... without adversely affecting the interests of policyholders and potential policyholders. Considering the diversity of long term insurance products, each with different features and risk characteristics, it is agreed with the industry that the temporary facilitative measures should be introduced by phases...

... Process Review Panel for Insurance Authority The Process Review Panel (“PRP”) is an independent non-statutory body set up by the Government to review and advise on adequacy of internal procedures and operational guidelines formulated by the...

... products. However, all insurers and intermediaries carrying on medical insurance business in or from Hong Kong have to be authorised or licensed by the IA. To protect the interests of policy holders, the IA reviews the relevant documents and conducts on-site inspection to ensure that the insurers and...

... Management today as enclosed (See Appendix I), which has duly taken into account comments from the industry. As GL21 sets out the objectives and requirements on enterprise risk management (“ERM”) and the Own Risk and Solvency Assessment; and provides the impetus for insurers to establish effective tools to...

... Insurance Principles and Practice of Insurance Examination 2013 P1 of 2 Candidates are recommended to study the 2013 Edition of the Study Notes for examinations to be held from 15 October 2013 onwards. Insurance Intermediaries Qualifying Examination – Paper I Syllabus for Principles and Practice...

... GL29 GUIDELINE ON COOLING-OFF PERIOD Insurance Authority Contents Page 1. Introduction…………………….…………………………. 1 2. Interpretation………………….………………...………… 1 3. Relevant Regulatory Requirements and Status of this Guideline…………………….……………………………. 3 4. Scope of Application………….…………………………... 4 5. Cooling-off...

... GL29 GUIDELINE ON COOLING-OFF PERIOD Insurance Authority Contents Page 1. Introduction…………………….…………………………. 1 2. Interpretation………………….………………...………… 1 3. Relevant Regulatory Requirements and Status of this Guideline…………………….……………………………. 3 4. Scope of Application………….…………………………... 4 5. Cooling-off...