... aims to promote prudent practice of the industry in underwriting EC insurance and to foster a higher professional standard in this type of business transaction. On the part of the insurance regulator, the Insurance Authority plays an active role in the following areas: (a) Transparency of EC Insurance...

... aims to promote prudent practice of the industry in underwriting EC insurance and to foster a higher professional standard in this type of business transaction. On the part of the insurance regulator, the Insurance Authority plays an active role in the following areas: (a) Transparency of EC Insurance...

... may be found in the same type of figures in different statistical tables due to rounding off. A total of 109 insurers submitted their Hong Kong General Business Returns with annual accounting basis for 2019, which are covered in these statistics (see Appendix 1). Of these insurers, Lloyd's changed its...

... the person is carrying on a regulated activity, in the course of business or employment, or for reward unless the person holds an appropriate type of insurance intermediary licence or is exempt under the IO.  It is an offence for contravening section 64G of the IO.   Regulated...

... Authorisation Name of Insurer Place of Incorporation Type of Business Compañía Española de Seguros y Reaseguros de Crédito y Caución S.A. Spain General Fubon Life Insurance (Hong Kong) Company Limited Hong Kong Long Term Generali Life (Hong Kong) Limited Hong Kong Long Term St. James’s Place International (Hong...

... Authorisation Name of Insurer Place of Incorporation Type of Business Compañía Española de Seguros y Reaseguros de Crédito y Caución S.A. Spain General Fubon Life Insurance (Hong Kong) Company Limited Hong Kong Long Term Generali Life (Hong Kong) Limited Hong Kong Long Term St. James’s Place International (Hong...

... Authorisation Name of Insurer Place of Incorporation Type of Business Compañía Española de Seguros y Reaseguros de Crédito y Caución S.A. Spain General Fubon Life Insurance (Hong Kong) Company Limited Hong Kong Long Term Generali Life (Hong Kong) Limited Hong Kong Long Term St. James’s Place International (Hong...

... projection model or breakdown of results. • Impact – A long term insurer should include in its ORSA Report a description of the impact of each scenario including commentary on the results and, where appropriate, a breakdown of the movements in capital (e.g. by asset/liability type) and PCR (e.g. by PCR risk...

... projection model or breakdown of results. • Impact – A long term insurer should include in its ORSA Report a description of the impact of each scenario including commentary on the results and, where appropriate, a breakdown of the movements in capital (e.g. by asset/liability type) and PCR (e.g. by PCR risk...