People’s Republic of China–Hong Kong Special Administrative Region : Financial Sector Assessment Program-Insurance Core Principles-Detailed Assessment of Observance.

By: Department, International Monetary Fund. Monetary and Capital MarketsMaterial type: TextTextSeries: IMF Staff Country ReportsPublisher: Washington : International Monetary Fund, 2014Copyright date: ©2014Description: 1 online resource (108 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9781498321884Subject(s): Insurance -- China -- Hong Kong -- Evaluation | Insurance -- State supervision -- China -- Hong KongGenre/Form: Electronic books.Additional physical formats: Print version:: People’s Republic of China–Hong Kong Special Administrative Region : Financial Sector Assessment Program-Insurance Core Principles-Detailed Assessment of ObservanceDDC classification: 368.00951212021 LOC classification: HG8709.Z8 -- .I584 2014ebOnline resources: Click to View
Contents:
Cover -- CONTENTS -- GLOSSARY -- EXECUTIVE SUMMARY -- ASSESSMENT OF INSURANCE CORE PRINCIPLES -- A. Introduction and Scope -- B. Information and Methodology Used for Assessment -- C. Overview-Institutional and Macro Prudential Setting -- D. Preconditions for Effective Insurance Supervision -- AUTHORITIES' RESPONSE TO THE ASSESSMENT -- DETAILED ASSESSMENT -- TABLES -- 1. Insurance Penetration and Density as at end-2012 -- 2. Insurance Market Structure -- 3. Ownership Structure as at end-2012 -- 4. Composition of Assets as at end-2012 -- 5. Gross Written Premium by Major Lines of Business--Long-term Business -- 6. New Policies Issued to Mainland Visitors -- 7. Gross Written Premium by Major Lines of Business in 2012--General Business -- 8. Solvency Position of Domestic Insurers -- 9. Summary of Compliance with the Insurance Core Principles -- 10. Summary of Observance Level -- 11. Recommendations to Improve Observance of the Insurance Core Principles -- 12: Detailed Assessment of Observance of the Insurance Core Principles -- APPENDIX -- I. Status of Implementation of 2003 FSAP Recommendations.
Summary: This Selected Issues paper for the People?s Republic of China?Hong Kong Special Administrative Region (SAR) reviews the residential property market and implications of an aging population. The fiscal sector impact of price fluctuations is important in Hong Kong SAR with land sales and stamp duties providing an important source of government revenue.
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Cover -- CONTENTS -- GLOSSARY -- EXECUTIVE SUMMARY -- ASSESSMENT OF INSURANCE CORE PRINCIPLES -- A. Introduction and Scope -- B. Information and Methodology Used for Assessment -- C. Overview-Institutional and Macro Prudential Setting -- D. Preconditions for Effective Insurance Supervision -- AUTHORITIES' RESPONSE TO THE ASSESSMENT -- DETAILED ASSESSMENT -- TABLES -- 1. Insurance Penetration and Density as at end-2012 -- 2. Insurance Market Structure -- 3. Ownership Structure as at end-2012 -- 4. Composition of Assets as at end-2012 -- 5. Gross Written Premium by Major Lines of Business--Long-term Business -- 6. New Policies Issued to Mainland Visitors -- 7. Gross Written Premium by Major Lines of Business in 2012--General Business -- 8. Solvency Position of Domestic Insurers -- 9. Summary of Compliance with the Insurance Core Principles -- 10. Summary of Observance Level -- 11. Recommendations to Improve Observance of the Insurance Core Principles -- 12: Detailed Assessment of Observance of the Insurance Core Principles -- APPENDIX -- I. Status of Implementation of 2003 FSAP Recommendations.

This Selected Issues paper for the People?s Republic of China?Hong Kong Special Administrative Region (SAR) reviews the residential property market and implications of an aging population. The fiscal sector impact of price fluctuations is important in Hong Kong SAR with land sales and stamp duties providing an important source of government revenue.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

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