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⏭... PCR should be set at a confidence level calculated using 99.5% value-at-risk (“VaR”) over a one-year period. 3 8. There is general agreement with the total balance sheet approach for the measurement of risks, as well as the establishment of the two explicit solvency control levels. 9. In respect of...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_conclusions.pdf -
Date: 2019-09-03
... Process Review Panel for Insurance Authority The Process Review Panel (“PRP”) is an independent non-statutory body set up by the Government to review and advise on adequacy of internal procedures and operational guidelines formulated by the...
https://www.ia.org.hk/english/aboutus/governance/process_review_panel.html -
Date: 2021-07-16
... July) Consultation on guidelines on Enterprise Risk Management (ERM) and Own Risk Solvency Assessment (ORSA) by end of this year / early next year My model of effective governance 9 Governance Laws (rules and regulations) Enforcement Open & Transparent Check and Balance (Accountability) Fit for purpose...
https://www.ia.org.hk/english/infocenter/files/NAIC-OECD-OIC_Joint_Roundtable_on_Insurance_and_Retirement_Saving_in-Asia.pdf -
Date: 2021-12-09
... July) Consultation on guidelines on Enterprise Risk Management (ERM) and Own Risk Solvency Assessment (ORSA) by end of this year / early next year My model of effective governance 9 Governance Laws (rules and regulations) Enforcement Open & Transparent Check and Balance (Accountability) Fit for purpose...
https://www.ia.org.hk/english/infocenter/files/NAIC-OECD-OIC_Joint_Roundtable_on_Insurance_and_Retirement_Saving_in-Asia.pdf -
Date: 2021-09-08
... July) Consultation on guidelines on Enterprise Risk Management (ERM) and Own Risk Solvency Assessment (ORSA) by end of this year / early next year My model of effective governance 9 Governance Laws (rules and regulations) Enforcement Open & Transparent Check and Balance (Accountability) Fit for purpose...
https://www.ia.org.hk/english/infocenter/files/NAIC-OECD-OIC_Joint_Roundtable_on_Insurance_and_Retirement_Saving_in-Asia.pdf -
Date: 2020-06-12
[PDF]
Eng_GL24_CPD.pdf
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/legislative_framework/files/Eng_GL24_CPD.pdf -
Date: 2020-09-24
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries.pdf -
Date: 2020-06-24
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries_Brokers.pdf -
Date: 2020-06-24
[PDF]
Eng_GL24_CPD.pdf
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Eng_GL24_CPD.pdf -
Date: 2019-09-10
... Proposed New Rules, Codes and Guidelines We are developing a new set of rules, codes and guidelines for the supervision of licensed insurance intermediaries under new regime. When setting the new requirements, references are made to the rules and regulations...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/proposed_new_rules_codes_guidelines.html -
Date: 2019-05-14