... Professional Development for Licensed Insurance Intermediaries (GL24) We have today issued a set of Interpretation Notes relating to the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (GL24), which can be downloaded from the website of the Insurance Authority (“IA”). The...

... Professional Development for Licensed Insurance Intermediaries (GL24) We have today issued a set of Interpretation Notes relating to the Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (GL24), which can be downloaded from the website of the Insurance Authority (“IA”). The...

... which set out principles of best practice for compliance by insurers e.g. Guideline on Underwriting Class C Business (“GL15”) and Guideline on Underwriting Long Term Insurance Business (other than Class C Business) (“GL16”). Code of Conduct for Insurance...

... moderation and re- calibration. In addition, the QIS 3 package has taken into account international standards and practices, particularly the global Insurance Capital Standard (ICS) being developed by the International Association of Insurance Supervisors (IAIS). QIS 3 is contributory to forming the data set...

...;Insurance Ordinance (Cap.41) (“IO”), and the applicable requirements set out in the rules, regulations, codes and guidelines made or issued under the IO. For monitoring the continuing compliance with the statutory conduct requirements, the IA may apply suitable supervisory tools...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...

...) (“IO”)) checks that the broker company is complying with the requirements in the insurance regulatory framework. These include the requirements set out in the Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules, the Code of Conduct for Licensed Insurance Brokers...

... innovative and robust business model using digital distribution to bring benefits to the consumers. While these two initiatives were just launched less than three weeks ago, we have already received very positive responses from interested market players. To complement these initiatives, we have also...