... Insurance (Amendment) (No. 2) Ordinance 2020 - Ordinance No. 18 of 2020 17 May 2019 L.N.77 of 2019 Notice under section 1(2) of the Insurance Companies (Amendment) Ordinance 2015 (12 of 2015) publishing the Insurance Companies (Amendment...

... Insurance Authority publishes its Annual Report 2018-19 8 January 2020   The Insurance Authority (IA) today (8 January 2020) published its Annual Report 2018-19, which provides an overview of key activities carried out and major efforts...

... 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...

... Governance 7 5. Risk Appetite Statement 12 6. Embedding the ERM Framework - Regular Risk Assessments and Control Process  Risk Identification  Risk Quantification - Relating Risk to Capital - Use of models in ERM - Stress and Scenario Testing - Continuity Analysis - Business Failure Analysis  Risk...

... to calculate the discount rates for each MA portfolio and to collect quantitative data and qualitative information. HKQIS2019_LongTe rm_MA_Template.xls x (2) QIS 3 MA Template (for reference) An unlocked version for reference. It is not for submission purpose. HKQIS2019_LongTe rm_MA_Template (for...

... term business Office premiums of in-force long term business were $511.5 billion in 2019 (increased by 10.8%), continued to be dominated by the Individual Life category which contributed $440.2 billion (increased by 3.3%) or 86.1% of the total. The number of policies in this category was 13.2...

... duties and such duties are clerical or administrative in nature, the employee will likely be exempt from licensing by virtue of section 123(2) of the Ordinance. Section 79 Exemption 3.12. Under section 79 of the Ordinance, a person may apply to the IA for an exemption from any provision under Part X of...

... duties and such duties are clerical or administrative in nature, the employee will likely be exempt from licensing by virtue of section 123(2) of the Ordinance. Section 79 Exemption 3.12. Under section 79 of the Ordinance, a person may apply to the IA for an exemption from any provision under Part X of...

... duties and such duties are clerical or administrative in nature, the employee will likely be exempt from licensing by virtue of section 123(2) of the Ordinance. Section 79 Exemption 3.12. Under section 79 of the Ordinance, a person may apply to the IA for an exemption from any provision under Part X of...

... RELATING TO AIs Licensing 12. Under Part X of the IO, the IA is responsible for granting licences to persons to become licensed insurance intermediaries, renewing such licences and granting - 4 - approvals in relation to regulated activities. These include granting an insurance agency licence or an...