... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/GuidelineonContinuingProfessionalDevelopmentforLicensedInsuranceIntermediaries_Brokers.pdf -
Date: 2020-06-24
... insurance agency which appoints a licensed technical representative (agent); and (d) A licensed insurance broker company which appoints a licensed technical representative (broker). 1.4 A failure to comply with any CPD requirements set out in this Guideline by a person listed above may adversely affect the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Eng_GL24_CPD.pdf -
Date: 2019-09-10
... Process Review Panel for Insurance Authority The Process Review Panel (“PRP”) is an independent non-statutory body set up by the Government to review and advise on adequacy of internal procedures and operational guidelines formulated by the...
https://www.ia.org.hk/english/aboutus/governance/process_review_panel.html -
Date: 2021-07-16
... Proposed New Rules, Codes and Guidelines We are developing a new set of rules, codes and guidelines for the supervision of licensed insurance intermediaries under new regime. When setting the new requirements, references are made to the rules and regulations...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/proposed_new_rules_codes_guidelines.html -
Date: 2019-05-14
... The law stipulates that premiums paid for deferred annuity products satisfying a set of criteria set out in the guideline issued by the Insurance Authority (IA) are eligible for tax deduction under the salaries tax and personal assessment. Please visit the List of Qualifying Deferred Annuity Policies...
https://www.ia.org.hk/english/qualifying_deferred_annuity_policy/faqs.html -
Date: 2020-07-22
... Preparatory Works To prepare for the new regime, we are drafting new rules, codes and guidelines and developing a new computer system and online portal. We have also set up a Working Group on Direct Licensing Regime for Insurance Intermediaries and two...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/new_regulatory_regime_preparatory_works.html -
Date: 2019-03-01
... Business Ethics = A set of principles which determines what is the right behavior when conducting insurance business or carrying on regulated activity • Honesty and Integrity • Acting in the client’s best interests and treating clients fairly • Due care and diligence • Professional competence and...
https://www.ia.org.hk/english/aboutus/task_force/activities_meetings/files/Future_Task_Force_MC_16_Dec_2020.pdf -
Date: 2020-12-21
... Ordinance (Cap. 622), or one formed and registered under the former Companies Ordinance, including a non-Hong Kong company to which Part 16 of the Companies Ordinance (Cap. 622) applies. Authorization requirements and procedures are set out in the Authorization Guideline (GL1) and Guideline on...
https://www.ia.org.hk/english/supervision/reg_insurers_lloyd/regulatory_requirements.html -
Date: 2020-09-07
... Scheme) promulgated in the 2021-22 Budget. The Grant Scheme provides an incentive for insurance companies and organisations to issue insurance-linked securities (ILS) in Hong Kong, while efforts are being made in parallel to map out a new regulatory scheme for Special Purpose Insurers set up in...
https://www.ia.org.hk/english/infocenter/press_releases/20210503_1.html -
Date: 2021-05-03