WebIntroduced as part of the Hong Kong Insurance Authority’s (“HKIA”) Guideline 21 (“GL21”) on Enterprise Risk Management (“ERM”), the Own Risk and Solvency Assessment (“ORSA”) is an integrated assessment of a firm’s risk management and current, and likely future, solvency position within the context of its business strategy. WebPursuant to the Insurance Ordinance (Cap.41), this register is maintained by the Insurance Authority ("IA") to enable a person to ascertain whether the person is dealing with a …
HK Insurance Authority fines insurers HK$7m for breaking …
Web15 set 2024 · Fitch Ratings-Hong Kong-14 September 2024: The proposed new group-wide supervisory (GWS) framework in Hong Kong will strengthen the ability of the regulator to oversee Hong Kong-based internationally active insurance groups (IAIGs), which will push insurance groups to strengthen the sophistication of their risk management and improve … WebThe Insurance (Amendment) (No. 2) Ordinance 2024 ("Amendment Ordinance") amends the Insurance Ordinance to provide for the regulation and supervision of insurance groups by the Insurance Authority ("IA") through exercising direct regulatory powers over their Hong Kong-incorporated holding companies. The new group-wide supervision framework … interworld metamorphosis download
Vision & Mission - Airport Authority Hong Kong
WebThe Insurance Authority (“IA”) is an insurance regulator independent of the Government and the insurance industry. The principal function of the IA is to regulate and supervise the … Guidelines. Guideline (s) GL1: Authorization Guideline (repealed and … WebProfessional Indemnity insurance can help protect you and your organisation against the financial strain of litigation. It covers your legal liability to compensate third parties for … Web28 feb 2024 · Number of Licensed Insurance Intermediaries by Eligible Line of Business (as of 28 Feb 2024) Individual Licensees. General Business #. 6,352. Long Term Business … new health community center