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⏭... premiums (excluding Retirement Scheme business) of long term business were $133.4 billion (decreased by 22.8%), made up of $120.2 billion from Individual Life and Annuity (Non-Linked) business (decreased by 25%) and $12.8 billion from Linked business (increased by 8.8%). In 2020, some 64,000 Qualifying...
https://www.ia.org.hk/english/infocenter/press_releases/20210312.html -
Date: 2021-09-03
[PDF]
cir_20190809.pdf
... industry. In developing the QIS 3 package, the IA has worked on the industry data collected from the Second Quantitative Impact Study (QIS 2), and engaged representatives of the Hong Kong Federation of Insurers and the Actuarial Society of Hong Kong for technical discussion, including the approach for...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20190809.pdf -
Date: 2019-11-29
... for suitability mismatch involving mismatch of the recommended product portfolio with customer’s responses to “objectives” in Q1 and/or “type(s) of insurance products” in Q2 of the FNA Form, and not “target benefit/protection period” in Q3 due to the diversity and different nature of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/3_HKFI_FAQ_Initiatives_on_FNA_v3_12_12_2016_20190823.pdf -
Date: 2019-12-20
... (Please specify___________________________________) [Note: You must reply this question. Do not leave it blank. We will reject your application if you do not reply.] 2. What type(s) of insurance products you are looking for to meet your objectives above? (tick one or more) a) Pure insurance product...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_HKFI_Initiative_on_FNA_v6_1_6_2018_20190823.pdf -
Date: 2019-12-20
... average age of policy holders is 47.5, while the average annualised premiums per policy are around $71,000. Some 36,000 QDAPs worth $2.5 billion were issued in the first quarter of 2020, representing 7.3% of total new office premiums for individual business. New office premiums in respect of...
https://www.ia.org.hk/english/infocenter/press_releases/20200529.html -
Date: 2021-09-03
...%), mainly comprising $412.6 billion from Individual Life and Annuity (Non-Linked) business (decreased by 7.6%), $28.3 billion from Individual Life and Annuity (Linked) business (decreased by 36.5%), as well as $44.5 billion from Retirement Scheme business (increased by 1.3%). The decrease in revenue...
https://www.ia.org.hk/english/infocenter/press_releases/20230310_1.html -
Date: 2023-03-10
[PDF]
cir_aml_20180507.pdf
... Presentation – Suspicious Transaction Reports (STR) 4:45pm – 5:00pm Q & A Session To Insurance Authority Email [email protected] Deadline for enrolment 18 May 2018 (Friday) Name of Company Type of Company Name of Contact Person Post Telephone No. Seminar 1 * Seminar 2 * 5 Jun 2018 (Tue) 12 Jun 2018 (Tue) 2:30 pm...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20180507.pdf -
Date: 2019-02-01