... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonFitandProperCriteriaforLicensedInsuranceIntermediariesundertheInsuranceOrdinance_Brokers.pdf -
Date: 2020-06-24
... GL23 GUIDELINE ON “FIT AND PROPER” CRITERIA FOR LICENSED INSURANCE INTERMEDIARIES UNDER THE INSURANCE ORDINANCE (CAP. 41) Insurance Authority Contents Page 1. Introduction 1 2. Interpretation 1 3. Scope and Application 2 4. Determination of “Fit and Proper” 4 5. Criteria for Individuals 8 6....
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Eng_GL23_FPP.pdf -
Date: 2019-09-10
... GL16 GUIDELINE ON UNDERWRITING LONG TERM INSURANCE BUSINESS (OTHER THAN CLASS C BUSINESS) Insurance Authority Contents Page 1. Introduction………………………………………………. 1 2. Relevant Regulatory Documents…………………………. 1 3. Purpose…………………………………………………… 2 4. Duties of the Board of Directors, the Controller and...
https://www.ia.org.hk/english/legislative_framework/files/GL16.pdf -
Date: 2020-09-24
...出生 Marriage and birth 0 0 0 140 C 相連長期 Linked long term 基本計劃 Base Plan 10,431 3,945 5,843,628 1,978,176 5,538,525 268,786 附加合約: Supplementary Contracts: 意外及疾病 (醫療) Accident & Sickness (Medical) 0 5,981 意外及疾病 (非醫療) Accident & Sickness (Non-medical) 0 585 非意外及疾病 Other than Accident & Sickness 0 413,910...
https://www.ia.org.hk/english/infocenter/statistics/files/2q19long.pdf -
Date: 2020-03-13
... 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...
https://www.ia.org.hk/english/legislative_framework/files/GL21_GI_SST_20200113.pdf -
Date: 2020-09-24
... 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