... insurance business for the purpose of Own Risk Solvency Assessment Report (Effective from January 2020) I. Background I.1. The Guideline on Enterprise Risk Management (“GL21”) was published by the Insurance Authority (“IA”) on 5 July 2019 and takes effect from 1 January 2020. Section 9 of GL21 sets out the...

... Background I.1. The Guideline on Enterprise Risk Management (“GL21”) was published by the Insurance Authority (“IA”) on 5 July 2019 and takes effect from 1 January 2020. Section 9 of GL21 sets out the minimum requirements for the Own Risk and Solvency Assessment (“ORSA”) Report that each authorized insurer...

... Background I.1. The Guideline on Enterprise Risk Management (“GL21”) was published by the Insurance Authority (“IA”) on 5 July 2019 and takes effect from 1 January 2020. Section 9 of GL21 sets out the minimum requirements for the Own Risk and Solvency Assessment (“ORSA”) Report that each authorized insurer...

... Mortality_Gap_Report_Synopsis_eng Mortality Protection Gap Study 2021 Average size of protection gap 5.7 times of annual income * weighted average per economically active adult Average size of protection gap HKD 1.9 million * per economically active adult Size of overall protection gap HKD 6.9...

... Mortality_Gap_Report_Synopsis_eng Mortality Protection Gap Study 2021 Average size of protection gap 5.7 times of annual income * weighted average per economically active adult Average size of protection gap HKD 1.9 million * per economically active adult Size of overall protection gap HKD 6.9...

... Identification 8. Common personal particulars should be recorded, and whenever necessary verified, for identification purpose. They should include but not limited to: full name, date of birth, nationality, identity document type and number, residential address, and contact number(s). 9. When it is a trustee who...

... qualifications of the auditors of the company. 9. Names and addresses of the company's principal bankers. 10. Names, addresses and qualifications of the company's professional advisers (other than auditors) including solicitors, investment consultants and loss adjusters, etc. 11. Names and addresses of the...

... qualifications of the auditors of the company. 9. Names and addresses of the company's principal bankers. 10. Names, addresses and qualifications of the company's professional advisers (other than auditors) including solicitors, investment consultants and loss adjusters, etc. 11. Names and addresses of the...

... qualifications of the auditors of the company. 9. Names and addresses of the company's principal bankers. 10. Names, addresses and qualifications of the company's professional advisers (other than auditors) including solicitors, investment consultants and loss adjusters, etc. 11. Names and addresses of the...

... Insurance Authority to provide limited public services in the week of 10 February 9 February 2020 In view of the latest development related to the novel coronavirus, the Insurance Authority (IA) today (9 February 2020) announced that its office will...