... 2014 respectively pertaining to the Sale of Investment Linked Assurance Scheme (“ILAS”) issued by the Life Insurance Council of the Hong Kong Federation of Insurers (“HKFI”). The Insurance Authority considers it necessary for these requirements to be enhanced to protect further ILAS customers. 2...

... 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...

... 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...

...) Ordinance (Cap.615) Commissioner of Customs and Excise Insurance Authority Monetary Authority and Securities and Futures Commission 30 April 2014 2 PURPOSES 1. This Memorandum of Understanding (“MoU”) sets out the framework agreed between the Commissioner of Customs and Excise, the Insurance Authority, the...

...) Ordinance (Cap.615) Commissioner of Customs and Excise Insurance Authority Monetary Authority and Securities and Futures Commission 30 April 2014 2 PURPOSES 1. This Memorandum of Understanding (“MoU”) sets out the framework agreed between the Commissioner of Customs and Excise, the Insurance Authority, the...

...) Ordinance (Cap.615) Commissioner of Customs and Excise Insurance Authority Monetary Authority and Securities and Futures Commission 30 April 2014 2 PURPOSES 1. This Memorandum of Understanding (“MoU”) sets out the framework agreed between the Commissioner of Customs and Excise, the Insurance Authority, the...

... in-force long term business were $280.3 billion in the first half of 2020 (increased by 5.6%), mainly comprising $237.9 billion from Individual Life and Annuity (Non-Linked) business (increased by 2.5%), $12.7 billion from Individual Life and Annuity (Linked) business (decreased by 8%), as well as $26.1...