... Consultation Paper on Draft Insurance (Special Purpose Business) Rules 2 FOREWORD 1. This paper is published by the Insurance Authority (“IA”) to consult the public on the draft rules to be made under section 129A of the Insurance Ordinance (Cap. 41) (which will be added upon commencement of...

... Authority Contents Page 1. Introduction ……………………………………………… 1 2. Considerations in Exercising the Insurance Authority’s Power to Impose Pecuniary Penalty……………………… 1 3. Commencement…………………………………………... 4 1 1. Introduction 1.1. This Guideline is issued by the Insurance Authority (“IA”) pursuant to section 23(1...

... in participating in QIS 2 and submitting data as set out in the enclosed templates. Based on the data collected from the First Quantitative Impact Study (QIS 1), we conducted calibration for various risk charges and set out methodologies in certain technical aspects. In the past six months, we...

... Microsoft Word - ILAS_ BI_GN 1 (Effective no later than 1st January 2015) HKFI GUIDANCE NOTE ON ILAS ILLUSTRATION DOCUMENT (I) Objective The objective of this Guidance Note is to ensure that there is more consistency of approach in the illustration documents for ILAS policies, to ensure that...

... CPD Circular_25032022_Chi 檔號：MC/CPD/CIR 僅經電郵發送 致：所有獲授權保險人的行政總裁、持牌保險代理機構及持牌保險經紀公司的負責人 敬啟者： 保險中介人的持續專業培訓規定 --- 2021/2022 評核期 本年度的持續專業培訓評核期由 2021 年 8 月 1 日開始至 2022 年 7 月 31 日結束 （“2021/2022 評核期”），是首個將持續專業培訓規定由 10 個時數增加至 15 個時數（當 中 3 個時數必須與「道德或規例」範疇有關）的評核期。然而，受到 2019 冠狀病毒病 第五波疫情的影響，今年第一季的持續專業培訓課程實際上...

... PowerPoint Presentation v Simon Lam Executive Director, General Business 26th November 2020 Sustainable Growth in General Insurance with Actuary Agenda Agenda Regulatory Updates What’s Next? 4 Roles of Non-Life Actuaries 3 2 Polling Questions 1 3 Polling Questions Do you think actuary has a key...

... PowerPoint Presentation v Simon Lam Executive Director, General Business 26th November 2020 Sustainable Growth in General Insurance with Actuary Agenda Agenda Regulatory Updates What’s Next? 4 Roles of Non-Life Actuaries 3 2 Polling Questions 1 3 Polling Questions Do you think actuary has a key...

... insurance intermediaries from the Self-Regulatory Organizations (“SROs”), onwards all complaint and non-compliance cases unresolved by the SROs will be handled by the IA by reference to the applicable rule [1] (such as the codes, guidance notes and guidelines issued by the SROs) that...

... are: 1 Apr to 31 May (for Relevant Period 1 Oct to 31 Mar); and 1 Oct to 30 Nov (for Relevant Period 1 Apr to 30 Sep) For insurers of Composite Business, it is recommended to file General Business and Long Term Business separately into...

... Brokerslink_Conference Belt and Road Initiative (BRI) Clement Cheung Chief Executive Officer Insurance Authority 12 October 2018 1 What is BRI 2 Source: Swiss Re Economic Research & Consulting. What is BRI Five Areas of Connectivity • Policy coordination • Facilities connectivity • Unimpeded trade...