... contemporary international practices. The desired outcome is a set of capital requirements that are responsive to market volatility, sensitive to the risk profile of individual insurers, but yet provide incentives for self-assessment and transparency. Drawing from the experience of other jurisdictions, we are...

... Capital level. Localization of RAS 4.4 Insurers operating in Hong Kong being part of larger multinational groups, whether in the form of local incorporated entities or branches, should implement localized RAS appropriate for the Hong Kong operations. Some insurers adopted the RAS set at group level, which...

... functions or 4 appointed actuary of an authorized insurer, is required to provide his particulars in the relevant prescribed Form(s) to the IA for consideration. The relevant Forms1 for seeking approval or notification of any changes of or in the particulars of such persons are set out in Schedules 2, 4, 5...

... functions or 4 appointed actuary of an authorized insurer, is required to provide his particulars in the relevant prescribed Form(s) to the IA for consideration. The relevant Forms1 for seeking approval or notification of any changes of or in the particulars of such persons are set out in Schedules 2, 4, 5...

... Dedicated Regime for P&I Insurance Exemptions for P&I Insurers To foster the development of Hong Kong as an international maritime center, the Insurance Authority ("IA") has exempted the premium levy for the marine related (i.e....

... to see real-time illustrations right off my IFA’s iPad… No more brochures or random tables!” Tik Lee The Intermediary “The Coherent FORMS solution has cut our application processing time from 45 mins to 45 SECONDS!” HNW HK Broker The Insurer “The Coherent solution set is helping create more...

... the following classes of reinsurance business in or from Hong Kong : (Classes as set out in Parts 2 and 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which...

... :- ................................................................................................................................................................ ................................................................................................................................................................ (Classes as set out in Parts 2 and 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which have been carefully considered and assessed. 3. We undertake to notify the...

... the following classes of reinsurance business in or from Hong Kong : (Classes as set out in Parts 2 and 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which...

... :- ................................................................................................................................................................ ................................................................................................................................................................ (Classes as set out in Parts 2 and 3 of Schedule 1.) 2. We further certify that the information supplied in support of this application is true and correct and that all estimates given are reasonable interpretations of facts which have been carefully considered and assessed. 3. We undertake to notify the...