... of Insurance Supervisors (IAIS) • insurance regulators should be financially and operationally independent 2 Purpose To facilitate sustainable development of the insurance industry and protect policyholders with a modernized regulatory infrastructure 3 Key statutory functions 4 Regulate insurers and...

... GL15 GUIDELINE ON UNDERWRITING 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 the Appointed Actuary……………………………………….. 3...

... of in-force long term business were $146.7 billion in the first quarter of 2020 (increased by 11%), mainly comprising $124.4 billion of Individual Life and Annuity (Non-Linked) business (increased by 7.3%), $6.4 billion of Individual Life and Annuity (Linked) business (decreased by 2.7%), and $13.9...

... developments of the COVID-19 pandemic, the Insurance Authority (“IA”) sees the urgent need to introduce further facilitative measures below to ensure potential policy holders’ needs are met while minimizing the risk of infection during the sale process of long term insurance policies. Extension of Phase 2 of...

... 1,190 7,036 41,826 3,505,463 American Family Life American Family Life 31-12-18 - - - - 亞洲保險 Asia Insurance 31-12-18 - - - - 忠意保險 Generali 31-12-18 - - - - 英傑華 Aviva 31-12-18 - - - - 安盛保險（百慕達） AXA China (Bermuda) 31-12-18 2,695 1,727 168,039 641,907 安盛金融 AXA China (HK) 31-12-18 - - - - AXA Life AXA...

... 51.6%). Around 29,000 Qualifying Deferred Annuity Policies were issued, attracting $2 billion in terms of premiums that represent 1.5% of the total for individual businesses. New business premiums derived from Mainland visitors were $2.1 billion (increased by 200.3%), representing 1.5% of the...

... long term business were $258.7 billion in the first half of 2023 (decreased by 2.2%), mainly comprising $227.5 billion from Individual Life and Annuity (Non-Linked) business (increased by 3.1%), $12.7 billion from Individual Life and Annuity (Linked) business (decreased by 15.9%), as well as $14.8...

... premiums of in-force long term business were $374.8 billion in the first three quarters of 2023 (decreased by 1.7%), mainly comprising $329.2 billion from Individual Life and Annuity (Non-Linked) business (increased by 2.8%), $18.2 billion from Individual Life and Annuity (Linked) business (decreased by 17...

... Administrative Region Contents 1. General introduction 2. Overview of the key areas*by chapters *Factors considered:  Revised guidance  New guidance  Questions and enquiries received Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region General Introduction...

... Administrative Region Contents 1. General introduction 2. Overview of the key areas*by chapters *Factors considered:  Revised guidance  New guidance  Questions and enquiries received Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region General Introduction...