... 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
... 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
... 表L7 個人人壽業務 Table L7 Individual Life Business 2015 2016 2017 2015 2016 2017 2015 2016 2017 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 百萬元 $m 81,521 93,508 128,289 6,398.7 8,161.5 11,870.7 19,022.8 25,515.5 35,071.2 27,873 25,826 23,384 392.8 363.1 329.3 671.9 2,740.6 2,998.4 - - - - - - - - - 109,394 119...
https://www.ia.org.hk/english/infocenter/statistics/files/Table-L7_2017.pdf -
Date: 2019-08-19
... staff member of our company, has been appointed by the senior management and has been carrying out the functions in accordance with the Guideline; 3 We have formulated, maintained, operated policies and procedures in relation to the Guideline, including (a) Staff screening and training; (b) Maintenance...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_Annual_AML_Compliance_Certificate_2_May_2019_eg19.pdf -
Date: 2019-12-20
... 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