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⏭..., followed by Accident & Health business, which grew by 13.7% and 7.2% respectively. GWP growth in Property Damage business was mainly driven by new business as well as rates hardening after losses from super-typhoons in the previous two years. Ships, Goods in Transit, General Liability and Pecuniary Loss...
https://www.ia.org.hk/english/infocenter/statistics/files/Market_Overview_ENG_2019.pdf -
Date: 2020-09-30
[PDF]
GL1.pdf
... Authorization Guidelines GL1 AUTHORIZATION GUIDELINE Insurance Authority Contents Page 1. Introduction ……………………………………… 1 2. Application for Authorization to Carry on Insurance Business........……………………………………… 1 3. Authorization………………………………………. 2 4. Commencement…………………………………… 6 Section 8(3) of the...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/files/GL1.pdf -
Date: 2020-06-22
... Supervisors (IAIS) • insurance regulators should be financially and operationally independent 2 Purpose to facilitate growth of the insurance industry and protection for policy holders with a modernized regulatory infrastructure 3 Key statutory functions 4 Regulate and supervise insurers and insurance...
https://www.ia.org.hk/english/infocenter/files/NAIC-OECD-OIC_Joint_Roundtable_on_Insurance_and_Retirement_Saving_in-Asia.pdf -
Date: 2021-12-09
... Supervisors (IAIS) • insurance regulators should be financially and operationally independent 2 Purpose to facilitate growth of the insurance industry and protection for policy holders with a modernized regulatory infrastructure 3 Key statutory functions 4 Regulate and supervise insurers and insurance...
https://www.ia.org.hk/english/infocenter/files/NAIC-OECD-OIC_Joint_Roundtable_on_Insurance_and_Retirement_Saving_in-Asia.pdf -
Date: 2021-09-08
... Supervisors (IAIS) • insurance regulators should be financially and operationally independent 2 Purpose to facilitate growth of the insurance industry and protection for policy holders with a modernized regulatory infrastructure 3 Key statutory functions 4 Regulate and supervise insurers and insurance...
https://www.ia.org.hk/english/infocenter/files/NAIC-OECD-OIC_Joint_Roundtable_on_Insurance_and_Retirement_Saving_in-Asia.pdf -
Date: 2020-06-12
... for the first quarter of 2023, showing a decrease of total gross premiums by 7% to $147.2 billion over the corresponding period in 2022. (Percentage figures shown in brackets represent year-on-year changes) Long term business Total revenue premiums of in-force long...
https://www.ia.org.hk/english/infocenter/press_releases/20230531.html -
Date: 2023-05-31
[PDF]
GL12.pdf
... REPORT ON GL12 GUIDELINE ON REINSURANCE WITH RELATED COMPANIES Insurance Authority Contents Page 1. Introduction……………………………………………….. 1 2. Application of this Guideline…….……………………….. 1 3. Interpretation……………………………………………… 2 4. Adequacy of Reinsurance Arrangements………………… 3 5. Commencement...
https://www.ia.org.hk/english/legislative_framework/files/GL12.pdf -
Date: 2020-09-24
... Insurance Authority to provide limited public services starting from 3 February 2 February 2020 In view of the latest development related to the novel coronavirus, the Insurance Authority (IA) today (2 February 2020) announced that its office will...
https://www.ia.org.hk/english/infocenter/press_releases/20200202.html -
Date: 2020-02-02
... their scenario and stress testing (“SST”) and include the results, with details of management actions and their impact and justifications, in their ORSA Reports. I.2. This document sets out the latest updates in respect of the Prescribed Scenarios for the first ORSA Report, which is required for the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf -
Date: 2021-12-10
... their scenario and stress testing (“SST”) and include the results, with details of management actions and their impact and justifications, in their ORSA Reports. I.2. This document sets out the latest updates in respect of the Prescribed Scenarios for the first ORSA Report, which is required for the...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20210111_appendix_1.pdf -
Date: 2021-09-09