... an amount of HK$10 billion in aggregate to cover claims arising out of terrorism under their direct EC insurance policies. Following the approval of the Finance Committee of the Legislative Council on 11 January 2002, the Government (Commissioner of Insurance) separately entered into agreement with...

... prescribe in Rule 3(1)(c) of the draft Rules a minimum investment size of US $1 million or equivalent. 2 According to the Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory, in 2019, there were 65 ILS issuances globally with a total value of about US $11 billion (about HK $86 billion...

... A and B, as appropriate, as prescribed in Schedule 2 to the Insurance Ordinance (“the Ordinance”), of the directors and controllers (within the meaning of section 9 of the Ordinance). 10. Audited financial statements of the corporate controllers for the latest three financial years. 11. Policies...

... A and B, as appropriate, as prescribed in Schedule 2 to the Insurance Ordinance (“the Ordinance”), of the directors and controllers (within the meaning of section 9 of the Ordinance). 10. Audited financial statements of the corporate controllers for the latest three financial years. 11. Policies...

... A and B, as appropriate, as prescribed in Schedule 2 to the Insurance Ordinance (“the Ordinance”), of the directors and controllers (within the meaning of section 9 of the Ordinance). 10. Audited financial statements of the corporate controllers for the latest three financial years. 11. Policies...

... A and B, as appropriate, as prescribed in Schedule 2 to the Insurance Ordinance (“the Ordinance”), of the directors and controllers (within the meaning of section 9 of the Ordinance). 10. Audited financial statements of the corporate controllers for the latest three financial years. 11. Policies...

... A and B, as appropriate, as prescribed in Schedule 2 to the Insurance Ordinance (“the Ordinance”), of the directors and controllers (within the meaning of section 9 of the Ordinance). 10. Audited financial statements of the corporate controllers for the latest three financial years. 11. Policies...

... A and B, as appropriate, as prescribed in Schedule 2 to the Insurance Ordinance (“the Ordinance”), of the directors and controllers (within the meaning of section 9 of the Ordinance). 10. Audited financial statements of the corporate controllers for the latest three financial years. 11. Policies...

... model risks, all models used as part of an authorized insurer’s risk and capital management processes should be subject to regular review and ongoing validation such as back-testing. Independent review and validation is encouraged to ensure objectivity.10 Stress and Scenario Testing 6.2.11 An authorized...

... model risks, all models used as part of an authorized insurer’s risk and capital management processes should be subject to regular review and ongoing validation such as back-testing. Independent review and validation is encouraged to ensure objectivity.10 Stress and Scenario Testing 6.2.11 An authorized...