... Observation • No evidence that PEP / terrorist checking (such as making reference to publicly available information and screening against current terrorist and sanctions designations) was performed against the customers. • Use of third party vendor to conduct comprehensive screening (Ref: Guideline paragraph...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/e-ppt20121005-01.pdf -
Date: 2021-11-12
... Observation • No evidence that PEP / terrorist checking (such as making reference to publicly available information and screening against current terrorist and sanctions designations) was performed against the customers. • Use of third party vendor to conduct comprehensive screening (Ref: Guideline paragraph...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/e-ppt20121005-01.pdf -
Date: 2022-04-27
... Observation • No evidence that PEP / terrorist checking (such as making reference to publicly available information and screening against current terrorist and sanctions designations) was performed against the customers. • Use of third party vendor to conduct comprehensive screening (Ref: Guideline paragraph...
https://www.ia.org.hk/english/supervision/antimoney_laundering/files/e-ppt20121005-01.pdf -
Date: 2019-11-05
... income $180,000 $20,000 Annual income $240,000 $30,000 Annual income $360,000 $60,000 Annual income $720,000 $60,000 Annual income $720,000 Tax savings The following table provides an example of the potential annual tax savings for individuals with di�erent incomes and tax brackets. Assuming the taxpayer...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/files/Saving_for_Retirement_Eng_Final.pdf -
Date: 2020-06-23
... products in Hong Kong, most of them being annuity certain policies. According to the latest market statistics, annuity business only accounted for around 3% of the total premiums of the long term business. Recently, the Hong Kong Mortgage Corporation (HKMC) has announced its plan to roll out a new life...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_on_19.10.2017_Keynote_Address_final.pdf -
Date: 2021-12-09
... products in Hong Kong, most of them being annuity certain policies. According to the latest market statistics, annuity business only accounted for around 3% of the total premiums of the long term business. Recently, the Hong Kong Mortgage Corporation (HKMC) has announced its plan to roll out a new life...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_on_19.10.2017_Keynote_Address_final.pdf -
Date: 2021-09-08
... products in Hong Kong, most of them being annuity certain policies. According to the latest market statistics, annuity business only accounted for around 3% of the total premiums of the long term business. Recently, the Hong Kong Mortgage Corporation (HKMC) has announced its plan to roll out a new life...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_on_19.10.2017_Keynote_Address_final.pdf -
Date: 2020-06-12
... value at the time of death. Who should consider it? Young people wi th l imi ted financial means; individuals who have high protection needs for a period of time or who are looking solely for protection and have other financial plans Individuals in a strong financial s i t ua t i on w ho wa n t b o t h...
https://www.ia.org.hk/english/infocenter/files/Understanding_Life_Insurance_Eng.pdf -
Date: 2021-12-14
... of business in terms of GWP. While direct EC business continued to benefit from the introduction of the standardized practice for wage roll declaration and reported strong growth in GWP of 14.5% in 2019, the underwriting performance slightly worsened, with a combined ratio of 105.5% compared with...
https://www.ia.org.hk/english/infocenter/statistics/files/Market_Overview_ENG_2019.pdf -
Date: 2020-09-30
... 2022. As foreshadowed in our circular of 25 August 2020, during the 4th quarter of 2020, the IA has undertaken a full and detailed schedule of work in preparation for the full roll-out of the licence application process for deemed licensees. Numerous briefing sessions have been carried out to the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_08012021_Applications_for_new_licences_by_deemed_licensees.pdf -
Date: 2021-12-10