...). Under section 21 of the AMLO, the IA may impose a pecuniary penalty either on its own or together with other disciplinary sanctions on an authorized insurer carrying on long term business, and a licensed individual insurance agent, a licensed insurance agency or a licensed insurance broker company...

... Insurance Industry (“FTF”) has been set up to work hand in hand with the IA in exploring the future of the insurance industry. The FTF, chaired by Dr Moses Cheng, Chairman of the IA, comprises experts and professionals from the insurance industry and the academia.  Apart from...

... slightly improved as compared with 2017 despite the impact of Typhoon Mangkhut in 2018. In 2017, the impact of Typhoon Hato on Property Damage business resulted in a loss of $1.2 billion, which was the largest contributor of underwriting loss for 2017. However, in 2018, Property Damage business resumed...

... overseas company, please also provide information on the business carried on in your home country and other branches.) Nature of Major Business Year of Commencement of Business Brief Description of Business ☐ No III. Licence(s) Granted by Financial Regulator(s) 1. † Have you ever been registered with the...

... overseas company, please also provide information on the business carried on in your home country and other branches.) Nature of Major Business Year of Commencement of Business Brief Description of Business ☐ No III. Licence(s) Granted by Financial Regulator(s) 1. † Have you ever been registered with the...

... overseas company, please also provide information on the business carried on in your home country and other branches.) Nature of Major Business Year of Commencement of Business Brief Description of Business ☐ No III. Licence(s) Granted by Financial Regulator(s) 1. † Have you ever been registered with the...

... information required is available. In this connection, it is advisable to hold preliminary meetings with the Insurance Authority before submitting the formal application. (b) The proposed captive company should not commence to carry on any insurance business in or from Hong Kong until its application has been...

... be made until all the information required is available. In this connection, it is advisable to hold preliminary meetings with the Insurance Authority before submitting the formal application. (b) The proposed captive company should not commence to carry on any insurance business in or from Hong Kong...

... information required is available. In this connection, it is advisable to hold preliminary meetings with the Insurance Authority before submitting the formal application. (b) The proposed captive company should not commence to carry on any insurance business in or from Hong Kong until its application has been...

... be made until all the information required is available. In this connection, it is advisable to hold preliminary meetings with the Insurance Authority before submitting the formal application. (b) The proposed captive company should not commence to carry on any insurance business in or from Hong Kong...