... 保險業監管局 Insurance Authority 2019–20 ANNUAL REPORT Insurance Authority 19/F, 41 Heung Yip Road, Wong Chuk Hang, Hong Kong Tel: (852) 3899 9983 Fax: (852) 3899 9993 Website: www.ia.org.hk Leading Change and Propelling Growth conTenTs 2 Chairman’s message 4 CeO’s message The Year Under review 6 FinanCi...

... formulated by the Board. A n n u a l R e p o r t 2 0 1 8 - 1 9 9 Corporate Governance 2 514 10 8 11 7 6 3 4 13 12 1 9 5 Ms Chitty Cheung Fung-ting Non-Executive Director 6 Mr Kenneth Kwok Tsun-wa Non-Executive Director 7 Mr Ma Ho-fai, GBS, JP Non-Executive Director 8 Mr James Wong Chien-kuo Non-Executive...

... Consultation Conclusions on a Risk-based Capital Framework for the Insurance Industry of Hong Kong 1 Consultation on a Risk-based Capital Framework for the Insurance Industry of Hong Kong Consultation Conclusions Background 1. The Insurance Authority (“IA”) conducted a three-month consultation exer...

... referenced, they should be named or the reference should be removed, so as not to expose licensed insurance agents to double jeopardy. That said, certain respondents requested that the draft Agents’ Code include specific reference to the Personal Data (Privacy) Ordinance (Cap. 468) (“PDPO”) and related...

... It was also suggested where “other regulators or professional bodies” were referenced, they should be named or the reference should be removed, so as not to expose licensed insurance brokers to double jeopardy. That said, certain respondents requested that the draft Brokers’ Code include specific...

... referenced, they should be named or the reference should be removed, so as not to expose licensed insurance agents to double jeopardy. That said, certain respondents requested that the draft Agents’ Code include specific reference to the Personal Data (Privacy) Ordinance (Cap. 468) (“PDPO”) and related...

... It was also suggested where “other regulators or professional bodies” were referenced, they should be named or the reference should be removed, so as not to expose licensed insurance brokers to double jeopardy. That said, certain respondents requested that the draft Brokers’ Code include specific...

...” has a double meaning. The Ordinance, when referring to “Third Party” risks, means potential liability for death or injury only. On the other hand, a motor insurance policy described as “Third Party”, covers liability for Property Damage to third parties, in addition to liability for death or injury. 1...

... policies in Hong Kong). Liability for Property Damage to third parties is not a compulsory insurance requirement. (ii) The term “Third Party” has a double meaning. The Ordinance, when referring to “Third Party” risks, means potential liability for death or injury only. On the other hand, a motor insurance...

...” has a double meaning. The Ordinance, when referring to “Third Party” risks, means potential liability for death or injury only. On the other hand, a motor insurance policy described as “Third Party”, covers liability for Property Damage to third parties, in addition to liability for death or injury. 1...