...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...

...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...

... Cheung, Senior Director, Cybersecurity, Cryptography and Trusted Technologies, Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI) 10:48 – 11:10 22 mins Practical Use Case Sharing #2 Topic: Sharing of practical use case of Federated Learning in the financial sector....

... of in-force long term business were $146.7 billion in the first quarter of 2020 (increased by 11%), mainly comprising $124.4 billion of Individual Life and Annuity (Non-Linked) business (increased by 7.3%), $6.4 billion of Individual Life and Annuity (Linked) business (decreased by 2.7%), and $13.9...

... developments of the COVID-19 pandemic, the Insurance Authority (“IA”) sees the urgent need to introduce further facilitative measures below to ensure potential policy holders’ needs are met while minimizing the risk of infection during the sale process of long term insurance policies. Extension of Phase 2 of...

... 51.6%). Around 29,000 Qualifying Deferred Annuity Policies were issued, attracting $2 billion in terms of premiums that represent 1.5% of the total for individual businesses. New business premiums derived from Mainland visitors were $2.1 billion (increased by 200.3%), representing 1.5% of the...

... long term business were $258.7 billion in the first half of 2023 (decreased by 2.2%), mainly comprising $227.5 billion from Individual Life and Annuity (Non-Linked) business (increased by 3.1%), $12.7 billion from Individual Life and Annuity (Linked) business (decreased by 15.9%), as well as $14.8...

... premiums of in-force long term business were $374.8 billion in the first three quarters of 2023 (decreased by 1.7%), mainly comprising $329.2 billion from Individual Life and Annuity (Non-Linked) business (increased by 2.8%), $18.2 billion from Individual Life and Annuity (Linked) business (decreased by 17...

... Hong Kong's Regulatory Regime on AML/CFT Hong Kong’s Regulatory Regime on Anti-Money Laundering and Counter Terrorist-Financing Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 2 2 International AML Standards Financial Action Task Force (“FATF...

... Hong Kong's Regulatory Regime on AML/CFT Hong Kong’s Regulatory Regime on Anti-Money Laundering and Counter Terrorist-Financing Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region 2 2 International AML Standards Financial Action Task Force (“FATF...