabilities. 3. This Note elaborates the ascertainment of variable fee and the...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2021-09-13
... circumstances], the fee payable upon authorization and annually thereafter2 consists of two elements, namely, a fixed fee of $300,000 (for captive insurer, $30,000; and for composite insurer, $600,000) and a variable fee, subject to a cap of $7 million, of 0.0039% on insurance liabilities. 3. This Note...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/letter_and_note_to_insurers_20170421.pdf -
Date: 2018-01-12
... 表L7 個人人壽業務 Table L7 Individual Life Business 2016 2017 2018 2016 2017 2018 2016 2017 2018 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 93,508 128,289 170,508 8,161.5 11,870.7 20,391.5 25,515.5 35,071.2 51,260.6 25,826 23,384 21,418 363.1 329.3 300.7 2,740.6 2,998.4 2,541.6 - - - - - - - - - 119,334...
https://www.ia.org.hk/english/infocenter/statistics/files/Table-L7_2018.pdf -
Date: 2019-09-30
... 表L7 個人人壽業務 Table L7 Individual Life Business 2017 2018 2019 2017 2018 2019 2017 2018 2019 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 128,289 170,508 917,635 11,870.7 20,391.5 56,172.7 35,071.2 51,260.6 319,902.4 23,384 21,418 19,771 329.3 300.7 276.2 2,998.4 2,541.6 2,734.9 - - - - - - - - - 151...
https://www.ia.org.hk/english/infocenter/statistics/files/Table-L7_2019.pdf -
Date: 2020-09-30
... DECEMBER XXXX (Expressed in Hong Kong Dollars) Consolidated Subsidiary XX Subsidiary YY Note (1) Note (2) $m $m $m Land & buildings 500 300 170 Cash & bank balances 520 10 10 Short term deposits with deposit-taking companies 360 30 30 Receivables relating to insurance business - direct business 1,000...
https://www.ia.org.hk/english/legislative_framework/files/GL2.pdf -
Date: 2020-09-24
...% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% - 100 200 300 400 500 600 Equity Market Performance and Risk-free Rate FTSE All-World (LHS) US 10-year Treasury yield, % (RHS) US 30-year Treasury yield, % (RHS) Max: 488 Min: 292 Max: 2.34% Min: 1.27%Max: 1.76% Min: 0.62% Market Dynamics : Global 3Sources...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2021.pdf -
Date: 2021-12-09
... to its long-term office in Wong Chuk Hang in December 2017. To take up its additional regulatory responsibilities and prepare for the launch of a direct licensing regime for insurance intermediaries by mid-2019, the IA will gradually increase its workforce from the current over 180 to around 300...
https://www.ia.org.hk/english/infocenter/press_releases/Insurance_Authority_hosts_housewarming_reception_in_its_new_office.html -
Date: 2018-07-10
... you may be aware, the Financial Secretary has assigned two new tasks to the IA in his Budget speech delivered yesterday. First, to explore ways to enhance Hong Kong’s competitiveness as an insurance hub, including tax arrangements and other regulatory requirements. Second, to prepare a guideline to...
https://www.ia.org.hk/english/infocenter/files/HKCIB_Spring_Dinner.pdf -
Date: 2021-12-09
... you may be aware, the Financial Secretary has assigned two new tasks to the IA in his Budget speech delivered yesterday. First, to explore ways to enhance Hong Kong’s competitiveness as an insurance hub, including tax arrangements and other regulatory requirements. Second, to prepare a guideline to...
https://www.ia.org.hk/english/infocenter/files/HKCIB_Spring_Dinner.pdf -
Date: 2021-09-08