... Premium Income Long Term Insurance Business (Office premiums) $ million 173,906 198,915 224,124 General Insurance Business (Gross premiums) $ million 31,055 34,835 39,205 Annual Growth Rate Long Term Insurance Business % 11.4 14.4 12.7 General Insurance Business % 8.7 12.2 12.5 Insurance Density Long Term...
https://www.ia.org.hk/english/infocenter/files/AR2013.pdf -
Date: 2022-05-24
... Premium Income Long Term Insurance Business (Office premiums) $ million 173,906 198,915 224,124 General Insurance Business (Gross premiums) $ million 31,055 34,835 39,205 Annual Growth Rate Long Term Insurance Business % 11.4 14.4 12.7 General Insurance Business % 8.7 12.2 12.5 Insurance Density Long Term...
https://www.ia.org.hk/english/infocenter/files/AR2013.pdf -
Date: 2020-06-23
... single premium contracts; (b) single premium life insurance policies that store cash value; (c) fixed and variable annuities; and (d) (second hand) endowment policies. 1.15 ML and TF using reinsurance could occur either by establishing fictitious (re)insurance companies or reinsurance intermediaries...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GL3_AML_Eng.pdf -
Date: 2020-06-16
... single premium contracts; (b) single premium life insurance policies that store cash value; (c) fixed and variable annuities; and (d) (second hand) endowment policies. 1.15 ML and TF using reinsurance could occur either by establishing fictitious (re)insurance companies or reinsurance intermediaries...
https://www.ia.org.hk/english/legislative_framework/files/GL3_Eng.pdf -
Date: 2020-09-24
... complex transactions with their origins elsewhere in the financial system. 1.14 Examples of the type of long term insurance contracts that are vulnerable as a vehicle for laundering money or financing terrorism are products such as: (a) unit-linked or with profit single premium contracts; (b) single...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/GL3_Appendix_A.pdf -
Date: 2019-02-01
... 1.14 Examples of the type of long term insurance contracts that are vulnerable as a vehicle for laundering money or financing terrorism are products such as: (a) unit-linked or with profit single premium contracts; (b) single premium life insurance policies that store cash value; (c) fixed and variable...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/20190913_1_Appendix_A.pdf -
Date: 2019-12-24
...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2021-12-09
...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2021-09-08
... adequate and effective cybersecurity measures before commencing any business relationship. Conduct Risks Where VA-related activities form part of the process in arranging contracts of insurance (through premium payment) or carrying out obligations under contracts of insurance (coverage provided in relation...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.01.2022.pdf -
Date: 2022-05-31
...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2020-06-12