... appetite IRA (Cont’d) – How to conduct? (Cont’d)  Factors to consider: 6 IRA (Cont’d) – How to make use of IRA outcome? 7 International Development – Proliferation Financing (“PF”)  Refer to IA’s circular on 12 March 2018 regarding the PF guidance paper issued by the FATF  Relevant parts of the PF...

... supervisory work including on-site inspections  Insurance Statistics (quarterly and annual business returns)  Survey results from active long term insurers 6  Insurance sector accounted for around 4% of GDP  Life insurance business and general insurance business accounted for 90% and 10% of the HK...

... United Nations (Anti-Terrorism Measures) Ordinance 19 July 2017 Direct line: 2153 2181 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers Dear Sirs, United Nations (Anti-Terrorism Measures) Ordinance We are writing to inform you that an updated list of terrorists and terrorist...

... (general cargo) 2.9 Marine 0.5 Liability/PA 0.4 Subtotal 14.0 Commercial insurance lines Total Overseas (USD billion) Operational phase Property 13.5 -Transportation 0.9 -Energy 7.5 -Others 5.1 Total 13.5 Source: Swiss Re Economic Research & Consulting estimates Risk Exposure 6 Transportation projects...

... (general cargo) 2.9 Marine 0.5 Liability/PA 0.4 Subtotal 14.0 Commercial insurance lines Total Overseas (USD billion) Operational phase Property 13.5 -Transportation 0.9 -Energy 7.5 -Others 5.1 Total 13.5 Source: Swiss Re Economic Research & Consulting estimates Risk Exposure 6 Transportation projects...

... (general cargo) 2.9 Marine 0.5 Liability/PA 0.4 Subtotal 14.0 Commercial insurance lines Total Overseas (USD billion) Operational phase Property 13.5 -Transportation 0.9 -Energy 7.5 -Others 5.1 Total 13.5 Source: Swiss Re Economic Research & Consulting estimates Risk Exposure 6 Transportation projects...

... 31 December 2019 that brought in total premiums of $6.9 billion. General business In 2019, total gross and net premiums of general business were $55.4 billion (increased by 4.4%) and $37.7 billion (increased by 8.6%) respectively, while underwriting profit rose from HK$583...

... classes 6 (ships) and 12 (liability for ships) of insurance business as specified in the Insurance Ordinance) insurance contracts. In light of the uniqueness of business operations of eligible marine insurers, the IA has exempted them from the following guidelines: GL20: Guideline on...

... Participation in the Third Quantitative Impact Study (QIS 3) for the Development of the Risk-based Capital (RBC) Regime – Matching Adjustment (MA) for Long Term Business 16 August 2019 Our Ref: INS/TEC/6/20/6 By email only To: Chief Executives of authorized insurers carrying on long term business...

... Anti-Money Laundering and Counter-Terrorist Financing Seminars 2019 13 September 2019 Our Ref: INS/TEC/6/45/3 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Anti-Money Laundering and Counter-Terrorist Financing Seminars 2019 To further enhance the...