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Announcement: The Actuarial Society of Hong Kong is actively monitoring the COVID-19 Coronavirus situation to ensure the safety of attendees and presenters at all our events. We will continue to monitor the situation with the COVID-19 and keep our members updated of any changes. 

Announcement: Of late, some of the ASHK emails to you might have ended up in your junk box or failed to reach you. Due to cyber security concerns, the ASHK website has undergone a switch of its server IP address, resulting in an authentication reboot of the ASHK email accounts (@actuaries.org.hk). To ensure timely delivery and receipt of communications, we strongly recommend you to request your IT consultant to whitelist the ASHK domain, email and IP addresses so that you do not miss out on our emails and communications. Should you have any questions, please contact our office at 2147 9278.  Thank you for your kind attention!

 

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Professional Standards (PS)


Download Professional Standards (PS)

This standard relates to the statutory duties of an actuary in relation to life insurance companies. In particular it is for:

  • Actuaries appointed pursuant to Section 15 of the Insurance Companies Ordinance of Hong Kong;
  • The actuary as a director or in any other position of authority in relation to an insurance company;
  • The actuary as an external advisor or assessor.

This standard applies to the preparation of actuarial certificates as required under Sections 15(e), 31(2) and 32(2)(b) of the Ordinance, as stipulated in section 2 of the Occupational Retirement Schemes (Preparation of Actuarial Certificates) Rules (Cap. 426 sub leg. H) and in accordance with Section 2 of the Occupational Retirement Scheme (Periodic Certification of Registered Defined Benefit Schemes) Rules (Cap. 426 sub leg. I).

Revised on and effective  23 December 2015