... respectively compared with the corresponding period in 2016. Overall underwriting profit decreased from $1.1 billion to $369 million. On direct business, gross and net premiums increased by 4.2% to $19.7 billion and 2.4% to $13.8 billion respectively in the first half of 2017 compared with the...
https://www.ia.org.hk/english/infocenter/press_releases/market_performance_of_hong_kong_insurance_industry_for_the_first_half_of_2017.html -
Date: 2017-09-07
... incumbent for insurers to step up their controls in mitigating cyber risks. With the increased incidents of cyber attack and its increasing sophistication, strong cyber resilience is important for insurers to protect the personal information of its policy holders, and digital/electronic data of its business...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/cir_20170517.pdf -
Date: 2018-01-12
... Circulars on Regulatory Matters2010 Date Subject...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/circulars_on_regulatory_matters_2010.html -
Date: 2020-12-22
... December 2023) presenting statistics on complaints received in the first three quarters of 2023, providing insurance practitioners with guidance on regulatory matters and highlighting topical issues for policy holders. Continuing Professional Development (CPD) Completing a minimum...
https://www.ia.org.hk/english/infocenter/press_releases/20231220_1.html -
Date: 2023-12-20
... enables electronic submission of applications and other documents by licence applicants, licensees and their principals. This user guide is to provide different account users of principals with information on functions and procedure in the IIC. For instructions on how to submit an individual licence...
https://www.ia.org.hk/english/infocenter/forms/files/Online_Portal_Userguide_principal_Jan_2021.pdf -
Date: 2022-01-06
... Insurance Authority warns against fraudulent website 26 July 2023 The Insurance Authority (IA) today (26 July 2023) alerted the public to a fraudulent website with the domain name of “https://axaasbx.com”. The fraudulent website purports...
https://www.ia.org.hk/english/infocenter/press_releases/20230726.html -
Date: 2023-07-26
... risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html). 1 Definition of IIs should be construed in conjunction with the Guideline on Anti-Money Laundering and Counter- Terrorist Financing, i.e. authorized insurers and reinsurers carrying on long term business, and licensed individual insurance agents...
https://www.ia.org.hk/english/legislative_framework/circulars/antimoney_laundering/files/Cirdd1472020.pdf -
Date: 2020-11-13
... Enhance Customer Protection (“Updated Requirements”) With reference to our Circular (Ref: Mv135/14) dated 8 December 2014, a revised enclosure (mainly with topographical changes on pages 10 and 30) is enclosed herewith to replace the Updated Requirements. The full set of Updated Requirements is...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_HKFI_ILAS_Requirements_v4_8_12_2014_20190823.pdf -
Date: 2019-12-20
... Interpretation Notes Page 1 of 9 Interpretation Notes Guideline on Offering of Gifts (GL25) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline on...
https://www.ia.org.hk/english/legislative_framework/files/Interpretation_Notes_to_GL25.pdf -
Date: 2020-09-24
... Interpretation Notes Page 1 of 9 Interpretation Notes Guideline on Offering of Gifts (GL25) The Insurance Authority (“IA”) issues these Interpretation Notes with the aim of providing further guidance to authorized insurers and licensed insurance intermediaries in respect of the Guideline on...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Interpretation_Notes_to_GL25.pdf -
Date: 2020-12-21