... to promote cybersecurity among insurers. Risk-based Capital Regime Another major initiative of the IA is the development of a Risk-based Capital (RBC) Regime for insurance companies, in line with international standards and best practices. The existing Solvency I-type or rule-based solvency regime...

... to promote cybersecurity among insurers. Risk-based Capital Regime Another major initiative of the IA is the development of a Risk-based Capital (RBC) Regime for insurance companies, in line with international standards and best practices. The existing Solvency I-type or rule-based solvency regime...

... to promote cybersecurity among insurers. Risk-based Capital Regime Another major initiative of the IA is the development of a Risk-based Capital (RBC) Regime for insurance companies, in line with international standards and best practices. The existing Solvency I-type or rule-based solvency regime...

... who manages or controls any matter relating to a regulated activity of that company. Contravention – A person who contravenes this restriction commits an offence and is liable to a fine of up to level 6 (i.e. HK$100,000 at present) and 6 months’ imprisonment. Commentary and Guidance – During the past...

... respectively. this rate will be adjusted progressively upwards to 0.10% by april 2021, subject to a cap of hk$100 and hk$5,000 for long term and general policies respectively. authorization and annual fees have been payable by insurers to the ia since 26 June 2017, comprising a fixed fee of hk$300,000 (hk$30...

... respectively. this rate will be adjusted progressively upwards to 0.10% by april 2021, subject to a cap of hk$100 and hk$5,000 for long term and general policies respectively. authorization and annual fees have been payable by insurers to the ia since 26 June 2017, comprising a fixed fee of hk$300,000 (hk$30...