... Draft Guideline on Enterprise Risk Management GUIDELINE ON ENTERPRISE RISK MANAGEMENT Insurance Authority Table of Contents Page 1. Introduction 1 2. Application 2 3. Overview of Enterprise Risk Management (ERM) Framework and General Requirements 4 4. Governance 7 5. Risk Appetite Statement 10 6....

... MCR and PCR are both equal to zero (Rule 4(2)(b) and Rule 5(2)(b) of the Group Capital Rules). (2) The MCR, PCR and eligible capital resources of Intermediate Holding Entity B, Subsidiary C and Affiliate D (being regulated entities) are determined in accordance with the laws relating to regulatory...

... Statements for a company incorporated in Hong Kong PROFORMA REVENUE ACCOUNT FOR THE YEAR ENDING ON _____________________ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct underwriting A2) Reinsurance accepted A3) Total (A1+A2) Reinsurance premiums payable A4...

... Statements for a company incorporated in Hong Kong PROFORMA REVENUE ACCOUNT FOR THE YEAR ENDING ON _____________________ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct underwriting A2) Reinsurance accepted A3) Total (A1+A2) Reinsurance premiums payable A4...

... Statements for a company incorporated in Hong Kong PROFORMA REVENUE ACCOUNT FOR THE YEAR ENDING ON _____________________ Classes of General Business TOTAL Notes: A) PREMIUMS WRITTEN Gross premiums receivable A1) Direct underwriting A2) Reinsurance accepted A3) Total (A1+A2) Reinsurance premiums payable A4...

... June, 4 September, 2 December 2020, 24 February and 27 May 2021 regarding Phase 2 of the temporary facilitative measures ("TFM") to obviate the need to conduct face-to-face ("F2F") meetings in order to minimize the risk of infection during the sale process of insurance policies, the Insurance Authority...

... business were $121.1 billion (increased by 3.8%), including $107.4 billion from Individual Life and Annuity (Non-Linked) business (increased by 0.5%) and $13.2 billion from Linked business (increased by 44.2%). New office premiums in respect of policies issued to Mainland visitors totalled $34.1...

...; Understanding an ILAS (Cantonese only) Episode 1: What is an Investment-Linked Assurance Scheme (ILAS) Episode 2: Assess your protection needs Episode 3: Common fallacies about fees an charges Episode 4: How to evaluate the returns of an...