...: publicly reprimanding the II; ordering the II to take remedial actions; and ordering the II to pay a pecuniary penalty not exceeding the greater of HK$10 million or 3 times the profit gained or costs avoided as a result of the contravention. In exercising the IA&rsquo...

... processing the application. 1. Application for Insurance Agency Licence (Form A5); 2. Application for Proposed Appointment of a Responsible Officer (Form A3); 3. Individual Licence Application by the proposed Responsible Officer (Form A1) together with the supporting documents as stated in the Notes on...

... processing the application. 1. Application for Insurance Agency Licence (Form A5); 2. Application for Proposed Appointment of a Responsible Officer (Form A3); 3. Individual Licence Application by the proposed Responsible Officer (Form A1) together with the supporting documents as stated in the Notes on...

... Microsoft Word - circular letter May 2019 - user fees(rr).docx 14 May 2019 Our Ref: INS/LEG/1/3 By e-mail To: Chief Executives of all authorized insurers Dear Sirs, New User Fees to be Collected by the Insurance Authority (“IA”) We refer to our letter dated 29 March 2018 consulting your views on...

... The Market As at 30 September 2023, there were 163 authorized insurers in Hong Kong, of which 88 were pure general insurers, 53 were pure long term insurers, 19 were composite insurers and 3 were special purpose insurers. As at 30 September 2023, there...

...; Episode 2: The Unveiling of Relationship Blind Spots   Episode 3: The Strange Case of Premium Payments   Episode 4: The Enigmas of Life Policy Replacement Comic Series: The Insurance Casebook of Detective Lun (Chinese only...

... development, delivery, customer service and cost efficiency 3 Any other requirements? Solvency, capital, local asset requirements and policyholder protection measures to stay For long term business, at least one shareholder controller should be an insurer 4 “Fast Track” an ongoing thing? A pilot scheme only 5...

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