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⏭... Form 1A is provided at Annex A for reference. Long Term the “Amount of Net Liability” as reported in Form HKL2 (Hong Kong Long Term Business Returns). A sample Form HKL2 is provided at Annex B for reference. Part 7 section 39 subsection (1) 6. The value of insurance liabilities refers to the figure(s...
https://www.ia.org.hk/english/aboutus/role/files/Note_on_annual_authorization_fee.pdf -
Date: 2021-09-13
... is provided at Annex B for reference. Part 7 section 39 subsection (1) 6. The value of insurance liabilities refers to the figure(s) that appear(s) in the insurer’s last return required to be furnished3 to the Office of the Commissioner of Insurance or the Authority before the relevant payment due...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/letter_and_note_to_insurers_20170421.pdf -
Date: 2018-01-12
[PDF]
GL17.pdf
... reinsurer by going through the due diligence process as mentioned in paragraph 4.7. 5.10 Where the security is provided by a related reinsurer, the related reinsurer should additionally satisfy the criteria as set out in paragraph 4.1 of the GL12. 6. Alternative Risk Transfer 6.1 Apart from traditional...
https://www.ia.org.hk/english/legislative_framework/files/GL17.pdf -
Date: 2020-09-24
[PDF]
13.sn-TIA-2017_eng.pdf
... Insurance Agent 6.2 Protection of Personal Data 6/2 6.2.1 Features of the Ordinance 6.2.2 Insurance Applications 6.3 Issues Regarding Equal Opportunity 6/10 6.3.1 Legislation Addressing Discrimination 6.3.2 ‘Fair’ Discrimination in Insurance 6.3.3 Unfair Discrimination in Insurance vii 6.4 Prevention of...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/13.sn-TIA-2017_eng.pdf -
Date: 2019-12-02
[PDF]
survey_broker_250418.pdf
... Survey of Insurance Brokers (Template) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Complaint means the expression of dissatisfaction, made verbally or in writing, by a client or a potential client of an insurance broker. Completion Instructions Terms and Definitions Client Account means a current or...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/survey_broker_250418.pdf -
Date: 2018-11-30
[PDF]
GL21_GI_SST_20200113.pdf
... Scenarios 1 and 3 only if the sum of its two largest undiversified market risk charges is greater than 10% of its eligible capital resources. All general business insurers are required to carry out testing using Prescribed Scenario 2. III.3. Composite insurers are not required to carry out Prescribed...
https://www.ia.org.hk/english/legislative_framework/files/GL21_GI_SST_20200113.pdf -
Date: 2020-09-24
... -180,000 -180,000 PCR Solvency Ratio -20% -10% 8% 7% General business insurers are expected to add commentary as outlined in Section V. 4 Valuation date of the ORSA Report. 6 Annex 2 - Examples of risks not included in Pillar 1 The following is a list of examples of the insurance risks that are not...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20200113_appendix_1.pdf -
Date: 2020-06-15