... Products” dated September 2020, issued by the HKMA (the “Report”). The MSP was carried out from the second half of 2018 to 2020 by a service provider engaged by the HKMA. With regards to insurance products, the focus of the MSP was on long term business. As regards the sale of insurance products, whilst...

... to unleash synergies to exploit prospects arising from the BRI. The IA is also pursuing a proposal for Hong Kong insurers to set up service centres in the GBA to upgrade the customer experience in the region.  The IA’s other key initiatives of the year included developing a host...

... electronic policy with an electronic signature or send the original policy to the policyholder by post for record purposes. The intermediary will also continue to provide personal after-sales service to the policyholder, including answering any related enquiries, insurance claims, renewals...

... to submit an application through the IA's Insurtech Sandbox and must obtain the approval of the IA before officially launching the service on a pilot basis to protect the interests of policyholders. The relevant application must comply with the following requirements of the IA...

... Supervisors (IAIS), who will kick off the afternoon session with his keynote speech. There will be four panel discussions pulling together international financial regulators, top industry leaders, academic experts and professional service providers to delve into – (1) advantages of Hong Kong as risk...

... tenancy agreement of the Hong Kong Housing Authority or of the Hong Kong Housing Society or which has been duly stamped by the Inland Revenue Department; (17) In-force contract for a service apartment, with contract period of not less than one year; (18) In-force home insurance policy, where the insured...

... sufficient market information about the relevant insurance professionals and the services available. The proposed platform aims at lining up 5 all stakeholders together and forming a cluster of service providers in the value chain whereby insurance brokers, insurance and reinsurance companies, captive...

... of hosting custom-applications on platforms managed by third parties and the use of software and app applications as a service. With cloud solutions, insurers and investment managers alike would respond quickly for downscaling and upscaling usage. 3 Block-chain, the underlying technology of Bitcoin...

... sufficient market information about the relevant insurance professionals and the services available. The proposed platform aims at lining up 5 all stakeholders together and forming a cluster of service providers in the value chain whereby insurance brokers, insurance and reinsurance companies, captive...

... of hosting custom-applications on platforms managed by third parties and the use of software and app applications as a service. With cloud solutions, insurers and investment managers alike would respond quickly for downscaling and upscaling usage. 3 Block-chain, the underlying technology of Bitcoin...