... Microsoft Word - 20200925 - Complaint Statistics_v5_Eng (Clean version).docx Summary of Complaints received by the Insurance Authority 1 April 2019 – 31 March 2020 Remarks:  With effect from 23 September 2019, the Insurance Authority took on the direct regulation of all insurance intermediaries...

... to the determination of the value of ROU assets and related lease liabilities under the Valuation Rules, and that it shall take effect on 1 November 2020 in respect to authorized insurers’ preparation of the relevant reporting to the Insurance Authority. Should you have any enquiries in this matter...

... to the determination of the value of ROU assets and related lease liabilities under the Valuation Rules, and that it shall take effect on 1 November 2020 in respect to authorized insurers’ preparation of the relevant reporting to the Insurance Authority. Should you have any enquiries in this matter...

... licensed intermediaries adopt proper standards of conduct and engage in sound and prudent business practices. Issued by the IA, the Guideline on Medical Insurance Business (GL 31) took effect in September 2020. It applies to all medical insurance business, including both individual and group...

... Government for the publication of lists in relation to individuals, entities and ships designated under the DPRK Regulation. In accordance with the amended Regulation, and with effect from 22 June 2018, the Commerce and Economic Development Bureau (“CEDB”) will update the list of designated individuals and...

... regulate and supervise the insurance industry in Hong Kong with effect from 26 June 2017. Besides, the Insurance Companies Ordinance (Cap. 41) has been renamed the Insurance Ordinance (Cap. 41) when the relevant provision of the Insurance Companies (Amendment) Ordinance 2015 came into operation on the same...

... insurance products in 2012. To illustrate the effect of such accounting policy change on aggregate statistics, Gross and Net Outstanding Claims Provisions under the new and old accounting policy are shown below for reference. 意外及健康業務 Accident & Health Business 根據《保險業條例》第25D條獲批的㇐般業務轉讓，其批准日期於2019年內的有兩宗。 There...

...’) has been renamed The Insurance Complaints Bureau (‘ICB’) with effect from 16 January 2018. This Update serves to set out the textual updates to the Study Notes for the Principles and Practice of Insurance Examination (2017 Edition) to reflect the aforesaid change. 1. Sections 6.1.4, 6.1.4a and 6.1.4b...

... responsible officer within 90 days after the date on which the suspension takes effect (or has made such an application within 90 days and the IA rejects the application). Licensed Insurance Agency/Individual Insurance Agent/Technical Representative (Agent)/Technical Representative (Broker) Under section 64ZH...

... a responsible officer, the IA may: • suspend the licence of the agency/broker company; • revoke such licence if the agency/broker company has not made an application for the approval of an individual as a responsible officer within 90 days after the date on which the suspension takes effect (or has...