... VTC Insurance Summit Evolving landscape of the Insurance Industry in Hong Kong Mr. Clement Cheung Chief Executive Officer Insurance Authority of Hong Kong 8 October 2018 1) Market Overview Market Overview Long Term Business – In-force Premium * Based on provisional figures -10.0% -5.0% 0.0% 5.0...

... Management (“Guideline”) in May 2018 and received comments from the insurance industry and professional bodies. We have carefully studied all comments received and revised the draft Guideline for further consultation (see Annex). The revised draft Guideline, proposed to be effective on 1 January 2020, has...

... Private and Confidential Wesurance Limited 030519W-IA !1!1 New trend and key challenges in consumer product & Regulatory Compliance !2 Why ? Technologies reach Insurance industry even not fast enough as compare with banking. Open a new personal bank account within 15 minutes on the mobile platform...

... Microsoft Word - 20200925 - Complaint Statistics_v5_Eng (Clean version).docx Summary of Complaints received by the Insurance Authority 1 April 2019 – 31 March 2020 Remarks:  With effect from 23 September 2019, the Insurance Authority took on the direct regulation of all insurance intermediaries...

... International 31-12-19 32,185 487,951 1,368 4,377,294 American Family Life American Family Life 31-12-19 726 482 - 17,279 亞洲保險 Asia Insurance 31-12-19 - - - - 忠意保險 Generali 31-12-19 - - - - 安盛保險（百慕達） AXA China (Bermuda) 31-12-19 3,784 214,767 - 259,845 安盛金融 AXA China (HK) 31-12-19 - - - - AXA Life AXA Life...

... 1,285 533 33,627 759,441 American Family Life American Family Life 31-12-17 - - - - 亞洲保險 Asia Insurance 31-12-17 - - - - 忠意保險 Generali 31-12-17 - - - - 英傑華 Aviva 31-12-17 - - - - 安盛保險（百慕達） AXA China (Bermuda) 31-12-17 1,778 317 110,525 979,978 安盛金融 AXA China (HK) 31-12-17 - - - - AXA Life AXA Life...

... Chief Executives of authorized insurers carrying on general insurance business 30 September 2021 /… - 2 - That is, on average, the industry for the top 25 direct motor vehicle insurers records an underwriting margin of -8.1%. The best performer has an underwriting margin of 44.8% while the bottom...

... taken effect from 1 June 2020, the Mainland Government has committed: "On the basis of regulatory equivalence, to apply more relaxed requirements of credit risk for Mainland insurance companies ceding reinsurance businesses to qualified Hong Kong insurers and continue to consider taking...