... arrangements or holding structures that may require adjustments to be made to eliminate double-counting? Rule 8 – Tiering approach for regulated and non-regulated entities 36 For the purposes of assessing the amount of eligible group capital of an insurance group against its GMCR and GPCR, a designated...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_the_Draft_Insurance_Group_Capital_Rules_ENG.pdf -
Date: 2020-08-19
... - Liquidity Other risk management policies - Actuarial - Conduct - Cyber - Claims Management - Internal Controls - Data Quality 22 8. ERM Framework Review 34 9. Own Risk and Solvency Assessment (ORSA) • Minimum requirements of ORSA Report 36 10. Reporting to the Insurance Authority and Supervisory Review 40...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/GL21.pdf -
Date: 2019-11-29
... - Reinsurance and Risk Transfer - Liquidity Other risk management policies - Actuarial - Conduct - Cyber - Claims Management - Internal Controls - Data Quality 22 8. ERM Framework Review 34 9. Own Risk and Solvency Assessment (ORSA) • Minimum requirements of ORSA Report 36 10. Reporting to the Insurance...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Revised_Draft_Guideline_on_Enterprise_Risk_Management.pdf -
Date: 2019-11-29
... director. In considering whether or not a director is involved in the management or control of the regulated activities of an agency or a broker company, the IA will take a “substance over form” approach to seek to understand the actual role played by the director in the agency or broker company. The type...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_Brokers_dd_18122020.pdf -
Date: 2020-12-21
... differentiation, a specific set of Important Facts Statement must be prepared for this purpose and must be used for business introduced from this type of intermediary. For the avoidance of doubt, however, Member Companies must still follow the requirement under 7.8 of the GN15 during the underwriting process for...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_HKFI_ILAS_Requirements_v5_14_7_2015_20190823.pdf -
Date: 2019-12-20
..., Undersecretariat of Treasury of Turkey (20 March 2013) 36. Nebraska Department of Insurance, USA (12 April 2013) 37. Insurance Regulatory and Development Authority, India(1 May 2013) 38. Capital Markets, Insurance and Savings Division, Israel (29 November 2013) 39. Financial Services Commission, Mauritius (20...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2020-09-28
..., Undersecretariat of Treasury of Turkey (20 March 2013) 36. Nebraska Department of Insurance, USA (12 April 2013) 37. Insurance Regulatory and Development Authority, India(1 May 2013) 38. Capital Markets, Insurance and Savings Division, Israel (29 November 2013) 39. Financial Services Commission, Mauritius (20...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2021-11-01
..., Undersecretariat of Treasury of Turkey (20 March 2013) 36. Nebraska Department of Insurance, USA (12 April 2013) 37. Insurance Regulatory and Development Authority, India(1 May 2013) 38. Capital Markets, Insurance and Savings Division, Israel (29 November 2013) 39. Financial Services Commission, Mauritius (20...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2021-09-01
..., Undersecretariat of Treasury of Turkey (20 March 2013) 36. Nebraska Department of Insurance, USA (12 April 2013) 37. Insurance Regulatory and Development Authority, India(1 May 2013) 38. Capital Markets, Insurance and Savings Division, Israel (29 November 2013) 39. Financial Services Commission, Mauritius (20...
https://www.ia.org.hk/english/supervision/int_dom_cooperation/files/iaismmou.pdf -
Date: 2020-06-19
... Insurance Agents by Responsible Officers and Technical Representatives 36. A person shall not act as a Responsible Officer or Technical Representative for more than one insurance agent. Obligations of Insurance Agents in respect of their Responsible Officers and Technical Representatives 37. An insurance...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/8a_HKFI_CoP_for_Admin_of_Agents_v7b_24_5_2018_20190823.pdf -
Date: 2019-12-20