... Quantitative Impact Study and are addressing some technical adjustments on 4 Pillar 1 put forward by stakeholders including ASHK to pave way for industry consultation. On Pillar 2, the Guideline on Enterprise Risk Management has taken effect and the first set of Own Risk and Solvency Assessment reports is due...

... it bears, we have completed the third Quantitative Impact Study and are addressing some technical adjustments on Pillar 1 put forward by stakeholders including ASHK to pave way for industry consultation. On Pillar 2, the Guideline on Enterprise Risk Management has taken effect and the first set of...

... have completed the third Quantitative Impact Study and are addressing some technical adjustments on Pillar 1 put forward by stakeholders including ASHK to pave way for industry consultation. On Pillar 2, the Guideline on Enterprise Risk Management has taken effect and the first set of Own Risk and...

... that the most potent change being rolled out by the IA is the RBC regime, which aims at dovetailing our solvency standards with contemporary international practices. After undergoing some years of development and completing three times of QIS, I am glad that the technical considerations under Pillar 1...

... Islamiyah (QDe.092) involved in planning and funding multiple terrorist attacks in the Philippines and Indonesia. Provided training to Abu Sayyaf Group (QDe.001). Convicted for his role in the 2002 Bali bombings and sentenced to 20 years in prison in Jun. 2012. Remains in custody in Indonesia as at May 2015...

... Observation • No evidence that PEP / terrorist checking (such as making reference to publicly available information and screening against current terrorist and sanctions designations) was performed against the customers. • Use of third party vendor to conduct comprehensive screening (Ref: Guideline paragraph...

... Observation • No evidence that PEP / terrorist checking (such as making reference to publicly available information and screening against current terrorist and sanctions designations) was performed against the customers. • Use of third party vendor to conduct comprehensive screening (Ref: Guideline paragraph...

... Observation • No evidence that PEP / terrorist checking (such as making reference to publicly available information and screening against current terrorist and sanctions designations) was performed against the customers. • Use of third party vendor to conduct comprehensive screening (Ref: Guideline paragraph...

... Report. 6 Annex 2 - Examples of risks not included in Pillar 1 The following is a list of examples of the insurance risks that are not covered in the Pillar 1 RBC Requirements. Insurance risks • Event hitting multiple lines of business (e.g. property and inland transit) • Event hitting multiple risks from...

... -180,000 -180,000 PCR Solvency Ratio -20% -10% 8% 7% General business insurers are expected to add commentary as outlined in Section V. 4 Valuation date of the ORSA Report. 6 Annex 2 - Examples of risks not included in Pillar 1 The following is a list of examples of the insurance risks that are not...