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⏭... potential market malpractice, but also enable prospective policy holders to make informed decisions. Following the implementation of GL15, an additional illustration rate of zero investment return (0%) was also required from January 2015 on top of the illustration rates of 3%, 6% and 9% as set in...
https://www.ia.org.hk/english/consumer/industry_practices_associated_with_the_sale_of_Insurance_policies.html -
Date: 2020-04-21
... premiums will decline by 3 0.1%, while total sum of related claims could eventually balloon to a mind- boggling US$100 billion. The insurance industry in Hong Kong is not immune, with latest statistics showing that premium growth for the first three quarters of 2020 had slowed down to 5.5%. New business...
https://www.ia.org.hk/english/infocenter/files/Asian_Insurance_Forum_2020.pdf -
Date: 2021-09-08
... active adult. Market statistics have identified MPGs for other jurisdictions in Asia ranging from USD 0.6 trillion (HKD 4.7 trillion) for Singapore to USD 40.6 trillion (HKD 316.7 trillion) for Mainland China. Significant size of MPG In contrast to other financial instruments, where funds require a much...
https://www.ia.org.hk/english/infocenter/files/Mortality_Protection_Gap_Report_eng.pdf -
Date: 2021-12-14
... active adult. Market statistics have identified MPGs for other jurisdictions in Asia ranging from USD 0.6 trillion (HKD 4.7 trillion) for Singapore to USD 40.6 trillion (HKD 316.7 trillion) for Mainland China. Significant size of MPG In contrast to other financial instruments, where funds require a much...
https://www.ia.org.hk/english/infocenter/files/Mortality_Protection_Gap_Report_eng.pdf -
Date: 2022-05-24
... engines. According to the Insurance Market Outlook issued by Munich Re, emerging markets in Asia are still expected to have rapid growth till 2030. From now to 2030, the insurance premiums of Asia will expect an average annual growth rate of 7.0% and 7.6% for general insurance and life insurance...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2021-12-09
... engines. According to the Insurance Market Outlook issued by Munich Re, emerging markets in Asia are still expected to have rapid growth till 2030. From now to 2030, the insurance premiums of Asia will expect an average annual growth rate of 7.0% and 7.6% for general insurance and life insurance...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2021-09-08
... engines. According to the Insurance Market Outlook issued by Munich Re, emerging markets in Asia are still expected to have rapid growth till 2030. From now to 2030, the insurance premiums of Asia will expect an average annual growth rate of 7.0% and 7.6% for general insurance and life insurance...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2020-06-12
[PDF]
Survey_GL21.pdf
... following items a) to e)? Please select the best answer from the drop-down menu. [Readiness status] - Basic (0% - 20%) [relevant item is not yet in place or not defined consistently] - Developing (21% - 40%) [relevant item is defined but capabilities and standards vary] - Sustainable (41% - 60) [relevant...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Survey_GL21.pdf -
Date: 2019-11-29
... below: Submitted on or before (in HK$) Documentary proof of: 28 Feb 2011 31 Aug 2011 29 Feb 2012 Passing e-IL Paper Exemption by recognized qualification 0 100 200 20 extra IL CPD Hours 350 700 Time Line Various relevant dates are summarized in the following table for ease of reference: Date Per IIQAS...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN7on_Adm_Framework_IIQE_for_ILLT_Ins._v1_8_12_09_eg19.pdf -
Date: 2019-12-20