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⏭... Rate (%) Outstanding Claims Provision net of Reinsurance Recoveries (HK$) Variable Fee Calculated (HK$) Variable Fee Payable (rounded) (HK$) 1 July 2017 0.0001 40,987,654,321 40,987.6543.. 40,987.65 1 July 2018 0.0005 70,987,654,321 354,938.2716.. 354,938.27 1 July 2019 0.0013 100,987,654,321 1,312...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2020-06-15
... Rate (%) Outstanding Claims Provision net of Reinsurance Recoveries (HK$) Variable Fee Calculated (HK$) Variable Fee Payable (rounded) (HK$) 1 July 2017 0.0001 40,987,654,321 40,987.6543.. 40,987.65 1 July 2018 0.0005 70,987,654,321 354,938.2716.. 354,938.27 1 July 2019 0.0013 100,987,654,321 1,312...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2021-09-13
... Fee Calculated (HK$) Variable Fee Payable (rounded) (HK$) 1 July 2017 0.0001 40,987,654,321 40,987.6543.. 40,987.65 1 July 2018 0.0005 70,987,654,321 354,938.2716.. 354,938.27 1 July 2019 0.0013 100,987,654,321 1,312,839.5061.. 1,312,839.51 1 July 2020 0.0026 130,987,654,321 3,405,679.0123.. 3,405...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/letter_and_note_to_insurers_20170421.pdf -
Date: 2018-01-12
... claim application is received by the HKMCA (which may result in a financial loss); and (ii) 100 % of the premium paid less the cumulative guaranteed monthly annuity payments made by the HKMCA as at the date on which the death claim application is received by the HKMCA, without extra discount (thus...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018_19update_file8.pdf -
Date: 2019-12-02
[PDF]
GL9.pdf
... of Actuaries of Australia] with [x] years of experience of insurance liabilities reserving in general insurance business and am familiar with the situation in Hong Kong as it affects the value of insurance liabilities. Scope [I have been retained by XYZ to conduct an actuarial review of the reserve...
https://www.ia.org.hk/english/legislative_framework/files/GL9.pdf -
Date: 2020-09-24
... respectively. this rate will be adjusted progressively upwards to 0.10% by april 2021, subject to a cap of hk$100 and hk$5,000 for long term and general policies respectively. authorization and annual fees have been payable by insurers to the ia since 26 June 2017, comprising a fixed fee of hk$300,000 (hk$30...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2019_20_Eng.pdf -
Date: 2021-12-14
... respectively. this rate will be adjusted progressively upwards to 0.10% by april 2021, subject to a cap of hk$100 and hk$5,000 for long term and general policies respectively. authorization and annual fees have been payable by insurers to the ia since 26 June 2017, comprising a fixed fee of hk$300,000 (hk$30...
https://www.ia.org.hk/english/infocenter/files/IA_Annual_Report_2019_20_Eng.pdf -
Date: 2022-05-24
... the Chief District Judge. 1.17 The Magistrates’ Courts exercise criminal jurisdiction over a wide range of offences. Although there is a general limit of two years’ imprisonment or a fine of HK$100,000 certain statutory provisions give magistrates the power to sentence up to three years’ imprisonment...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/hk-risk-assessment-report_e.pdf -
Date: 2021-11-12