... upsurge of 57.0% in Pecuniary Loss business. However, COVID-19 seriously affected direct sales of medical insurance and travel insurance, and dampened Accident & Health business, which recorded a decline of 3.5% in 2020 for the first time since the SARS outbreak in 2003. While overall underwriting profit...
https://www.ia.org.hk/english/infocenter/statistics/files/GB_Market_Overview_Eng_FINAL.pdf -
Date: 2021-10-07
... which is subject to GL21 is required to prepare. In particular, paragraph 9.5 (k)(ii) of GL21 stipulates that authorized (re)insurers carrying on general insurance business to which GL21 applies 3 (“general business insurers”) should use the scenarios prescribed by the IA (“Prescribed Scenarios”) in...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-06-15
... Commission Ratio and Management Expense Ratio 3 Industry Statistics Highlights – General Insurance Business Premium (Direct and Reinsurance Inward Business) Total Gross Written Premiums (“GWP”) for Hong Kong business, comprising direct and reinsurance inward business, amounted to HK$55,435 million in 2019....
https://www.ia.org.hk/english/infocenter/statistics/files/Market_Overview_ENG_2019.pdf -
Date: 2020-09-30
... which is subject to GL21 is required to prepare. In particular, paragraph 9.5 (k)(ii) of GL21 stipulates that authorized (re)insurers carrying on general insurance business to which GL21 applies 3 (“general business insurers”) should use the scenarios prescribed by the IA (“Prescribed Scenarios”) in...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-12-21
... 26,249 2,143 Canada Life Assurance Canada Life Assurance 31-12-17 - - - - - Canada Life Canada Life 31-12-17 - - - - - 中國人壽 China Life 31-12-17 13 1,275 437,708 833 133 太壽香港 TPLHK 31-12-17 3 292 571,860 426 93 安達人壽 Chubb Life 31-12-17 - - - - - 信諾環球人壽 CIGNA Worldwide Life 31-12-17 49 9,556 2,920,921...
https://www.ia.org.hk/english/infocenter/statistics/files/Table-L10_2017.pdf -
Date: 2019-08-19
... Consultation Conclusions on the Draft Guideline on Exercising Power to Impose Pecuniary Penalty in Respect of Regulated Persons Under the Insurance Ordinance (Cap. 41) June 2019 Contents Page Introduction 1 Feedback Received and IA’s Responses 3 Feedback Outside of Scope of Consultation Exercise 9...
https://www.ia.org.hk/english/infocenter/files/Consultation_Conclusions_on_Pecuniary_Penalty_GL_Eng.pdf -
Date: 2019-09-03
... Consultation Conclusions on the Draft Guideline on Exercising Power to Impose Pecuniary Penalty in Respect of Regulated Persons Under the Insurance Ordinance (Cap. 41) June 2019 Contents Page Introduction 1 Feedback Received and IA’s Responses 3 Feedback Outside of Scope of Consultation Exercise 9...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Consultation_Conclusions_on_Pecuniary_Penalty_GL_Eng.pdf -
Date: 2019-09-10
... Kong. 2. The IA welcomes written submissions on or before 16 October 2020 by any of the following means: Mail: Insurance Authority 19/F, 41 Heung Yip Road Wong Chuk Hang Hong Kong Fax: (852) 3899 9993 Email:
[email protected] 3. A feedback template is enclosed. 4. Any person making a submission on behalf of...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_Draft_Insurance_Special_Purpose_Business_Rules_ENG.pdf -
Date: 2020-09-04
... Contents: 1.2.3 Voluntary Health Insurance Scheme 2. The following text is inserted immediately after Section 1.2.2(d): 1.2.3 Voluntary Health Insurance Scheme (a) Background Fully launched, i.e. offered to consumers, on 1 April 2019, the Voluntary Health Insurance Scheme (“VHIS”) is a policy initiative...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P2_SN_eng_2018_2019update_file6.pdf -
Date: 2019-12-02
... Notes may be reproduced for the purposes of selling or making profit without the prior permission of the Insurance Authority. ii TABLE OF CONTENTS Chapter Page 1. INSURANCE PRODUCTS 1/1 1.1 Motor Insurance 1/3 1.1.1 Private Vehicle 1.1.2 Motor Cycle 1.1.3 Commercial Vehicle 1.2 Health Insurance 1/17...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GI_SN_eng_2018.pdf -
Date: 2019-12-02