... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...

... Israeli model for capital requirements does not include any requirements for risks other than insurance risks2, and because a comparison to advanced models indicates significant level of divergence between the capital required in Israel and that required in developed countries, it is proposed that action...

... appointment as a new Non-Executive Director (NED) of the IA and the seven incumbent NEDs on their reappointments: Mr Samuel Chan Ka-yan, Professor Chan Wai-sum, Ms Chitty Cheung Fung-ting, Mr Kenneth Kwok Tsun-wa, Mr Ma Ho-fai, Mr James Wong Chien-kuo and Mr Stephen Yiu Kin-wah. Established in...

... model an effective response to an evolving risk (through some actions) if it can be demonstrated that: 3 (i) appropriate decision making authority resides within the insurer; (ii) relevant controls and monitoring mechanisms are in place that would alert the insurer to an emerging situation in a timely...

... America) (item 27) Jama'at al-Tawhid wa'al-Jihad (JTJ) (item 78) You should review your records carefully to see whether you have had, or currently have, accounts, transactions or dealings with the named individuals or entities. If such review reveals any suspicious accounts...

... convenience,” said Mr Clement Cheung, Chief Executive Officer of the IA. “The current four virtual insurers, each with a unique background and business model, offer the prospect of accelerated Fintech development in Hong Kong, thereby bolstering our competitiveness as an innovation hub.&rdquo...

... technology (IT) infrastructure, determination of the measurement models (such as general model, premium allocation model, or variable fee model), data storage and management, reporting & disclosure requirements, lack of actuarial support, etc. Optional – you may also supplement the proposed solutions...

... "Fast Track" “Fast Track” 1 What “Fast Track” is about? A dedicated queue for new authorization applications Applicants owning and operating solely digital distribution channels 2 Who can apply? Innovative and robust business model using digital distribution Benefits to the consumers in product...

... seeking to operate solely through digital channels. Applicants for Fast Track authorization must possess an innovative and robust business model, while being able to satisfy all prevailing regulatory requirements on solvency, capital and local assets requirements. Ends ...

... Applicants for Fast Track authorization must possess an innovative and robust business model, while satisfying all the prevailing regulatory requirements on solvency, capital and local asset requirements to ensure the interests of policy holders are duly protected. Ends ...