... Globally 1st in AsiaUS$9,706 Insurance density (insurance premium per capita) Presence of 14 out of 20 US$3.2tn with assets totaling some RMB695bn Largest pool of offshore RMB deposits Strategic geographic location Situated at the heart of the Asia Pacific Region Well established land, air and sea...
https://www.ia.org.hk/english/infocenter/files/IA-InvestHK_EN.pdf -
Date: 2022-05-24
... markets Growth Area – Belt and Road 13 Belt and Road Initiative covers 65 countries with 60% of world population, but only 30% of global GDP Emergence of new markets Infrastructure investment worth more than US$ 1.5 trillion per year up to 2030 2Meeting Asia’s Infrastructure Needs, Asia Development Bank...
https://www.ia.org.hk/english/infocenter/files/VTC_Insurance_Summit_Mr_Clement_Cheung.pdf -
Date: 2020-06-12
... per policy year. The rate will increase gradually until it reaches 0.1%. There is a cap on the levy payable. For life insurance policies with single or annualised premiums at or above $100,000, or general insurance policies with annual premiums at or above $5 million, policy holders need to pay only...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf -
Date: 2021-12-14
... per policy year. The rate will increase gradually until it reaches 0.1%. There is a cap on the levy payable. For life insurance policies with single or annualised premiums at or above $100,000, or general insurance policies with annual premiums at or above $5 million, policy holders need to pay only...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf -
Date: 2022-05-24
... per policy year. The rate will increase gradually until it reaches 0.1%. There is a cap on the levy payable. For life insurance policies with single or annualised premiums at or above $100,000, or general insurance policies with annual premiums at or above $5 million, policy holders need to pay only...
https://www.ia.org.hk/english/infocenter/files/Small_Levy_Big_Protection_EN.pdf -
Date: 2020-06-23
... Financial Needs Analysis Form and Risk Profile Questionnaire (“RPQ”) as per the HKFI ILAS Requirements, that Members should put in place appropriate control and procedures to ensure that the information in the two sets of documents is consistent with each other. 5. The forms or instruments for...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_CIB_GN4_on_Cond_KYC_Incl_LLT_Ins_v2_8_4_2014_eg19.pdf -
Date: 2019-12-20
... the Disciplinary Committee that the Member be fined as per the Guidance Note on Annual Certification for Adequate Professional Indemnity Insurance. Note 2: That failure to maintain adequate insurance and/or certification that adequate insurance was effective during a period when it was not will be...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/2_GN_on_An_Cert_for_Prof_Ind_v2_10_6_2009_eg19.pdf -
Date: 2019-12-20
... focus on “solo” regulation, meaning that the IA is assigned powers only on the regulation of companies as single entities carrying on insurance business in or from Hong Kong (referred to hereafter as “authorized insurers”). 2 Many authorized insurers, however, are subsidiary companies within a wider...
https://www.ia.org.hk/english/infocenter/files/Consultation_Paper_on_the_Draft_Insurance_Group_Capital_Rules_ENG.pdf -
Date: 2020-08-19
... customer in the "Statement of Purpose" paragraph of the IFS, together with other relevant information, in assessing whether a particular ILAS product is suitable for the customer(s), and (iii) deal appropriately with any exceptions as per section 4.6 below. Special consideration is required where business...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/5_HKFI_ILAS_Requirements_v5_14_7_2015_20190823.pdf -
Date: 2019-12-20
... arising from follow-up consultations, including physiotherapy and Chinese medicine treatment, for the same accidental injury or illness are also covered within a specified period (e.g. 90 days) after returning to Hong Kong. There is a maximum daily limit or maximum limit per journey for each medical...
https://www.ia.org.hk/english/travel_insurance/common_coverage.html -
Date: 2024-01-18