... G business and its implication on the retirement planning of the insuring public, the IA considers it appropriate that a set of guidelines on reserve provisions for Class G business should be promulgated for compliance by authorized long term insurers. 1.3. The objective of this Guideline is to...
https://www.ia.org.hk/english/legislative_framework/files/GL7.pdf -
Date: 2020-09-24
... 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...
https://www.ia.org.hk/english/infocenter/files/circulars01.pdf -
Date: 2019-09-03
... 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...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/circulars01.pdf -
Date: 2019-09-10
... 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...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/HKFRS_17_Readiness_Assessment_Survey.pdf -
Date: 2018-11-30
...” – Warren Buffett Leadership must model ethical behavior in their actions. Set expectations for ethics and conduct principles from the outset for employees and agents (in recruitment and onboarding). How to build a strong culture (2) 11 Value complaints as a means of signaling how weak or strong your...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Future_Task_Force_MC_16_Dec_2020.pdf -
Date: 2020-12-21
... 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...
https://www.ia.org.hk/english/infocenter/press_releases/20181221.html -
Date: 2018-12-21
... conferences. Hong Kong’s position as a regional insurance hub is well accepted. Last month, the International Union of Marine Insurance set up a new Asian hub in Hong Kong. It is the first time in the Union’s 142 year history to establish a permanent presence outside of Europe. The Union’s choice of Hong Kong...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161107_InsuranceComAsia2016.pdf -
Date: 2021-12-09
... conferences. Hong Kong’s position as a regional insurance hub is well accepted. Last month, the International Union of Marine Insurance set up a new Asian hub in Hong Kong. It is the first time in the Union’s 142 year history to establish a permanent presence outside of Europe. The Union’s choice of Hong Kong...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161107_InsuranceComAsia2016.pdf -
Date: 2021-09-08
... conferences. Hong Kong’s position as a regional insurance hub is well accepted. Last month, the International Union of Marine Insurance set up a new Asian hub in Hong Kong. It is the first time in the Union’s 142 year history to establish a permanent presence outside of Europe. The Union’s choice of Hong Kong...
https://www.ia.org.hk/english/infocenter/files/Section6.2_161107_InsuranceComAsia2016.pdf -
Date: 2020-06-12
... 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...
https://www.ia.org.hk/english/infocenter/press_releases/20200504.html -
Date: 2020-05-04