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⏭... exchange rate risk) should be clearly disclosed to potential policyholders in the Product Brochure (“PB”). Exchange rates should be adopted in a consistent manner, by following the rates published on the website of the Inland Revenue Department (“IRD”). (6) No lapse gain: As far as possible, surrender...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2017ver_2018_19update_file8.pdf -
Date: 2019-12-02
... Technical Representatives shall be “Technical Representative” unless the position of Chief Executive of the Member is vacant. 5.2 When the position of Chief Executive is vacant, the registration capacity of the Alt. CE will automatically be changed to be “Chief Executive” for a period of 6 months. 5.3...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_CIB_GN2_Guidance_Note_on_Registering_Alternate_Chief_Executive_v1_23_4_2007_eg19.pdf -
Date: 2019-12-20
... 21 December 2010 GN6 - Guidance Note on Reserving for Mortgage Guarantee Business Attachment: Revised GN6 8...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2010.html -
Date: 2020-12-22
... in-force long term business were $473.6 billion in 2022 (decreased by 8.9%), continued to be dominated by the Individual Life category which contributed $424.3 billion (decreased by 8.7%) or 89.6% of the total. The number of policies in this category was 14.0 million, carrying net liabilities of $2,249.3...
https://www.ia.org.hk/english/infocenter/statistics/annual_long_term_business_statistics.html -
Date: 2023-09-29
... Microsoft Word - Circular to insurers re FAQ_TEC6.96_20190918 (002).DOCX 20 September 2019 Our Ref: INS/TEC/6/96 By Email only To: Chief Executives of authorized insurers carrying on long term business Dear Sirs, Circular providing Interpretation Notes (“Circular”) relating to the Guideline on...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Circular_providing_Interpretation_Notes_relating_to_the_Guideline_on_Sale_of_Investment_Linked_Assurance_Scheme_Products.pdf -
Date: 2019-11-29
... in-force business was $325.4 billion in the first three quarters of 2017, with a year-on-year increase of 11.6%. Revenue premiums of Individual Life and Annuity (Non-Linked) business increased by 13% to $280 billion, while those of Individual Life and Annuity (Linked) business increased by 12.2% to $23.4...
https://www.ia.org.hk/english/infocenter/press_releases/market_performance_of_Hong_Kong_insurance_industry_for_the_first_three_quarters_of_2017.html -
Date: 2021-09-03
... for the first half of 2020, indicating a growth of total gross premiums by 6% to $313.7 billion over the corresponding period in 2019. (Percentage changes in brackets represent changes over the same period last year) Long term business Total revenue premiums of...
https://www.ia.org.hk/english/infocenter/press_releases/20200831.html -
Date: 2021-09-03
[DOC]
sn-tia-2014.doc
... 3.4.9 The Practical Problems with Indemnity 3.5 Contribution 3/15 3.5.1 Equitable Doctrine of Contribution 3.5.2 How Applicable 3.6 Subrogation 3/16 3.6.1 Definition 3.6.2 How Applicable 4. STRUCTURE OF HONG KONG INSURANCE INDUSTRY 4/1 4.1 Types of Insurance Business 4/1 4.1.1 Statutory Classification...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/sn-tia-2014.doc -
Date: 2019-12-02