... minimum requirements for the Own Risk and Solvency Assessment (“ORSA”) Report that each authorized insurer 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...

... 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...

... 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...

... 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....

... 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...

... 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...

... 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...

... 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...

... 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...

... 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...