... GL27 GUIDELINE ON LONG TERM INSURANCE POLICY REPLACEMENT Insurance Authority Contents Page 1. Introduction………………………………………………………. 1 2. Interpretation…………………………………...………………… 1 3. Relevant Regulatory Requirements and Status of this Guideline……………………………………….………………… 2 4. Scope of Application...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf -
Date: 2020-06-24
...% of the insurance premium per policy year and increase gradually to 0.1%. The amount of the levy imposed on each policy will be subject to a cap. Except for certain policies2 exempt from the levy by law, policy holders of all new or in-force life insurance policies and general insurance...
https://www.ia.org.hk/english/infocenter/press_releases/collection_of_premium_levy_to_take_effect_on_1_January_2018.html -
Date: 2017-09-22
... same period of 2017. Revenue premiums of Individual Life and Annuity (Non-Linked) business increased by 8% to $99.8 billion while those of Individual Life and Annuity (Linked) business increased by 19.6% to $8.4 billion. Contributions of Retirement Scheme business increased by 2.4% to $7.3...
https://www.ia.org.hk/english/infocenter/press_releases/market_performance_of_hong_kong_insurance_industry_for_the_first_quarter_of_2018.html -
Date: 2018-05-31
... Organizations 1 (“SROs”) on 23 September 2019 (“Commencement Date”), with the Insurance Companies (Amendment) Ordinance 2015 (Commencement) Notice 2019 to be gazetted in May 2019 to complete the prerequisite. The takeover will mark a major milestone and a reformatory change for the insurance industry as the IA...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_14.05.2019.pdf -
Date: 2019-11-29