... Resounding success of the Qualifying Deferred Annuity Policy and Voluntary Health Insurance Scheme as well as our recent appointment as the group-wide supervisor of Prudential plc after its demerger are fine examples of what could be done. On the general sector, we should place dual emphasis on tackling...
https://www.ia.org.hk/english/infocenter/files/29th_Pacific_Insurance_Conference.pdf -
Date: 2020-06-12
... those duplicative requirements in GL10 after the ERM Guideline is finalised and comes into effect. Implementation Timeframe We aim to finalise the ERM Guideline by late 2018 and propose that the ERM Guideline should take effect from 1 January 2020. The tentative implementation roadmap is outlined below...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20180508.pdf -
Date: 2018-11-30
... Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida and associated individuals, groups, undertakings and entities removed the name below from the ISIL (Da’esh) and Al-Qaida Sanctions List after concluding its consideration of the delisting request...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/cir_aml_20170817.pdf -
Date: 2018-01-15
... that the most potent change being rolled out by the IA is the RBC regime, which aims at dovetailing our solvency standards with contemporary international practices. After undergoing some years of development and completing three times of QIS, I am glad that the technical considerations under Pillar 1...
https://www.ia.org.hk/english/infocenter/files/ASHK_Symposium_2021.pdf -
Date: 2021-12-09
... it is the most commonly used evidence of an insurance contract. An insured who has been affected by a fire will not expect the insurer to deny his insurance claim on the grounds that the insurance contract no longer exists after the insurance policy has been destroyed in the fire. Contracts may...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf -
Date: 2019-12-02
... illustration period. The projected surrender values should be shown as at the end of each of the first five years of the contract, and for every fifth year thereafter until maturity or the end of policy whichever is applicable, after deduction of all relevant charges as described in the above approach. The...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4.GN_on_ILAS_Illustration_Document.pdf -
Date: 2019-12-20