... GL30 GUIDELINE ON FINANCIAL NEEDS ANALYSIS Insurance Authority Contents Page 1. Introduction……………………………………………….. 1 2. Interpretation……………………………………………… 1 3. Relevant Regulatory Requirements and Status of this Guideline……………………..…………………………… 2 4. Scope of Application……………………………...……… 3 5. Purpose...

... Comprehensive 45,913 3,841 2,170,122 第三者 Third Party 118,133 23,427 Statistics contained herein are compiled from statistical information provided by insurers to the Insurance Authority in their Hong Kong Motor Vehicle Insurance (Direct Business) by Class of Vehicle and Type of Coverage Return. Such statistics...

... officers. The IA will take account of this in its supervisory and disciplinary approach. Individual Licensees The IA will conduct CPD compliance audits for each Assessment Period. These will take place after the reporting deadline of 30 September for the Assessment Period in question. Upon request...

... officers. The IA will take account of this in its supervisory and disciplinary approach. Individual Licensees The IA will conduct CPD compliance audits for each Assessment Period. These will take place after the reporting deadline of 30 September for the Assessment Period in question. Upon request...

...: Bloomberg; CEIC Market Dynamics : Local 4 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 0 10,000 20,000 30,000 40,000 50,000 60,000 New Business Derived from Mainland China Visitors MCV new business premium, HKD million Total New business premium, HKD million % Source: Insurance Authority 5 Thematic Sitelet...

..., overall NCIR decreased from 59.3% to 57.3% in 2013. The star performer was Pecuniary Loss business which recorded the lowest NCIR, i.e. below 20%. Figure 2.5 Net Claims Incurred Ratio Direct & Reinsurance Inward Business 70 60 50 40 30 2009 2010 2011 2012 2013 Direct Business Reinsurance Inward Business...

..., overall NCIR decreased from 59.3% to 57.3% in 2013. The star performer was Pecuniary Loss business which recorded the lowest NCIR, i.e. below 20%. Figure 2.5 Net Claims Incurred Ratio Direct & Reinsurance Inward Business 70 60 50 40 30 2009 2010 2011 2012 2013 Direct Business Reinsurance Inward Business...

..., overall NCIR decreased from 59.3% to 57.3% in 2013. The star performer was Pecuniary Loss business which recorded the lowest NCIR, i.e. below 20%. Figure 2.5 Net Claims Incurred Ratio Direct & Reinsurance Inward Business 70 60 50 40 30 2009 2010 2011 2012 2013 Direct Business Reinsurance Inward Business...