... on Financial Needs Analysis (GL30) issued by the IA; (f) Guideline on Cooling-off Period (GL29) issued by the IA; (g) Code of Conduct for Licensed Insurance Agents issued by the IA; (h) Code of Conduct for Licensed Insurance Brokers issued by the IA; and (i) All relevant rules, codes, circulars and...
https://www.ia.org.hk/english/legislative_framework/files/GL27_English.pdf -
Date: 2020-09-24
... its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a company incorporated in Hong Kong, provide two sets of...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.docx -
Date: 2022-05-31
... on Financial Needs Analysis (GL30) issued by the IA; (f) Guideline on Cooling-off Period (GL29) issued by the IA; (g) Code of Conduct for Licensed Insurance Agents issued by the IA; (h) Code of Conduct for Licensed Insurance Brokers issued by the IA; and (i) All relevant rules, codes, circulars and...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf -
Date: 2020-06-24
... severity description, some of them would refer to historical experience or the regulatory capital requirements (e.g. a 1-in-30 market shock calibrated based on historical data). 6.11 Insurers could provide more clarity by describing the level of severity of their own scenarios and methodology for setting...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.3.2022_Annex.pdf -
Date: 2022-05-31
... its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a company incorporated in Hong Kong, provide two sets of...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.docx -
Date: 2020-06-24
... should be increased so that policyholders and potential policyholders could be offered a wider range of products. 30. Having carefully considered the industry’s valuable feedback and the practical realities, the IA proposes (as set out in draft Rule 4) that the overall cap should be increased modestly...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_Draft_Rules_on_Max_Number_of_Insurers_ENG.pdf -
Date: 2018-10-31
... Complaints Panel's attention was drawn to the medical reports of two different hospitals indicating that the deceased had a habit of taking several cans of beer daily for 30 years and was convinced that the deceased was a chronic drinker. Since this piece of non-disclosed information would be material enough...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/P3_SN_eng_2016.docx -
Date: 2019-12-02
... Consultation Paper on a Risk-based Capital Framework for the Insurance Industry of Hong Kong Consultation Paper on a Risk-based Capital Framework for the Insurance Industry of Hong Kong 2 FOREWORD 1 This paper is published by the Insurance Authority (IA) to consult interested parties on the pro...
https://www.ia.org.hk/english/infocenter/files/rbc_consultation_paper.pdf -
Date: 2019-09-03
... claims reserving policy to be stated is in respect of its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.pdf -
Date: 2022-01-06
... claims reserving policy to be stated is in respect of its Hong Kong business. 29. A description of the arrangements made by the company for setting premium rates in respect of each class of business it proposes to carry on in Hong Kong, including the bases and methodologies used. 30. In the case of a...
https://www.ia.org.hk/english/infocenter/forms/files/IA-6G.pdf -
Date: 2022-05-31