... It has been four months since I spoke at CIB’s Annual Conference last October. Tonight, I would like to update you on the progress on the preparatory 1 Mr. Bhabani Sankar Rath, Chairman of The Hong Kong Confederation of Insurance Brokers. 2 work for the implementation of the new licensing regime for...

... activities for the client, referred to in the Code of Conduct as a “client agreement”. 2. This Practice Note supplements Standard and Practice 5.4(a) of the Code of Conduct by setting out information which the Insurance Authority (“IA”) would expect a licensed insurance broker company (for the purpose of...

... It has been four months since I spoke at CIB’s Annual Conference last October. Tonight, I would like to update you on the progress on the preparatory 1 Mr. Bhabani Sankar Rath, Chairman of The Hong Kong Confederation of Insurance Brokers. 2 work for the implementation of the new licensing regime for...

... September 2023 - Typhoon Saola and a black rainstorm. According to the data collected from the insurance industry1, the total gross claims incurred reached $1.9 billion2. Property damage and motor businesses are the two most affected lines of business, representing 86% and 9% of the total gross...

... Insurance Intermediaries Qualifying Examination Syllabus for Travel Insurance Agents Examination Candidates are recommended to study the 2014 Edition of the Study Notes for examinations to be held from 2 March 2015 onwards. Insurance Intermediaries Qualifying Examination Syllabus for Travel...

... public from tomorrow (2 December 2020) until further notice. However, enquiry and complaint hotline services will continue as normal, and their operating hours are set out on the IA website. Email responses to enquiries and complaints will also continue as normal. Except those skeleton staff...

... 1 CIB Annual Conference 2021 “Insurance Broking in a Changing World - Negotiating Stormy Seas” held at 2 p.m. on 25 October 2021 Opening Remarks by Mr Clement Cheung Chief Executive Officer of the Insurance Authority Patrick 1 , Alex 2 , Rath 3 , Adrian 4 , distinguished members of the Hong Kong...

... Companies (Amendment) Ordinance 2015 B. Regulated Activities C. Specified Exemption & Exceptions D. Licensing Requirements E. Ongoing Obligations of Intermediaries F. Current Preparatory Work 2 Phase 3 Commencement of Amendment Ordinance • Implementation of new statutory licensing regime for insurance...

... Companies (Amendment) Ordinance 2015 B. Regulated Activities C. Specified Exemption & Exceptions D. Licensing Requirements E. Ongoing Obligations of Intermediaries F. Current Preparatory Work 2 Phase 3 Commencement of Amendment Ordinance • Implementation of new statutory licensing regime for insurance...

... involving the use of technology for non-face-to-face (“non-F2F”) distribution of long term insurance products. The pandemic situation caused by COVID-19 also prompts the need for measures to minimize the risk of infection during the sales process of insurance products. Issues arising out of the use of...