... specified in the Insurance Companies Ordinance (Cap.41) (“ICO”). The examination focuses on key risks that have material impact on the financial strength and sustainability of an insurer, with due emphasis placed on adequacy of paid-up capital, asset quality, reserving position and reinsurance arrangements....

... specified in the Insurance Companies Ordinance (Cap.41) (“ICO”). The examination focuses on key risks that have material impact on the financial strength and sustainability of an insurer, with due emphasis placed on adequacy of paid-up capital, asset quality, reserving position and reinsurance arrangements....

... conduct equivalence assessment on the insurance solvency regulatory regimes of the Mainland and Hong Kong. At present, the Mainland and Hong Kong are developing their own enhanced risk-based solvency regulatory regimes with reference to their own circumstances and international benchmarks. The Agreement...

... conduct equivalence assessment on the insurance solvency regulatory regimes of the Mainland and Hong Kong. At present, the Mainland and Hong Kong are developing their own enhanced risk-based solvency regulatory regimes with reference to their own circumstances and international benchmarks. The Agreement...

... conduct equivalence assessment on the insurance solvency regulatory regimes of the Mainland and Hong Kong. At present, the Mainland and Hong Kong are developing their own enhanced risk-based solvency regulatory regimes with reference to their own circumstances and international benchmarks. The Agreement...

... conduct equivalence assessment on the insurance solvency regulatory regimes of the Mainland and Hong Kong. At present, the Mainland and Hong Kong are developing their own enhanced risk-based solvency regulatory regimes with reference to their own circumstances and international benchmarks. The Agreement...

... appropriate safety margin on top of these amounts is required. 2 8. For the purposes of determining compliance with the solvency margin requirement, the value of assets, in the case of a general business insurer, is to be determined in accordance with the Insurance Companies (General Business) (Valuation...

... appropriate safety margin on top of these amounts is required. 2 8. For the purposes of determining compliance with the solvency margin requirement, the value of assets, in the case of a general business insurer, is to be determined in accordance with the Insurance Companies (General Business) (Valuation...

... process.  Furthermore, we are closely liaising with the Self-regulatory Organizations (“SROs”) on transitional arrangements to ensure smooth transfer of data and records.     Industry Consultation To ensure appropriateness of the rules, codes and...

..., the MPFA is the authority to register MPF intermediaries, to issue guidelines on compliance with statutory requirements applicable to registered MPF intermediaries, and to impose disciplinary sanctions. On the other hand, the Insurance Authority (“IA”) is given the statutory...