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... 11 January 2021 Our Ref: INS/TEC/6/20/6 Subfile IV By email only To: Chief Executives of authorized insurers carrying on long term insurance business Dear Sirs, Prescribed Scenarios for Long Term Insurance Business in relation to GL21 I am writing to inform you that the Prescribed Scenarios for...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111.pdf - Date: 2021-09-09
... 2021. The premium growth achieved by the market in 2022 was mainly attributable to Accident & Health (“A&H”) business and General Liability (comprising Employees’ Compensation (“EC”)) business which reported growth of 8.3% and 6.1% respectively due to a...
https://www.ia.org.hk/english/infocenter/statistics/annual_general_business_statistics.html - Date: 2023-09-29
... Insurance Authority welcomes the introduction of the amendment bill for the implementation of the Risk-based Capital regime 6 April 2023 The Insurance Authority (IA) welcomes the gazettal of the Insurance (Amendment) Bill 2023 (the Bill) today (6...
https://www.ia.org.hk/english/infocenter/press_releases/20230406.html - Date: 2023-04-17
... Amendments to the Guideline on Exercising Power to Impose Pecuniary Penalty in respect of Anti-Money Laundering and Counter-Terrorist Financing 29 June 2018 Our Ref: INS/TEC/6/45 To: Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Amendments to the Guideline...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20180629.pdf - Date: 2019-02-01
... Management Expenses Underwriting Profit/(Loss) 18,331,545 14,716,785 14,324,524 2,550,920 1,768,073 12,271,312 9,944,037 10,089,262 6,088 2,174,785 286,316 6,243,466 5,218,742 4,951,226 1,815,508 1,467,849 3,601,375 2,775,932 3,241,792 2,650 659,042 (420,107) 160,079 56,787 50,799 18,340 13,870 49,716 27,954...
https://www.ia.org.hk/english/infocenter/statistics/files/4q19gen.pdf - Date: 2020-03-13
... OU TD AT ED VE RS IO N (Si xth Ed itio n) OU TD AT ED VE RS IO N (Si xth Ed itio n) OU TD AT ED VE RS IO N (Si xth Ed itio n) OU TD AT ED VE RS IO N (Si xth Ed itio n) OU TD AT ED VE RS IO N (Si xth Ed itio n) OU TD AT ED VE RS IO N (Si xth Ed itio n) OU TD AT ED VE RS IO N (Si xth Ed itio n) OU TD...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6a_HKFI_CoP_for_Admin_of_Agents_6th_Edition_1_6_2004_20190823.pdf - Date: 2019-12-20
... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6...
https://www.ia.org.hk/english/legislative_framework/files/Eng_GL23_FPP.pdf - Date: 2020-09-24
... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonFitandProperCriteriaforLicensedInsuranceIntermediariesundertheInsuranceOrdinance.pdf - Date: 2020-06-24
... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonFitandProperCriteriaforLicensedInsuranceIntermediariesundertheInsuranceOrdinance_Brokers.pdf - Date: 2020-06-24
... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Eng_GL23_FPP.pdf - Date: 2019-09-10