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⏭... Capital (“RBC”) Regime which is targeted to be implemented in 2024. We received a total of 120 Own Risk and Solvency Assessment (“ORSA”) Reports prepared for the first time under the GL21. We consider that insurers generally made a good advancement in implementing their risk management governance and ORSA...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.3.2022_Annex.pdf -
Date: 2022-05-31
... items in BLOCK LETTERS. All amendments must be signed by the relevant party and original signed copy should be submitted. I. Particulars of Licensed Insurance Intermediary Insurance Intermediary Licence No. Name in English † Type of licence ☐ Insurance Agency ☐ Technical Representative (Agent...
https://www.ia.org.hk/english/infocenter/forms/files/Form_N2_Eng_22Dec2020.pdf -
Date: 2022-01-06
... items in BLOCK LETTERS. All amendments must be signed by the relevant party and original signed copy should be submitted. I. Particulars of Licensed Insurance Intermediary Insurance Intermediary Licence No. Name in English † Type of licence ☐ Insurance Agency ☐ Technical Representative (Agent...
https://www.ia.org.hk/english/infocenter/forms/files/Form_N2_Eng_22Dec2020.pdf -
Date: 2022-05-31
... Consultation Conclusions on the Draft Guideline on Exercising Power to Impose Pecuniary Penalty in Respect of Regulated Persons Under the Insurance Ordinance (Cap. 41) June 2019 Contents Page Introduction 1 Feedback Received and IA’s Responses 3 Feedback Outside of Scope of Consultation Exercise 9...
https://www.ia.org.hk/english/infocenter/files/Consultation_Conclusions_on_Pecuniary_Penalty_GL_Eng.pdf -
Date: 2019-09-03
... Consultation Conclusions on the Draft Guideline on Exercising Power to Impose Pecuniary Penalty in Respect of Regulated Persons Under the Insurance Ordinance (Cap. 41) June 2019 Contents Page Introduction 1 Feedback Received and IA’s Responses 3 Feedback Outside of Scope of Consultation Exercise 9...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Consultation_Conclusions_on_Pecuniary_Penalty_GL_Eng.pdf -
Date: 2019-09-10
[PDF]
Circular_09042020.pdf
... Insurance Ordinance (Cap. 41) ("the Ordinance") Submission of statutory, actuarial and financial returns 9 April 2020 By Email only To: Chief Executives of authorized insurers carrying on long term insurance business Dear Sirs, Insurance Ordinance (Cap. 41) (“the Ordinance”) Submission of...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_09042020.pdf -
Date: 2020-06-15
[PDF]
Circular_09042020.pdf
... Insurance Ordinance (Cap. 41) ("the Ordinance") Submission of statutory, actuarial and financial returns 9 April 2020 By Email only To: Chief Executives of authorized insurers carrying on long term insurance business Dear Sirs, Insurance Ordinance (Cap. 41) (“the Ordinance”) Submission of...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_09042020.pdf -
Date: 2020-12-21
[HTML]
Supervisory Approach
... Supervisory ApproachFinancial Examination The Insurance Authority(“IA”) is responsible for monitoring and scrutinising the financial position of...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/supervisory_approach.html -
Date: 2020-12-22
[HTML]
Consultation conclusions on the guideline on pecuniary penalty for licensed insurance intermediaries
... Pecuniary Penalty in Respect of Regulated Persons under the Insurance Ordinance (Cap. 41) (the “Guideline”). The Guideline suggests that a pecuniary penalty should be effective, proportionate and fair, and that the IA will consider all circumstances of the case and take into account...
https://www.ia.org.hk/english/infocenter/press_releases/20190628.html -
Date: 2019-06-28