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... incurred and early repayment penalty imposed (if applicable) under the loan contract, and you may suffer a significant financial loss. 10. Exposure to interest rate fluctuation: The interest payment of the loan facility for premium financing will affect the net rate of return (i.e. net of interest payment...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Annex_01042022.pdf - Date: 2022-05-31
... Insurance Broker Companies and Licensed Insurance Agencies………………………………...…………….. 9 10. Record Keeping……………………………...…………………... 10 11. Commencement……………………………...…………………... 10 12. Transitional Provision…………………..………………………... 10 Question Template - Policy Replacement Appendix A Important Facts Statement - Policy...
https://www.ia.org.hk/english/legislative_framework/files/GL27_English.pdf - Date: 2020-09-24
... Insurance Broker Companies and Licensed Insurance Agencies………………………………...…………….. 9 10. Record Keeping……………………………...…………………... 10 11. Commencement……………………………...…………………... 10 12. Transitional Provision…………………..………………………... 10 Question Template - Policy Replacement Appendix A Important Facts Statement - Policy...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf - Date: 2020-06-24
... guaranteed figure) is permitted. A9 The spirit of paragraph 7.4 is to deter insurers from exaggerating the non-guaranteed benefits. For the avoidance of doubt, insurers can highlight information that concerns the customers’ risk exposure. Documentation Q10 Please clarify if only the Standard Illustration...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL28.pdf - Date: 2020-09-24
... guaranteed figure) is permitted. A9 The spirit of paragraph 7.4 is to deter insurers from exaggerating the non-guaranteed benefits. For the avoidance of doubt, insurers can highlight information that concerns the customers’ risk exposure. Documentation Q10 Please clarify if only the Standard Illustration...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL28.pdf - Date: 2020-12-21
... agree with the proposed tiering approach for non-regulated entities? Question 5 Do you agree with the criteria for defining a “material supervised group member” in Rule 10(6) of the Group Capital Rules? 2 ...
https://www.ia.org.hk/english/infocenter/files/Feedback_Template_on_the_Draft_Insurance_Group_Capital_Rules_ENG.docx - Date: 2020-08-19
... Insurance professionals discuss ways to tackle climate change through risk underwriting and impact investment 10 January 2022 Climate change has become an imminent threat facing humanity. While governments worldwide have worked out action plans to combat...
https://www.ia.org.hk/english/infocenter/press_releases/20220110.html - Date: 2022-01-10
... Chief Executive Officer of the Insurance Authority re-elected as Chairman of the Asian Forum of Insurance Regulators 31 July 2020 The 15th Annual Meeting of the Asian Forum of Insurance Regulators (AFIR) took place via videoconference on 14 July...
https://www.ia.org.hk/english/infocenter/press_releases/20200731.html - Date: 2020-07-31
...’s response to such feedback and the conclusions drawn. 9. The final form of the Rules is set out in Annex A. Changes from the draft Rules included in the consultation paper are shown in the marked up version in Annex B for reference. 10. Following the issuance of this paper, the IA will submit the...
https://www.ia.org.hk/english/infocenter/files/Broker_Rules_Conclusions_Eng.pdf - Date: 2019-09-03
...’s response to such feedback and the conclusions drawn. 9. The final form of the Rules is set out in Annex A. Changes from the draft Rules included in the consultation paper are shown in the marked up version in Annex B for reference. 10. Following the issuance of this paper, the IA will submit the...
https://www.ia.org.hk/english/infocenter/files/final_Broker_Rules_Conclusions_Eng.pdf - Date: 2019-09-03