..., regional and global development 2 The Insurance Authority (IA) • Established in December 2015 as PIA • An insurance regulator independent of the Government and the industry • Took over statutory functions from the former Office of the Commissioner of Insurance (OCI) to regulate insurance companies in June...

..., regional and global development 2 The Insurance Authority (IA) • Established in December 2015 as PIA • An insurance regulator independent of the Government and the industry • Took over statutory functions from the former Office of the Commissioner of Insurance (OCI) to regulate insurance companies in June...

... standards of conduct and business practice for authorized insurers underwriting Investment-Linked Assurance Schemes (“ILAS”) business. 1.2 In response to GN 15, this Guidance Note is issued to set out such standards of conduct and business practice in so far as they are applicable to members of PIBA in...

... 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...

... 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...

..., 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...

... 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...

... 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...

... 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...

... 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...