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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. 

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2022

Your Profession Needs You

The Government intends to implement a Risk-based Capital regime for the insurance industry, which seeks to align Hong Kong’s regime with international standards and strengthen Hong Kong’s function as an international risk management Centre.
 
The legislation for the Risk-based Capital regime is expected to be submitted in the second half of 2022 and implemented in early 2024.  To ensure that the Professional Standards for Appointed Actuaries (PS1) and the Actuarial Guidance Notes (AGN) are in line with the new legislation, ASHK is inviting qualified actuaries to join in this work.  For more details of each task click below or email [email protected]. The submission deadline is 24 June 2022 (Friday). 

2021

ASHK Member Consultation on Proposed Amendments to Existing Articles of Association, Disciplinary Procedures and Professional Conduct Code (PCC)

Please click on the following links for the full text of the revised Articles, Disciplinary Procedures and Professional Conduct Code (existing, marked-up and clean versions):

 

Existing Version

Proposed Amendments

Articles of Association

Click here

Clean: Click here
Tracked: Click here

 

Disciplinary Procedures

 

Click here

 

Clean: Click here
Tracked: Click here

 

Professional Conduct Code

 

Click here

 

Clean: Click here
Tracked: Click here

Explanatory Note for Appointed Actuaries: Chapter 41E Supplemental Information on the Reinvestment Yield for Reserving

ASHK elects New President and Council for the year 2021

2020

Presentation slides of Online Members Consultation on ASHK New Membership Class

ASHK Consultation - ASHK New Nembership Sub-class, Fellow Members with Practicing Certificate (FASHKPC)

ASHK Consultation - Actuarial Guidance Note 10: General Actuarial Practice (“AGN 10”)

ASHK's Study Reveals Significant Improvement in Hong Kong Mortality Experience

Explanatory Note for Appointed Actuaries: Chapter 41E Supplemental Information on the Reinvestment Yield for Reserving

Notice for Appointed Actuaries: Insurance (Determination of Long Term Liabilities) Rules (Chapter 41E), Rule 8(7)(a)

2019

Notification and consultation with ASHK members regarding revised Professional Conduct Code
Notification and consultation with ASHK members regarding revised Professional Conduct Code
Notice for ASHK General Insurance Members: Documentation of GL9 Reports

2018

Asian Actuarial Conference Opens in Hong Kong: City and Industry to Play Major Role in Supporting Belt and Road
Asian Actuarial Conference returns to Hong Kong for the first time in 17 years
ASHK Response to the Law Reform Commission of Hong Kong on Consultation relating to Periodical Payments for Future Pecuniary Loss in Personal Injury Cases

2017

Notice for Appointed Actuaries: Chapter 41E - Reinvestment Yield for Reserving
Revised Professional Conduct Code
Effective June 1, 2017
Request for Comments on "Notice for Appointed Actuaries: Chapter 41E - Reinvestment Yield for Reserving"
Notification and consultation with ASHK members regarding revised Professional Conduct Code

2016

Revised Actuarial Guidance Note 7
Effective December 31, 2016
Notification and consultation with ASHK members regarding revised AGN 4 - Outstanding Claims Liabilities and Premium Liabilities for General Insurance Business
Notification and consultation with ASHK members regarding revised AGN 7 - Dynamic Solvency Testing
ASHK Response to the Labour and Welfare Bureau and Subcommittee on Retirement Protection of Legislative Council on Consultation relating to Public Engagement Exercise on Retirement Protection
ASHK Response to the Labour and Welfare Bureau and Subcommittee on Retirement Protection of Legislative Council on Consultation relating to Public Engagement Exercise on Retirement Protection

2015

Amendment of Professional Standard 2
Effective December 23, 2015
ASHK Response to the Food and Health Bureau of Government of the Hong Kong Special Administrative Region on Voluntary Health Insurance Scheme Consultation

2014

2013

Revised AGN5 Principles of Life Insurance Policy Illustrations

2012

2011

Notification and consultation with ASHK members regarding Review of Professional Standard 2
Notification and consultation with ASHK members regarding Review of Professional Standard 2
ASHK's Comments on ISAP 1 General Actuarial Practice - Exposure Draft
Request for Comments on "Notice for Appointed Actuaries: Chapter 41E - Reinvestment Yield for Reserving"

2010

Notification and consultation with ASHK members regarding revised AGN7 - second exposure draft
ASHK's Comments on IASB Exposure Draft ED/2010/3
Notification and consultation with ASHK members regarding Revised Due Process exposure draft
Notification and consultation with ASHK members regarding CPD Requirements exposure draft

2009

Notification and consultation with ASHK members regarding AGN5 additional guideline - second exposure draft

2008

Notification and consultation with ASHK members regarding AGN5 additional guideline exposure draft
Notification and consultation with ASHK members regarding revised AGN7 exposure draft