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The syllabus covers regulator and industry body responsibilities, risk management duties of actuaries, and recent industry developments, with electives in life insurance, pension, and general insurance. The document also describes the grandfathering scheme, a multi-year roadmap and exam logistics, and the examination structure including prerequisites, duration, format, question count, frequency, study aids access, and applicable policies.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/hong-kong-local-actuarial-examination-examination-objectives-scope-syllabus/398976/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/hong-kong-local-actuarial-examination-examination-objectives-scope-syllabus/398976.png","ImageObject",300,407,{"name":92,"@type":93},"McQueen","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-29","2026-09-27",true,{"@type":102,"interactionType":103,"userInteractionCount":52},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What are the examination requirements to become an ASHK fellow after 1 January 2019?","Question",{"text":112,"@type":113},"Candidates must meet current eligibility and pass a Core paper plus one elective paper to qualify.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"Which main practice areas are included for the core and elective examinations?",{"text":117,"@type":113},"Main practice areas include life insurance, pension, and general insurance, with electives covering Life, Pension, and General Insurance respectively.",{"name":119,"@type":110,"acceptedAnswer":120},"How does the grandfathering scheme affect existing ASHK fellow members?",{"text":121,"@type":113},"Existing fellow members with valid status on 1 January 2019 are grandfathered and granted exemptions. If a grandfathered member later lapses membership, they must retake the examinations to requalify.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},398976,1790532465,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":52,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":29,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144,"preview_page_count":4},5909890329169,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","Hong Kong Local Actuarial Examination  \nThe Actuarial Society of Hong Kong  \nExamination Objectives & Scope  \nTo become a fellow of the ASHK after 1 January 2019, candidates will need to meet the current eligibility in addition to passing a Core and an elective paper to qualify.  \n• Passing of the examinations serve to demonstrate the candidate’s knowledge in Hong Kong’s actuarial regulatory environment, business practice, professional conduct code and actuarial guidance notes relevant in main actuarial practice areas  \n• Main practice areas includes life insurance, pension and general insurance  \nSyllabus  \n\n| Papers | Syllabus |  |\n| --- | --- | --- |\n| Core | 1.1\u003Cbr>1.2\u003Cbr>1.3\u003Cbr>1.4\u003Cbr>1.5 | Roles and responsibilities of main regulators supervising the financial services industry\u003Cbr>Roles and responsibilities of main industry bodies in the financial services industry Regulations, professional standards, guidelines and industry standard practice Risk management responsibilities for actuaries\u003Cbr>Recent industry developments |\n| Elective – Life Insurance | 2.1\u003Cbr>2.2\u003Cbr>2.3\u003Cbr>2.4\u003Cbr>2.5\u003Cbr>2.6 | Role of life insurance actuaries in Hong Kong\u003Cbr>Overview of the market landscape in Hong Kong\u003Cbr>Regulations, professional standards, guidelines and industry standard practice Valuation of assets and liabilities\u003Cbr>Reinsurance and captives\u003Cbr>Recent industry developments |\n| Elective – Pension | 3.1\u003Cbr>3.2\u003Cbr>3.3\u003Cbr>3.4\u003Cbr>3.5 | Role of pension actuaries in Hong Kong\u003Cbr>Main types of retirement schemes available in Hong Kong\u003Cbr>Overview of the retirement market landscape in Hong Kong\u003Cbr>Regulations, professional standards, guidelines and industry standard practice Recent industry developments |\n| Elective – General Insurance | 4.1\u003Cbr>4.2\u003Cbr>4.3\u003Cbr>4.4\u003Cbr>4.5\u003Cbr>4.6\u003Cbr>4.7 | Introduction\u003Cbr>Role of general insurance actuaries in Hong Kong Main types of products available in Hong Kong Overview of market landscape in Hong Kong Regulations and guidelines\u003Cbr>Reinsurance and captives\u003Cbr>Recent industry developments |\n\nGrandfathering Scheme  \n• All existing ASHK fellow members who hold valid membership status on 1 January 2019 will be grandfathered and granted exemptions to the examinations  \n• Any ASHK fellow member who was grandfathered but has subsequently lapsed their membership, regardless of any reasons, is required to take the examinations to requalify as an ASHK fellow thereafter  \nRoadmap  \n2019 Nov– Second Exam  \n•For Core + Life/Pension Registration, exam logistics follows the first Exam  \n2019 Dec – First Exam questions  \n•For GI Exam  \n•Ready for Council review  \n2017  \n2018 Jun– Formal Announcement  \n•Together with syllabus  \n•Dates for first exam (May 2019, Nov 2019)  \n•Grandfather ends (2018 Dec)  \n2019 May – First Exam  \n•For Core + Life/Pension  \n2020 Jan – Registration Opens  \n•For all Exams  \n•Opens from Jan to Apr  \n•Sample questions (online)  \n2016  \n2018 Mar – Strategy Day  \n•Confirm structure, transitions & roadmap  \n2019 Jan – Registration opens  \n•For Core + Life/Pension Exams  \n•Opens from Jan to Apr  \n•Sample questions (online)  \n2019 Jun– First Exam Results  \n•Before Nov Exam registration opens  \nTBC – Designation of ASHK Fellowship (FASHK)  \n2016 Mar – Curriculum Taskforce Formed  \n• Developed the exam’s syllabus & study aids  \n2017 Jun– First edition of Syllabus & Study Aids  \n•Syllabus & study aids available on the ASHK website  \n2018 Dec – First Exam Questions  \n•For Core + Life/Pension Exams  \n•Ready for Council review  \n2019 Jun– GI start  \n•Follow Life’s & Pension’s schedule  \n•Formal announcement  \n•Dates for first GI (May, Nov 2020)  \nShading:  \nYellow = Phase I Grey = Phase II Red = All  \nExamination Structure  \n| Examination Structure |  |  |\n| --- | --- | --- |\n| Audience | - | Newly joined Fellows of ASHK |\n| Exemptions | - | None |\n| Prerequisites | - | Is a member of the ASHK |\n| Duration & Format | -\u003Cbr>-\u003Cbr>-\u003Cbr>-\u003Cbr>-\u003Cbr>- | Paper-based with scantrons\u003Cbr>Open book (no phones, i.e. web access)\u003C","cbCaifdciiOuFZHY","https://ap.wps.com/l/cbCaifdciiOuFZHY","pdf",413282,"English","# Examination Objectives & Scope\n# Syllabus\n## Core\n## Elective – Life Insurance\n## Elective – Pension\n## Elective – General Insurance\n# Grandfathering Scheme\n# Roadmap\n# Examination Structure","[{\"question\":\"What are the examination requirements to become an ASHK fellow after 1 January 2019?\",\"answer\":\"Candidates must meet current eligibility and pass a Core paper plus one elective paper to qualify.\"},{\"question\":\"Which main practice areas are included for the core and elective examinations?\",\"answer\":\"Main practice areas include life insurance, pension, and general insurance, with electives covering Life, Pension, and General Insurance respectively.\"},{\"question\":\"How does the grandfathering scheme affect existing ASHK fellow members?\",\"answer\":\"Existing fellow members with valid status on 1 January 2019 are grandfathered and granted exemptions. If a grandfathered member later lapses membership, they must retake the examinations to requalify.\"}]","Hong Kong Local Actuarial Examination - Examination Objectives & Scope - Syllabus | PDF",1790490727,15]